BitcoinWorld

Latest News

Blockstream Launches Third Round of BMN2 Tokens, Offering Exposure to Bitcoin Hash Rate

Blockstream

Blockstream BMN2 tokens Bitcoin hash rate exposure is once again available as Blockstream, a blockchain technology leader, launches the third round of its Blockstream Mining Note 2 (BMN2) tokens. According to Coindesk, the EU-compliant security token allows investors to gain direct exposure to Bitcoin’s hash rate over a 48-month period.

Key Features of BMN2 Tokens

  • Exposure to Bitcoin Hash Rate: 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.
  • 48-Month Investment Horizon: The BMN2 token offers exposure over a period of 48 months, allowing holders to capitalize on Bitcoin’s hash rate performance during this time.
  • Non-U.S. Investor Access: 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.

  • Raising $10 Million: 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.

To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news, where we delve into the most promising ventures and their potential to disrupt traditional industries.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.