Celsius has received offers from 30 buyers for its retail platform and mining operations, and will announce whether to sell in mid-January

According to Bloomberg, a report filed in court by the encrypted lending platform Celsius Network, which has filed for bankruptcy, shows that the company has received multiple offers to acquire its retail platform and mining business, but did not disclose the terms of the acquisition. Attorneys for Celsius told U.S. Bankruptcy Judge Martin Glenn at the hearing that potential buyers included 30 parties. Advisors to Celsius have yet to decide whether to sell the cryptocurrency lender as a whole, split it up, or pursue a different restructuring plan. Celsius intends to work with potential buyers in the coming weeks to refine existing offers and announce in mid-January whether it will sell, company lawyer Chris Koenig said. Celsius interim CEO Chris Ferraro told the hearing that the Celsius mining operation has generated positive operating cash flow every month this year. The company will continue to expand its mining business.