Swan Bitcoin's Mining Arm to Expand Operations, Company Plans to Go Public
Having mined over 750 bitcoins since summer 2023, Swan Bitcoin aims to increase its mining power by 44% by March and is eyeing a public listing within the year.
- Swan Bitcoin has been operating a mining arm since the summer of 2023, which has already mined over 750 bitcoins.
- The company's mining operation is led by Rapha Zagury, an alumnus of Deutsche Bank and Merrill Lynch.
- Swan Bitcoin's mining unit expects to raise its computing power by 44% by March.
- The company intends to raise more capital to expand its operations.
- Swan Bitcoin is planning to go public within the next 12 months.