US Bitcoin Corp selected to manage restructured mining division of Celsius Network LLC
MIAMI–()–US Data Mining Group Inc. dba US Bitcoin Corp (“USBTC”), which announced an all-stock merger of equals with Hut 8 Mining Corp. (NASDAQ: HUT) on February 7, 2023, today announced that it has been selected after multiple rounds of bidding in a competitive auction process to manage the restructured mining division of Celsius Network LLC (“Celsius”), which filed for Chapter 11 bankruptcy protection in July 2022.