These investments were made in mining equipment and strategic investments in Core Scientific, Rhodium Enterprises and Luxor Technologies.
United States, June 4, 2021 /AlexaBlockchain/ – Celsius, the leading global cryptocurrency yield-earning platform, has made new investments to the tune of over $200 million in Bitcoin mining in North America.
These investments were made in mining equipment and strategic investment in Core Scientific, a leader in customizable infrastructure and software solutions for Blockchain networks; Rhodium Enterprises, a leading mining company in Texas; and Luxor Technologies, a hashrate based software company.
These investments serve to scale Celsius’ existing interests to make it one of the largest U.S. investors in the Bitcoin mining industry.
Alex Mashinksy, CEO of Celsius, said:
“Celsius recognizes that Bitcoin, as the flagship cryptocurrency, still sets the course for the crypto industry at large. As such, we have considered it a company priority to help vitalize Bitcoin mining in North America through renewable resources. We have invested in the companies that are leaders in this, and we are proud to be partners in this important endeavor.”