Blockstream Raises $210M, Acquires Mining Chip Manufacturer Spondoolies

Name: Blockstream Raises $210M, Acquires Mining Chip Manufacturer Spondoolies
Uploaded: 2021-08-24T22:24:54Z
Duration: 5 min 347 s
Description: Canadian bitcoin technology company Blockstream is valued at $3.2 billion following a $210 million Series B raise, which will fund an expansion into manufacturing specialized mining chips (ASICs).

Aug 24, 2021

Canadian bitcoin technology company Blockstream is valued at $3.2 billion following a $210 million Series B raise, which will fund an expansion into manufacturing specialized mining chips (ASICs).

Up Next

Crypto Will See 'a Lot More Proactive Enforcement' Thanks to the Four Horsemen of the Cryptocalypse: Columnist

01:28

Video regression for 3.54.0 release [no, no]

Jun 16, 2023

10:12

Bitcoin Mining Is About to Get Tougher With Difficulty Primed for Another Sharp Rise.

Oct 7, 2022

04:48

Celsius’ Crypto Customers Face New Challenge in Retrieving Deposits

Oct 6, 2022

Bitcoin Slips to $42K From Last Week's Yearly High; Ledger CEO on Future of Hardware Wallets

40:07

The last regression video of the year 3.67.0

Dec 12, 2023

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.