---
title: "Swan Bitcoin delays IPO plan, announces shutdown of mining unit"
url: https://diffcoin.com/swan-bitcoin-delays-ipo-plan-announces-shutdown-of-mining-unit/
description: "The CEO said that, without revenue from the mining arm, the company expected to halt its plans for a public offering and announced staff cuts. Source link"
published: 2024-07-22
updated: 2024-07-22
author: "Mila"
site: "Diffcoin"
---

# Swan Bitcoin delays IPO plan, announces shutdown of mining unit

The CEO said that, without revenue from the mining arm, the company expected to halt its plans for a public offering and announced staff cuts.

[Source link](https://cointelegraph.com/news/swan-bitcoin-shutdown-mining-ipo-plans?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)