#BlockstreamASIC announces the completion of its first financing round by raising $5 million, and is preparing to purchase new ASIC mining devices.

_Blockstream, the leading company in the field of technical infrastructure for #Bitcoin (BTC), announced the completion of its first financing rounds to finance the purchase of application-specific integrated circuit (ASIC) mining devices and the launch of #Blockstream’s.Basic.Note investment product, after obtaining huge funding of $ $5.07 million.

It is noteworthy that a large portion of the funding was allocated to purchase ASIC devices designated for mining, as the company reported that it had allocated $4.87 million to purchase new #Antminer.S19k Pro ASIC mining devices, while the remaining amount was allocated to cover other operational costs, as the price offered for the purchase was secured and will be This process is facilitated by Blockstream's partnership with SunnySide Digital.

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