Blockstream Launches BMN2, Third Issue of Securities Token Offering Exposure to Bitcoin Mining

Bitcoin infrastructure developer Blockstream has launched the third installment of its security token, Blockstream Mining Note 2 (BMN2).BMN2 is a European Union-compliant security token available only to eligible non-U.S. investors. Each holder of a BMN2 security token is entitled to receive bitcoins generated by Blockstream's 1 PH/s mining hash rate. The first two rounds of the BMN2 notes raised approximately $7 million. The third round will be priced at $31,000 and the sale will last for three weeks. blockstream aims to raise $10 million in the latest round.