Bankruptcy Judge Approves Celsius to Sell Bitmain Discount Coupons Worth Over $7M

According to CoinDesk, bankruptcy judge Martin Glenn approved Celsius to sell more than $7 million worth of Bitmain discount coupons. These assets provide a 10%-30% discount on the purchase of Bitmain for a limited time and can be sold to any bona fide third party. , subject to the consent of a committee representing Celsius unsecured creditors. Glenn’s order did not include a request to sell Bitmain credits, which are generated when mining equipment is prepaid, which Celsius estimates could raise a further $7 million.