Blockstream’s Latest Launch: Turning Bitcoin into Music to Investor’s Ears

Blockstream Unveils BASIC Note Series 2 Release Following Success of $5 Million Series 1 Fundraiser

Blockstream announces BASIC Note Series 2 launch post successful $5M Series 1 raise.

Blockstream, the Bitcoin infrastructure powerhouse, is back with its latest offering to satiate the ever-growing appetite of digital asset investors. Announcing the launch of Series 2 for its Bitcoin-denominated investment vehicle, the Blockstream ASIC (BASIC) Note, they are once again ready to rock the crypto world.

The success of Series 1 surpassed all expectations, with investors clamoring to get their hands on these coveted Notes. In fact, during the Series 1 phase, Blockstream allocated a staggering $4.876 million to acquire Antminer S19k Pro ASIC miners. They left no stone unturned in their pursuit of efficiency, ensuring that these miners, with a hashrate of 120 Th/s (23 J/T), are the cream of the crop in the Bitcoin mining market.

“The strong response to our BASIC Note Series 1 underscores the growing interest in Bitcoin-centric investments,” says Blockstream’s CEO and Co-founder, Dr. Adam Back. With Series 2, they aim to ride this wave of enthusiasm and offer non-US investors the perfect entry point to the exciting Bitcoin ASIC market. Their focus on efficiency and strategic industry relationships positions them uniquely for the upcoming 2024 halving and beyond. It’s like they’ve picked the winning horse before the race has even begun!

Blockstream’s partnerships from Series 1 continue to flourish in Series 2. One standout partnership is with STOKR, the Luxembourg-based digital securities platform. Together, they are specifically targeting qualified non-US investors, offering them an exclusive ticket to the Bitcoin mining world. Blockstream’s relentless pursuit of the most efficient miners sets the stage for the impending 2024 halving, aiming to give their investors a rock-solid advantage.

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What’s even more thrilling is the price ratio for Series 2 ASICs, which remains incredibly compelling. These prices are well below typical direct manufacturer pre-order rates per TH in standard market conditions. Thanks to Blockstream’s fantastic rapport with key ASIC producers and brokers like Sunnyside Digital, they were able to leverage considerable savings on their machine acquisitions. It’s like they have a secret cryptocurrency discount card!

While the exact financial target for Series 2 remains a well-guarded secret, Blockstream is inviting non-US investors who are interested in the BASIC Note Series 2 to register their interest for more details. Trust us, you don’t want to miss out on this exclusive backstage pass to the world of Bitcoin investment!

So, whether you’re new to the game or a seasoned investor, Blockstream’s BASIC Note Series is calling your name. Take a chance on the most efficient miners, the upcoming 2024 halving, and the ever-growing crypto craze. Get ready to rock your digital asset portfolio to new heights!

Blockstream’s official announcement

More information about the BASIC Note series

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