Celsius Abandons Staking, Welcomes Bitcoin Mining Solely

Celsius Retains Assets, Alters Reorganisation Strategy

Celsius, crypto lender shifts focus by abandoning plans for staking to concentrate solely on Bitcoin Mining following SEC feedback. The court-approved reorganisation plan, initially including staking, faced SEC inquiry over asset details.

Celsius currently plans to register shares for a new publicly traded Bitcoin mining company. While certain assets are retained for regulatory compliance.

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