Block Greena Swiss-based Bitcoin liquidity protocol, and Merkel standardThe US Bitcoin mining company, Inc., has announced a partnership that will allow Merkle Standard to use the Block Green platform to hedge future revenue risks and access immediate liquidity at “transparent and favorable rates.”
according to press releaseBy facilitating mining reward flow agreements and using Bitcoin script and custodian solutions, the platform opens up opportunities for Bitcoin holders and miners, redefining the funding landscape and empowering participants with new avenues in the marketplace.
The capabilities of the Block Green platform allow mining operators to sell exposure to their future revenue at a discount, while effectively meeting their liquidity needs. In addition, BTC holders can take advantage of the platform, and enjoy an attractive original return of BTC.
As part of the partnership, Merkle Standard plans to sell exposure to 100 PH/s hashs over a 30-day period, acquiring 7.5 BTC in instant liquidity. Luxor Technologies, a mining software and services company, is among the key partners that have operated this trade.
Sebastien Hess, CEO at Block Green, expressed his excitement about the partnership, saying, “Our platform enables bitcoin miners to unlock and access future liquidity and hedge return risk, generating capital combined with risk mitigation for complex mining operations.”
Merkle Standard’s Head of Research, Holden Guillies, shared the enthusiasm, stressing the innovative nature of the collaboration, saying: “This innovative financial product offers us a new way to manage risk by hedging mining difficulty while getting liquidity upfront. We believe that partnership provides an essential tool To plan, operate and execute effectively in the fast-moving Bitcoin mining industry.”