Blockstream will launch a series of Bitcoin mining hardware investment products 2

ChainCatcher news, according to The Block, Bitcoin infrastructure company Blockstream will launch a Bitcoin-denominated investment tool—Blockstream ASIC (BASIC) Note—after an oversubscribed first round. Series 2, in collaboration with Luxembourg digital securities platform Stokr, is aimed at qualified non-U.S. investors and is designed to take advantage of the historically low prices of Bitcoin mining hardware or Application-Specific Integrated Circuits (ASICs). Blockstream did not disclose the target for the second round of financing.

Blockstream CEO and co-founder Dr. Adam Back stated, "We aim to leverage this momentum to provide a strategic entry point into the Bitcoin ASIC market for non-U.S. investors through Bitcoin-based products."