Odaily Planet Daily News: Adam Back, CEO of crypto infrastructure company Blockstream, said that Blockstream performed strongly in 2022, with revenue increasing threefold from 2021. By 2023, demand for hosting will be strong, and the market will return to a bull market. In the first three weeks of 2023 alone, Bitcoin rose 40%. Earlier, Blockstream announced the completion of $125 million in convertible notes and secured loan financing to expand its institutional Bitcoin mining hosting services. Kingsway Capital led the issuance of convertible bonds, and other investors included Fulgur Ventures. Blockstream completed a $210 million Series B financing in August 2021 at a valuation of $3.2 billion, and said it would use all funds raised to expand its mining facilities to meet strong demand for large-scale hosting services.