Cryptocurrency Q&A Is Celsius in debt?

Is Celsius in debt?

HanbokGlamourQueenElegance HanbokGlamourQueenElegance Sun Dec 08 2024 | 6 answers 1563
I heard some rumors about Celsius's financial situation and I'm wondering if they are true. Is Celsius currently in debt? I would like to know the facts before making any decisions related to them. Is Celsius in debt?

6 answers

Bianca Bianca Tue Dec 10 2024
Celsius currently owes its users a substantial amount of money, approximately $4.7 billion.

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Federico Federico Tue Dec 10 2024
This figure represents a significant financial burden for the company, as it lacks the necessary funds to repay its users.

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SamuraiBrave SamuraiBrave Tue Dec 10 2024
The situation has led to concerns among the Celsius user community, who are worried about their investments.

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Valentina Valentina Mon Dec 09 2024
In an attempt to address the financial crisis, Celsius made an announcement on December 2, 2021.

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SejongWisdomKeeperElite SejongWisdomKeeperElite Mon Dec 09 2024
The company revealed plans to sell GK8, a digital asset custody platform, to Galaxy Digital Holdings.

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