Celsius announces plans for an IPO of its bitcoin mining subsidiary

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ICYMI: Celsius announces plans for an IPO of its bitcoin mining subsidiary

that Celsius Mining had signed co-hosting deal with bitcoin miner Mawson Infrastructure, which trades publicly on the Nasdaq.

elsius's expansion into mining came at a time when the firm was coming under mounting regulatory pressure over its consumer-facing products — and thad over half a billion dollarsTerra’s Anchor Protocol had offered yields of up to 20% to depositors, before the Terra ecosystem was thrown into disarray last week when its© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only.

 

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Sounds like they need a cash infusion

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