Bluesky Reveals Massive Hidden Investment

Today revealed that in April 2025 they received a whopping $100M venture capital investment lead by Bain Capital Crypto and that they KEPT IT A SECRET.

https://bsky.social/about/blog/03-19-2026-series-b

So the answer to the big mystery Who Owns Bluesky? (@mastodonmigration@mastodon.online) is finally out. Crypto VCs.

Now, we should be asking why did this company that prides itself on transparency and "decentralization" decide they needed to hide who owned the company?