Blockstream raising funds for mining at a 70% lower company valuation
CEO Adam Back said the new funding will be invested in expanding the company's mining capacity.
![Blockstream raising funds for mining at 70% lower company valuation](https:// images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMWM2Nzc5ZTItYmYzNy00ODI2LTkyYjctZGIxZWI2MGIyOWQ3LmpwZw==.jpg)
![Blockstream raising funds for mining at a 70% lower company valuation](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMWM2Nzc5ZTItYmYzNy00ODI2LTkyYjctZGIxZWI2MGIyOWQ3LmpwZw==.jpg?#)
CEO Adam Back said the new funding will be invested in expanding the company's mining capacity.
![Blockstream raising funds for mining at 70% lower company valuation](https:// images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMWM2Nzc5ZTItYmYzNy00ODI2LTkyYjctZGIxZWI2MGIyOWQ3LmpwZw==.jpg)
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