Was reading Global blockchains investor dock and found this.• Streaming agreement to receive an upfront payment of US$10M from CoinStream Corp in exchange for 2,500 bitcoins per year for 5 years at US$1,000 per coin and security against equipment.
So they own 49% of coin stream but have to give them the equivalent of 12.5 million dollars of bitcoin during the next 5 years of operation which at current prices works out to 172 million dollars worth of bitcoin. Sorry? What?