The report from Bloomberg, citing “a person familiar with his deal-making,” said it’s unclear which of the U.S. crypto billionaire’s companies is considering the bid and whether it would be for some or all of the bankrupt crypto lender’s assets. Celsius owns Bitcoin mining operations and a business for storing and securing cryptocurrency. (Bloomberg)
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The report from Bloomberg, citing “a person familiar with his deal-making,” said it’s unclear which of the U.S. crypto billionaire’s companies is considering the bid and whether it would be for some or all of the bankrupt crypto lender’s assets. Celsius owns Bitcoin mining operations and a business for storing and securing cryptocurrency. (Bloomberg)
Talking point: The deals, or rumours of deals, just keep flowing for Bankman-Fried, who has been bailing out struggling crypto firms amid a crash in asset values. Just two days ago, his cryptocurrency-trading platform FTX won an auction to acquire the assets of bankrupt Toronto Stock Exchange-listed crypto lender Voyager Digital. Celsius is another company with Canadian ties—the Caisse de dépôt et placement du Québec and fellow investor Westcap are seeking representation in its bankruptcy proceedings. FTX counts the Ontario Teachers’ Pension Plan as an investor.
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