Blockstream is proud to announce that the third tranche of the Blockstream Mining Note Series 1 (BMN1) will be available to investors on STOKR, Friday, September 17th, 2021 (10.00 AM CET).
Tranche three will total €4.7M (~ $5.5M USD) and each BMN1 will be offered at €240,000 (~ $280,000 USD).
Tranche three will be fungible with previous BMN1 tranches and will bring the total issuance of BMNs to €11.3M (~ $13.3M USD).
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 hashrate mined at our enterprise-grade mining facilities.
Since the launch of the first BMN1 tranche on April 7, 2021, the BMN has raised a total of €6.6M ($7.8M) with just over 33 BMN1 issued to a diverse range of corporate and individual investors.
In the 70 days since mining began, each BMN has averaged 0.0171 BTC per day for a total of 1.2 BTC. Mining progress can be tracked here.
Coming soon to Bitfinex Securities
We’re very excited to see the launch of Bitfinex Securities Ltd, a regulated security token (STO) exchange, and are pleased to report that the Blockstream Mining Note (BMN) is on track to list on Bitfinex Securities mid Q421, making it one of the first assets listed on this new platform.
Get Familiar With The Third Tranche on STOKR
The BMN is available to non-US, qualified investors. To learn more about the third tranche, please visit STOKR.