Blockstream Launches Bitcoin Mining Tokens for Qualified Investors Outside the U.S.

Blockstream Launches Bitcoin Mining Tokens for Qualified Investors Outside the U.S.

According to official news, Bitcoin technology research and development organization Blockstream announced the launch of the LiquidNetwork-based security-type Bitcoin mining token Blockstream Mining Note (BMN) for qualified investors outside the United States. It aims to provide a more flexible trading mining token than traditional physical mining facilities and expand investors' access to Bitcoin mining activities. At the same time, the Bitcoin mined by BMN will first be cold stored and then delivered to token holders at the end of three years.

The first approximately $15 million of BMN will be sold on April 7, with the minimum investment for the product being approximately 200,000 euros (approximately $240,000). Investors can easily adjust their exposure to Bitcoin mining by trading BMN on the secondary market (depending on market liquidity). Blockstream plans to launch Bitcoin mining for BMN by July 9. Blockstream's mining facilities are currently located in Georgia, USA and Quebec, Canada



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