{"id":61550,"date":"2022-05-16T18:04:30","date_gmt":"2022-05-16T15:04:30","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61550"},"modified":"2025-09-05T12:50:06","modified_gmt":"2025-09-05T09:50:06","slug":"celsius-mining-files-for-ipo","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/celsius-mining-files-for-ipo\/","title":{"rendered":"Celsius Mining Files for IPO"},"content":{"rendered":"<p>Mining company Celsius Mining, a subsidiary of the crypto-lending platform Celsius Network, in a confidential manner <a href=\"https:\/\/www.prnewswire.com\/news-releases\/celsius-network-announces-confidential-submission-of-draft-registration-statement-by-bitcoin-mining-subsidiary-celsius-mining-llc-301547547.html\">\u043d\u0430\u043f\u0440\u0430\u0432\u0438\u043b\u0430<\/a> a Form S-1 filing with the U.S. Securities and Exchange Commission (SEC) for an <span data-descr=\"initial public offering\" class=\"old_tooltip\">IPO<\/span>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;It is expected that the registration statement will become effective after the SEC completes its review, depending on market and other conditions,&#8221; the press release said.<\/p>\n<\/blockquote>\n<p>The terms of the offering were not disclosed.<\/p>\n<p>In June 2021, the crypto-lending platform announced an investment of more than <a href=\"https:\/\/u1f987.com\/en\/news\/celsius-network-invested-more-than-200-million-in-bitcoin-mining\">$200 million<\/a> in Bitcoin mining in North America. In November, Celsius Network CEO Alex Mashinsky said that an additional <a href=\"https:\/\/u1f987.com\/en\/news\/celsius-network-to-earmark-an-additional-300-million-for-bitcoin-mining\">$300 million<\/a> would be allocated for these purposes.<\/p>\n<p>Earlier, the company <a href=\"https:\/\/u1f987.com\/en\/news\/celsius-network-raises-400-million-amid-regulatory-scrutiny\">raised $400 million<\/a> at a $3 billion valuation after regulator complaints. The authorities of the states <a href=\"https:\/\/u1f987.com\/en\/news\/texas-and-new-jersey-regulators-accuse-celsius-network-of-selling-unregistered-securities\">Texas, New Jersey<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/alabama-regulator-joins-accusations-against-celsius-network\">Alabama<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/kentucky-regulator-accuses-celsius-network-of-securities-law-violations\">Kentucky<\/a> alleged the sale of unregistered securities.<\/p>\n<p>In May 2022, media reported that Celsius withdrew roughly <a href=\"https:\/\/u1f987.com\/en\/news\/media-celsius-pulled-about-500-million-from-anchor-protocol-amid-the-ust-crash\">$500 million<\/a> from the Anchor protocol amid the collapse of the algorithmic stablecoin UST.<\/p>\n<p>In April, shares of mining companies <a href=\"https:\/\/u1f987.com\/en\/news\/crypto-sector-shares-fell-more-steeply-than-bitcoin-in-april\">fell<\/a> significantly more than Bitcoin, according to ForkLog&#8217;s report.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mining company Celsius Mining, a subsidiary of the Celsius Network crypto-lending platform, has confidentially filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) for an IPO.<\/p>\n","protected":false},"author":1,"featured_media":61551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1348,1137],"class_list":["post-61550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-celsius-network","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=61550"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61550\/revisions"}],"predecessor-version":[{"id":61552,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61550\/revisions\/61552"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/61551"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=61550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=61550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=61550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}