Celsius Confirms $ 54 Million Investment in Carbon Neutral Bitcoin Mining Leader Core Scientific | New

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HOBOKEN, NJ, July 23, 2021 / PRNewswire / – Celsius, the world’s leading cryptocurrency yield platform, confirms a $ 54 million investment in carbon neutral Bitcoin mining leader Core Scientific, the leader in high performance, 100% net carbon. neutral infrastructure and software solutions powering the world’s leading blockchain companies. Core yesterday announced plans to go public through a $ 4.3 billion merger with XPDI.

“Outstanding companies like Core Scientific are at the forefront of the carbon neutral mining industry, setting the standard for energy efficiency in mining around the world,” said Alex Mashinsky, CEO of Celsius. “We are delighted to be investment partners and are delighted to see the successes they have achieved this year, and we look forward to working together to grow our joint venture in the future. “

This investment is part of a spend of over $ 200 million in Bitcoin mining in North America, positioning Celsius as one of America’s largest investors in the Bitcoin mining industry.

About Celsius

Celsius helps hundreds of thousands of consumers around the world find the path to financial independence through a compound return service and low cost instant loans accessible via web and mobile app. Founded on the belief that financial services should only do what is in the best interests of customers and the community, Celsius is a free blockchain-based platform where membership provides access to organized financial services that are not available through traditional financial institutions. For more information, please visit www.celsius.network.

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SOURCE Celsius Network

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