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Blockstream Launches Third Round of BMN2 Tokens with Bitcoin Hash Rate Exposure

Sep 5, 2024
  1. Key Features of BMN2 Tokens
  2. Pricing and Investment Opportunity
  3. Conclusion

Blockstream, a blockchain technology leader, has launched the third round of its Blockstream Mining Note 2 (BMN2) tokens, allowing investors to gain direct exposure to Bitcoin’s hash rate.

Key Features of BMN2 Tokens

Each BMN2 token entitles holders to the Bitcoin mined from 1 petahash per second (PH/s) of mining power. This gives investors a unique opportunity to benefit from Bitcoin mining without managing the infrastructure themselves. The investment horizon is 48 months, allowing holders to capitalize on Bitcoin’s hash rate performance during this time. The offering is available exclusively to non-U.S. investors, ensuring compliance with EU regulations while giving global investors an opportunity to engage with Bitcoin mining.

Pricing and Investment Opportunity

Each BMN2 token is priced at $31,000, and Blockstream aims to raise $10 million during this third round of token issuance. The offering will be open for three weeks, giving investors a limited window to participate. Blockstream’s goal for this round is to raise $10 million by offering these tokens, demonstrating the growing demand for exposure to Bitcoin mining without the technical and operational barriers of setting up mining infrastructure.

Conclusion

The Blockstream BMN2 tokens Bitcoin hash rate launch offers a unique opportunity for investors to gain direct exposure to Bitcoin mining over a 48-month period. Priced at $31,000 per token, each BMN2 token represents 1 PH/s of mining power, providing an accessible way for non-U.S. investors to benefit from Bitcoin’s hash rate growth. With a target of raising $10 million, Blockstream continues to expand its innovative offerings in the blockchain space.

The third round of Blockstream’s BMN2 tokens provides investors with a unique opportunity to participate in Bitcoin hash rate exposure and long-term investment over 48 months.

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