Celsius Network Invest $200 Million In Bitcoin Mining Companies

Published on: 05.06.2021

Leading yield earning and lending platform Celsius Network has invested over $200 Million in mining eqipments and positions in bitcoin mining companies.

Celsius has put investments in Core Scientific, Rhodium Enterprises and Luxor Technologies in order to help utilize the potential of bitcoin mining through renewable resources.

These three companies will help Celsius become one of the largest US investor in the bitcoin mining industry.

It is  worth noting that Celsius Network hold 107,900 BTC and accounts for 25% of the total community assets under management.

Pushing for renewable energy sources and striving to vitalize bitcoin mining in North America is a good indication that bitcoin is not all bad for the environment and economy.

#SmartCrypto

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