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TheBlock 2019-10-09 11:11:14

Blockstack 2Q19 update: Estimated runway until “end of 2021 or more” seems unlikely given rapidly growing expenses

Following the completion of Blockstack’s Reg A+ and Reg S offerings, the company recently released its financials for 1H19. Notably, core operating expenses grew by 40% from 2H18 as the company adds new personnel and increases marketing spend.The post Blockstack 2Q19 update: Estimated runway until “end of 2021 or more” seems unlikely given rapidly growing expenses appeared first on The Block.

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