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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.
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