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Blockstream Spins out Mining and ASIC Divisions in Major Restructuring Effort – Mining Bitcoin News

Summary by Bitcoin.com
The bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing key expansion initiatives. Strategic Shift: Blockstream Carves out Mining and Hardware Divisions Bitcoin infrastructure firm Blockstream has announced that it will spin out its mining and ASIC divisions, establishing them as independent companies as part […]
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Bitcoin.com broke the news in on Thursday, May 1, 2025.
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