Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining...

Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit

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Source: Coindesk.com

Bitcoin financial services firm Swan Bitcoin pulled its plan to take the company public, discontinued its managed mining unit and cut staff across several units.

Swan CEO Cory Klippsten said in a social media post that the company will still offer bitcoin (BTC) financial services and free bitcoin education. "Without the expectation of significant near-term revenue from

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Source: Coindesk.com

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