Bankruptcy filing: Celsius says it expects ~$70M of "proceeds from the repayment of USD denominated loans", which could help it operate through the end of 2022 (Krisztian Sandor/CoinDesk)
Krisztian Sandor / CoinDesk: Bankruptcy filing: Celsius says it expects ~$70M of “proceeds from the repayment of USD denominated loans”, which could help it operate through the end of 2022 — The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender.
Krisztian Sandor / CoinDesk:
Bankruptcy filing: Celsius says it expects ~$70M of “proceeds from the repayment of USD denominated loans”, which could help it operate through the end of 2022 — The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender.