Swan Bitcoin halts IPO plans and shuts down mining operations

Swan Bitcoin delays IPO plans due to shutdown of its mining operations. CEO cites reduced revenue from mining as reason for halting IPO efforts. Mining sector faces challenges, with firms like Bitfarms and Northern Data adapting. Swan Bitcoin, a financial services firm specializing in Bitcoin investments, has announced a significant strategic shift. Cory Klippsten, the […] source: https://coinjournal.net/news/swan-bitcoin-halts-ipo-plans-and-shuts-down-mining-operations/