Blockstream Mining Announces Strategic Focus on Proprietary Mining and Vertical Integration



Na -back by $ 350 million In Financing, company scales have infrastructure with more than 120,000 miners obtained since spinout
Montreal, April 30, 2025 ) The company, which has been a foundational player in the Bitcoin's global mining ecosystem since its beginning, will focus on expanding self -self -esteem while building the energy infrastructure needed to support long -term scalability and elastic.
Following its rotation from the blockstream earlier this year, the blockstream mining is that -Secure $ 350 million In financing, including equity, debt, and tokenized sales sales. Increasing capital enables rapid implementation of major infrastructure initiatives, including taking over 120,000 miners to burn the next stage of the company's growth.
“Bitcoin mining is no longer about machines and megawatt -about owner and optimizing the entire amount of value,” said Chris CookCEO of Blockstream Mining. “As the industry progresses, those who control their own energy and infrastructure are best positioned to develop. We have doubled our mission to be one of the most efficient, uprights with the world's mining operations.”
Blockstream mining puts capital towards developing new assets of energy generation-especially the changing and hybrid power systems-to reduce hope to third-party providers and shield operations from volatility of energy market. This method supports cost stability, improves environmental performance, and ensures maximum time throughout the expanding armada.
Included in Vertical Integration Roadmap:
- Expanding mining -owner: Rapidly growing in self -capacity to self – North America.
- Owner -owned infrastructure: Continued investment in the power infrastructure and generation of energy on the site to maintain control over critical operational inputs.
- Operational efficiency: Leveraging blockstream's engineering legacy and technical depth to drive efficiency throughout expansion, cooling, and energy management.
Chris Cookwho launched Blockstream Mining and led the business since its beginning, serves as the CEO of the new independent company. D. Adam returned. In this capacity, Dr. Back of high levels of technology guidance, infrastructure development, and capital approach, which helps to ensure that blockstream mining remains ahead of bitcoin mining change.
As part of the spinout, the Blockstream satellite program – which is a Bitcoin blockchain broadcast worldwide through satellite to enhance the stability and accessibility of the network – also moves under the management of the new entity. Blockstream satellite is an integral part of blockstream mining operations, which provides a connection for mining sites to secluded locations where the traditional Internet infrastructure is not reliable or unavailable, further strengthening the company's security company, time, and decentralization.
Blockstream mining is always about delivering a safe, measured Bitcoin infrastructure, “Dr. Adam returned. “Through this move, Chris and the team are well placed to carry out the vision-talking to freedom, deep technical expertise, and a solid promise to Bitcoin's long-term success. I hope to cooperate this next chapter to come up with something that truly ends.”
“We are proud of our roots and are more excited about what's next,” Cook added. “With strong capital support, clear focus, and full control over our operations, we build the backbone of Bitcoin's future – a megawatt at the same time.”
For media questions or more information, please contact:
press@mining.blockstream.com

