🎙️ We’re joining KuCoin on an X Space on Tuesday, June 17th, 10 AM UTC.
We’ll cover the listing, the rewards, and how this expands the GoMining ecosystem.
Follow us on X, and keep your eyes out for when we go live đź‘€
BY GoMining News
To pay the bills, Mr. Durov is issuing investors $1 billion to $1.5 billion of company debt, with the promise of discounted equity if the company eventually goes public, the people briefed on the plans said. He has also announced plans to start selling ads in public Telegram channels as soon as later this year, as well as offering other premium services for businesses and users.
The messaging service and social-media platform owes creditors roughly $700 million by the end of April, according to people briefed on the company’s plans and loan documents viewed by The Wall Street Journal. At the same time, Telegram Group Inc. must cover rising equipment and bandwidth expenses because of its rapid growth, despite going years without attempting to generate revenue.
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