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Blockstream Raises $125 Million For Bitcoin Mining Expansionbitcoinmagazine.com/business/blockstream-raises-125-million-for-bitcoin-mining
755 sats \ 11 comments \ @kr 24 Jan 2023 bitcoin
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0 sats \ 9 replies \ @Glasgow 24 Jan 2023

Phew

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285 sats \ 7 replies \ @nevermind 25 Jan 2023

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100 sats \ 3 replies \ @ev 25 Jan 2023

They raised money via debt, not an equity sale, right?

There’s no valuation when raising via debt, just an interest payment due.

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10 sats \ 1 reply \ @nevermind 25 Jan 2023

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0 sats \ 0 replies \ @247bf84fda 25 Aug freebie

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0 sats \ 1 reply \ @k00b 25 Jan 2023

You sure? They are pitching it like it was due to 3Xing their revenue ... which I guess for a low margin business like mining might not mean much.

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0 sats \ 0 replies \ @247bf84fda 25 Aug freebie

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