Celsius Mining entered into a Jan. 7 sales agreement to sell 2,687  Bitcoin mining rigs for $1.34 million to Touzi Capital , according to a Jan. 11 court filing.

The mining rigs are “MicroBT ASIC M30S” located in Houston, Texas, with a hashrate ranginf between 84TH/s to 92TH/s.

Celsius Mining said it held discussions with several brokers and market participants and determined that Touzi Capital’s offer was the best.

The mining firm said the proceeds from the rig’s sales would be used for general and corporate expenses.

Meanwhile, the sales are still subject to the De Minimis asset sale order.

(By Oluwapelumi Adejumo)