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Blockstream Announces Major Growth & Expansion Plans For 2025 Following $210M Raise

May 1, 2025Updated:May 2, 2025No Comments3 Mins Read
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Blockstream Announces Major Growth & Expansion Plans For 2025 Following 0M Raise
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Blockstream, a frontrunner in Bitcoin-powered monetary infrastructure, has shared a brand new replace detailing its development plans for 2025. Following a profitable $210 million increase in October 2024 led by Fulgur Ventures, the corporate is accelerating its growth throughout infrastructure, software program, mining, and institutional funding choices.

“We’re at a pivotal second for Bitcoin’s development,” said Blockstream Co-Founder and CEO Dr. Adam Again. “Spot ETFs have opened the floodgates, establishments are speeding to have interaction with Bitcoin, and particular person curiosity is accelerating. As we glance forward, we’ll proceed to discover methods to ship the best influence with a concentrate on constructing the monetary rails and infrastructure to assist safe Bitcoin’s success long run.” 

As a part of its broader growth, Blockstream Mining will now function as an impartial firm below the identical model, having secured over $350 million in funding by a mixture of fairness, debt, and investments within the Blockstream Mining Observe (BMN2). Chris Prepare dinner, former President of Blockstream Mining, will lead the brand new entity as CEO, whereas Adam Again will proceed to help in an advisory function. Blockstream Satellite tv for pc will even fall below this newly impartial arm.

FOR IMMEDIATE RELEASE

Blockstream broadcasts key strategic replace for 2025.

We’re scaling throughout the complete Bitcoin monetary stack and accelerating growth and funding throughout a number of areas, with new merchandise for institutional, enterprise, and client customers debuting later…

— Blockstream (@Blockstream) April 30, 2025