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Swan Bitcoin delays IPO plan, announces shutdown of mining unit

July 22, 2024 by DIGIT
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The CEO said that, without revenue from the mining arm, the company expected to halt its plans for a public offering and announced staff cuts.

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Categories Bitcoin, Bitcoin Mining, business, IPO, mining, Swan Bitcoin
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  • bitcoinBitcoin(BTC)$97,304.00-0.20%
  • ethereumEthereum(ETH)$3,366.30-3.10%
  • tetherTether(USDT)$1.00-0.08%
  • rippleXRP(XRP)$2.25-1.47%
  • binancecoinBNB(BNB)$666.30-2.55%
  • solanaSolana(SOL)$183.10-6.58%
  • dogecoinDogecoin(DOGE)$0.321486-2.11%
  • usd-coinUSDC(USDC)$1.000.03%
  • staked-etherLido Staked Ether(STETH)$3,359.46-2.97%
  • cardanoCardano(ADA)$0.90-4.53%