pull down to refresh
285 sats \ 3 replies \ @1fatmess 25 Jan 2023 \ parent \ on: Blockstream Raises $125 Million For Bitcoin Mining Expansion bitcoin
deleted by author
They raised money via debt, not an equity sale, right?
There’s no valuation when raising via debt, just an interest payment due.
reply
deleted by author
reply
You sure? They are pitching it like it was due to 3Xing their revenue ... which I guess for a low margin business like mining might not mean much.
reply