$210 Million raised by Blockstream at a valuation of $3.2 billion

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Pakistan Daballoti
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As part of its move to strengthen its position in the bitcoin mining industry, Blockstream also revealed that it had acquired Spondoolies’ intellectual property in order to acquire bitcoin mining hardware from the Israeli company. With mining operations in Canada and the U.S. since 2017, Blockstream recently announced a partnership with Square on a solar-powered mining facility in the U.S.



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