Leverage historically-low ASIC prices
The Blockstream ASIC (BASIC) Note provides investors with an opportunity to capitalize on undervalued Bitcoin mining assets.
BASIC: At a Glance
What
The BASIC Note is a bitcoin basis vehicle, aiming to generate a bitcoin-on-bitcoin return by capitalizing on the potential upside of Bitcoin mining equipment (ASIC) market prices.
Why
Bitcoin and ASIC prices have historically been strongly correlated. We anticipate ASIC market prices to appreciate due to the upcoming Bitcoin halving and supply-demand dynamics.
How
Utilize Blockstream’s unique market positioning, presence, and track record to raise capital, purchase and warehouse unused ASICs, and sell them back into the market when prices rebound.
Why BASIC?
Optimal timing
An attractive market opportunity given current low ASIC miner prices before Bitcoin’s next halving.
Diversification
A complement to existing Bitcoin investments and provides investors with access to hard assets.
Blockstream expertise
Building world-class infrastructure and offering the BMN has given us a wealth of knowledge to draw on.
Investor protection
An EU-compliant digital security with clearly defined issuer obligations, investor rights, and oversight.
Since our founding in 2014, Blockstream has continuously been a leader in Bitcoin mining, from providing world-class mining infrastructure to delivering innovative investment vehicles like the BMN. BASIC, our latest venture, builds on this foundation and leverages Blockstream’s seasoned expertise and strong industry relationships. It arrives at an opportune time in the market, presenting a unique and carefully timed investment opportunity for any Bitcoin-focused portfolio.
Dr. Adam Back
CEO, Blockstream
The information above has been prepared solely for informational purposes only. It is not an offer to buy or sell or a solicitation of an offer to buy or sell any securities. Full terms and conditions are available on STOKR.