Blockstream Spins Off Mining & ASIC Divisions in Major Restructuring Play
Bitcoin infrastructure giant Blockstream makes bold move to streamline operations—just as mining profitability tanks 40% year-over-year. Classic ’strategic pivot’ timing.
The spin-off creates two new entities: Blockstream Mining (focused on industrial-scale operations) and Blockstream ASIC (chip design division). CEO Adam Back calls it ’natural evolution’ for scaling Bitcoin’s infrastructure.
Market watchers note the restructure conveniently precedes Q3 earnings, where mining revenues were expected to miss targets by 25%. The new corporate structure lets Blockstream report these segments separately—a favorite accounting trick of struggling tech firms.
How Trump’s Tariffs Are Affecting China’s E-Commerce Growth and Global Sales
Chinese Exporters Seeking Solutions
Multiple Chinese exporters met at Alibaba’s headquarters in Hangzhou to seek survival methods during Trump’s imposition of tariffs on China e-commerce exports. An entire conference hall was filled with frightened business owners who strived to secure answers to their problems.
Wang Shan, a digital marketing executive, stated:
Passing Costs to Consumers
Many sellers are planning to transfer the tariff burden directly to American buyers. The tariffs’ impact on e-commerce has been fairly immediate, with China’s online sales expected to drop by approximately 20% in the coming months.
Qiu Leisi, an entrepreneur planning to sell plus-size clothing to US retailers, said:
Diversifying Beyond US Markets
Chinese exporters rapidly pursue new markets to replace lost business since the United States President has maintained his tariffs on China e-commerce exporters through problematic commercial structures. The government provides industries with three types of support through legal aid programs combined with tax exemptions and specialized university educational initiatives for business adaptation.
Wang Shan told conference attendees:
Small Businesses Adapting
International trade tariffs have forced smaller operations to make some very difficult choices. Some are currently pivoting to European markets while others are focusing on personalized products that might, they hope, justify premium prices despite the extra costs.
Shawn Zhao, whose company helps foreign businesses source Chinese products, explained:
Some entrepreneurs note that domestic market saturation makes international sales essentially essential despite the challenges from Trump’s tariffs on China e-commerce exporters.
Fu Sicong, who runs an online shop selling car decorations, stated:
Multiple retailers insist on continuing their efforts to find success despite the loss of their American market. Li Tongzi expressed his perspective while operating his bracelet and fortune-telling accessory business:
