Cryptocurrency Q&A
Why did Celsius invest in cryptocurrencies?
Why did Celsius invest in cryptocurrencies?
Luca
Sat Jan 25 2025
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7
answers
1975
I heard that Celsius has invested in cryptocurrencies. I'm curious about their motivation behind this decision. Why would a company like Celsius choose to invest in this emerging asset class? What are the potential benefits they are seeking?
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DiamondStorm
Mon Jan 27 2025
The company accepted cryptocurrency deposits from its clients.
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ZenMind
Mon Jan 27 2025
These deposits were either invested or lent out by the company.
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KpopHarmony
Mon Jan 27 2025
The primary purpose of these investments and loans was to generate funds.
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Claudio
Mon Jan 27 2025
These funds were then used to pay interest to the customers who had deposited their cryptocurrencies.
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Valentino
Sun Jan 26 2025
The company attracted customers with promises of high-interest rates.
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