Crypto Lender Celsius Network Invests $300M in North American Bitcoin Mining Operations : Report

Crypto Lender Celsius Network Invests 0M in North American Bitcoin Mining Operations : Report
Cryptocurrency lender Celsius Network has further invested $300 million for its bitcoin mining operations in North America, taking the total investment this year to $500 million, according to a report from The Block.The $300 million comes after Celsius invested $200 million earlier this year in bitcoin mining equipment and equity of bitcoin mining firms Core Scientific, Rhodium Enterprises and mining pool Luxor Technologies, according to the report.“These are commitments for this year and next year — so we will be adding [mining] capacity all the time until the end of next year,” CEO Alex Mashinsky said.The investment was made to…