BlockStream – DIGIT INFO

Crypto bank Sygnum hits unicorn status with new $58M raise

DIGIT — Tue, 14 Jan 2025 06:00:00 +0000

Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream.

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Financial institutions want Bitcoin and ETFs: Blockstream’s Adam Back

DIGIT — Fri, 01 Nov 2024 14:32:53 +0000

Back was an early Bitcoin developer and the first person to receive an email from pseudonymous Bitcoin creator Satoshi Nakamoto.

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Blockstream Completes $210 Million Convertible Note Financing Round

DIGIT — Tue, 15 Oct 2024 17:31:24 +0000

Blockstream, a bitcoin infrastructure firm, announced on Tuesday the successful closure of a $210 million convertible note financing round, led by the investment firm Fulgur Ventures. According to the firm, the funds will be directed toward accelerating the adoption and development of Blockstream’s layer two (L2) technologies, such as the Lightning network and Liquid. Additionally, […]

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Blockstream secures $210M debt funding for Bitcoin layer-2 strategy

DIGIT — Tue, 15 Oct 2024 16:35:16 +0000

The company raised $210 million in debt financing less than a month after launching a security token offering in Europe.

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Polymarket Sees Shifts in Satoshi Nakamoto Betting Odds Ahead of HBO Film Release

DIGIT — Mon, 07 Oct 2024 16:05:41 +0000

With the HBO documentary set to release on Wednesday, claiming to reveal the true identity of Satoshi Nakamoto, Polymarket bettors are actively speculating on who it might be. As of this writing, Len Sassaman, who previously led the wagers, has fallen behind, while Blockstream’s Adam Back now leads with a 22.5% probability of being named […]

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Blockstream Mining issues hashrate-backed security token in fundraise

DIGIT — Thu, 05 Sep 2024 20:58:59 +0000

Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding.

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Blockstream targets continued Bitcoin miner surplus with series 2 BASIC note

DIGIT — Thu, 14 Dec 2023 14:01:17 +0000

Blockstream CEO Adam Back says 2023 presented a unique investment opportunity with Bitcoin’s price doubling amid low ASIC miner prices on secondary markets.

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Perfect storm for undervalued ASICs: Blockstream plans $50M raise to buy miners

DIGIT — Tue, 15 Aug 2023 14:15:04 +0000

Blockstream intends to buy and store ASIC mining hardware ahead of Bitcoin’s halving in 2024.

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Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

DIGIT — Tue, 24 Jan 2023 09:00:23 +0000

Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins. […]

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Crypto Biz: Is Goldman Sachs the ultimate crypto contrarian?

DIGIT — Fri, 09 Dec 2022 18:30:00 +0000

Is the U.S. investment bank looking to buy up distressed crypto firms amid the bear market?

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