Banshee Ironwail

Does the blood burning from Banshee Ironwail constitute "using" the weapon?

Banshee Ironwail
[Anarchs:R, Third:R]
Cardtype: Equipment
Cost: 2 pool
Unique melee weapon. Cold iron.
Strength+2 damage each strike. Bearer gets -1 stealth on each action. If bearer blocks an action, the acting minion burns 1 blood or life (before combat begins, if any).
Artist: Richard Thomas