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.
![Swan Bitcoin delays IPO plan, announces shutdown of mining unit](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDcvM2JkNWM1MGYtNjBlOC00MGM2LWFjYWItMzZhMzNkOGQzNTVmLmpwZw==.jpg?#)
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.
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