Blockstream Is Betting on Bitcoin Comeback as It Hoards Crypto Mining Rigs

Blockstream Is Betting on Bitcoin Comeback as It Hoards Crypto Mining Rigs

Bitcoin developer Blockstream Corp. is betting that the world’s most valuable cryptocurrency is poised for a massive rebound, and is buying up Bitcoin mining rigs so that it can sell them for a profit later should the prediction hold. Montreal-based Blockstream was one of the earliest Bitcoin infrastructure companies, conceived in 2014 by CEO and … Read more