Blockstream Raises $5.07 Million in Series 1 ASIC Note, Targets Non-US Investors for Series 2

Blockstream Secures $5M in Series 1 Funding, Preparing for Acquisition of New ASIC Mining Equipment

Blockstream Raises $5M in Series 1 Funding for ASIC Miner Acquisition

Ladies and gentlemen, buck up and get ready for the latest news in the world of digital assets! Blockstream, the almighty titan of Bitcoin timechain technology, has just rolled out some impressive developments that will leave your jaw on the floor and your pockets itching to invest.

In their recent announcement, Blockstream revealed the triumphant completion of their Series 1 Blockstream ASIC (BASIC) Note raise, a staggering accomplishment that secured a mind-boggling $5.07 million. Yes, you heard that right, folks. That’s enough to make Scrooge McDuck swim in his vault of gold coins.

But let’s break it down for you. A big chunk of that whopping amount, $4.87 million to be exact, is earmarked for the acquisition of those glorious ASIC miners, the proverbial golden gooses of crypto-mining. Blockstream plans to go all out and buy new, boxed Antminer S19k Pro ASIC miners. The remaining funds will be used to cover all the nitty-gritty details and expenses that go hand in hand with such a grand endeavor.

Now, what’s the hype all about? Well, brace yourselves because here’s the real icing on the cake. The price of ASIC miners has skyrocketed by a whopping 9.25%! And what caused this stunning surge? The ever-expanding value of Bitcoin, my friends. It seems like the stars have aligned, making the BASIC Note an irresistible opportunity for eager investors like you.

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So, what exactly is this BASIC Note series? Think of it as a magical bridge that connects investors with the hidden treasures of low ASIC miner prices. It’s a Bitcoin-denominated investment vehicle that promises a Bitcoin-on-Bitcoin return on your investment. With BASIC Notes, you can finally tap into the potential upside of this unreal market.

Now, if you’re new to the game, you might be wondering, “What on earth is an ASIC?” Allow me to enlighten you, dear reader. ASIC stands for Application-Specific Integrated Circuit, a fancy term for those powerful machines that validate transactions and pave the way for a smooth Bitcoin network. But beware, these beasts come at a price—both in terms of energy demands and cold, hard cash.

But fear not, for Blockstream’s BASIC Note is here to save the day! It grants you access to ASIC miner shares at rock-bottom prices. It’s like getting exclusive backstage passes to the greatest show on earth, at a fraction of the cost. Now, isn’t that something to get excited about?

But wait, there’s more! Blockstream, never one to rest on their laurels, has also announced the upcoming deployment of their second Note series, aptly named Series 2. This time, they’ve partnered up with the Luxembourg-based digital assets securities platform STOKR, bringing you even more incredible investment opportunities.

You might be wondering, “How much are they raising this time?” Well, my eager investors, Blockstream is playing their cards close to their chest and keeping that little secret under wraps. But what we do know is that Series 2 will continue to offer entry points into the undervalued Bitcoin ASIC marketplace. It’s your golden ticket to the potential riches waiting to be unearthed.

But why all this fuss, you ask? Well, dear reader, it all comes down to the fascinating dance between Bitcoin price cycles and ASIC miner prices. In those gloomy bear markets, ASIC miners tend to take a nosedive, while the price of Bitcoin still manages to stay afloat. But when the bulls come charging in, oh boy, the situation flips. ASIC miners skyrocket, leaving Bitcoin trailing in their glorious wake.

So, what does this mean for you? It means that by embarking on this BASIC Note adventure, you can channel Blockstream’s vast expertise into the world of ASIC mining and grab a slice of that delicious pie. With tokenized shares, you’ll ride those market waves and emerge victorious.

But, my friends, hold your horses! Series 2 has its sights set on a specific group of investors—those non-US folks. Why, you may ask? Well, let’s just say that regulatory clarity back in the land of the free isn’t as clear as sunny summer skies. And like any savvy entrepreneur, Blockstream knows where to focus their attention.

Now, pay attention because this is important. Investing in Series 2 requires a minimum investment of $115,000 or its Bitcoin, Liquid Bitcoin, or USDT stablecoin equivalent. So dust off those wallets and get ready to make your move.

To embark on this electrifying journey, eligible investors should visit the official STOKR listing website. Trust me, folks, this is your chance to join the league of extraordinary investors and seize the day!

So, my dear digital asset enthusiasts, the stage is set, and the opportunity is calling your name. Will you heed the call and become a part of the ever-evolving world of ASIC mining? The choice is yours. The treasure chests are open. It’s time to dive in and let the future unfold before your eyes.

Get ready to ride the wave, my friends, and let’s conquer this brave new world together!

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Hey there, dear readers! What are your wildest dreams and greatest fears about ASIC mining? Share your thoughts in the comments below and let’s dive into a lively conversation!

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