Perfect storm for undervalued ASICs: Blockstream plans $50M raise to buy miners By Cointelegraph
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Blockchain technology firm Blockstream is looking to raise up to $50 million to purchase and store mining equipment that it perceives to be undervalued on secondary markets.
Speaking exclusively to Cointelegraph, Blockstream mining sales head James Macedonio unpacked the company’s plans to take advantage of a “huge separation” in the value of (BTC) and ASIC mining equipment.
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Blockchain technology firm Blockstream is looking to raise up to $50 million to purchase and store mining equipment that it perceives to be undervalued on secondary markets.
Speaking exclusively to Cointelegraph, Blockstream mining sales head James Macedonio unpacked the company’s plans to take advantage of a “huge separation” in the value of (BTC) and ASIC mining equipment.
Continue Reading on Coin Telegraph
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