7/23, 9:30 PM (Source: TeleTrader)
more TeleTrader news

Crypto lender Celsius invests $54M in carbon-neutral US miner

Cryptocurrency yield-earning platform Celsius unveiled on Friday it will invest $54 million in Core Scientific, Inc., a United States-based crypto mining operator which boasts its carbon-neutral approach to mining.

Core Scientific confirmed earlier this week that it will go public through a $4.3 billion merger with the special purpose acquisition company (SPAC) Power & Digital Infrastructure Acquisition Corp.

"Exceptional companies like Core Scientific are leading the industry in carbon-neutral mining, setting the standard for energy efficiency in mining around the globe," Celsius CEO Alex Mashinsky commented.

Breaking the News / BU