Entering Bankruptcy Process, Celsius Shared Its Future Plans

Celsius, which has entered the bankruptcy process and will be heard in court today, announced its future plans.

The presentation prepared by Celsius included information about both the current situation of the company and the steps it plans to take in the future.

Celsius has a total of $600 million in CEL tokens. $4.3 billion worth of assets. The company’s $5.5 billion its liabilities in the balance sheet 1.2 billion dollars It leaves an opening.

Celsius, a lending platform, has a subsidiary of cryptocurrency mining. Celsius management is responsible for this subsidiary’s further development. that it can grow its balance sheet by using the bitcoins it produces and mining operations that you can fund is thinking.

Among Celsius’s future plans, “Selling assets and evaluating investment opportunities by third parties” There is also. Celsius management aims to raise capital in this way.

The company also plans to offer users whose money remains on the platform the option to receive cash or cryptocurrency repayments.

Today’s hearing of Celsius, who has filed for bankruptcy, is expected to begin at 21:00 Turkish time.

source site-9