“This fundraise permits us to speed up the [year-over-year] income progress we created with our 2021 Collection B and proceed to construct infrastructure for the long run Bitcoin economic system,” stated Blockstream President and Chief Monetary Officer Erik Svenson. “We stay centered on decreasing threat for institutional bitcoin miners and enabling enterprise customers to construct high-value use instances on probably the most safe, sturdy and scalable blockchain on the planet – Bitcoin,” he added.