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Celsius Lays Out Mining-Focused Reorganization Plan at First Bankruptcy Hearing

The first day hearing revealed Celsius is betting big on its also-indebted mining operation to help fill the $1.2 billion hole in the company’s balance sheet.

Updated May 11, 2023, 6:32 p.m. Published Jul 19, 2022, 1:50 a.m.
Consensus 2019 Alex Mashinsky founder and CEO Celsius Network (CoinDesk)
Consensus 2019 Alex Mashinsky founder and CEO Celsius Network (CoinDesk)