Blockstream, a major Bitcoin infrastructure company, has raised $210 million through a convertible note financing round. The funding, led by Fulgur Ventures, will be used to accelerate its layer-2 scaling solutions, such as the Liquid Network, and to expand its Bitcoin mining operations ahead of the next Bitcoin market cycle. The investment will also bolster Blockstream’s position as one of the largest holders of Bitcoin. Additionally, the company announced the appointment of Michael Minkevich as COO to guide its next growth phase. This follows Blockstream’s ongoing efforts to integrate Bitcoin into global financial systems.