US Mining

Blockstream Launches BMN2 Series 3: A New Bitcoin Mining Investment for Non-U.S. Investors

On September 5, 2024, Blockstream unveiled Series 3 of its Blockstream Mining Note 2 (BMN2), providing non-U.S. investors with a new opportunity to tap into Bitcoin mining. This EU-compliant security token offers exposure to the hash rate of Blockstream’s North American mining facilities. Each BMN2 token grants access to 1 petahash per second (PH/s) of Bitcoin mining power, allowing holders to receive a share of the Bitcoin mined by the company.

Building on the success of the BMN1 series, which delivered a 32% Bitcoin return over three years, BMN2 is positioned as a strategic investment, especially with the upcoming Bitcoin halving. In addition to offering a lower hash price compared to other mining contracts, BMN2 sources 80% of its mining power from carbon-neutral energy, making it an attractive option for environmentally conscious investors looking to benefit from Bitcoin mining.