Blockstream Closes $16 Million BMN Tranche, Brings Total to $36 Million
Blockstream Finance

Blockstream Closes $16 Million BMN Tranche, Brings Total to $36 Million

Jesse Knutson

We are excited to announce the successful completion of tranche six of the Blockstream Mining Notes.

Tranche six was the largest tranche issued to date at €13.9 million ($16.1 million) and drew interest from a wide range of individual and institutional investors. The completion of tranche six brings the total number of BMN1 issued to more than 122, the total number of investors to just shy of 70, and the total raised to €30.9 million (~ $36 million).

For more information on Blockstream Mining Notes, please contact

The Blockstream Mining Note

The BMN provides qualifying investors exposure to Bitcoin mining through a security token issued on the Liquid Network. Each BMN1 entitles investors to up to 2,000 TH/s of Bitcoin mined at our enterprise-grade mining facilities.

In the 107 days since mining began, each BMN has averaged 0.01561 BTC per day for a total of 1.67 BTC. Mining progress can be tracked here.

Coming Soon to Bitfinex Securities

We are also excited to see the launch of Bitfinex Securities Ltd, a regulated new security token (STO) exchange, and are pleased to report that the BMN is on track to list on Bitfinex Securities mid-Q4 2021, making it one of the first assets listed on the platform. The Bitfinex tranche and listing are moving along and we look forward to executing this tranche in the coming weeks.

Get Ready for Future Tranches on STOKR

The BMN is available to non-US, qualifying investors. To learn more about future tranches, please visit STOKR.

In order to participate in the primary issuances via STOKR, investors must first complete the KYC process on their site. After completion, please reach out to us on the Blockstream Finance Telegram, and we can ensure you have been successfully added to the BMN1 whitelist.

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