Compute North Sells Assets to Crusoe - Coinleaks
Current Date:September 21, 2024

Compute North Sells Assets to Crusoe

Crypto mining company that went bankrupt in the past months Compute North, Crusoeabout to one and a half millionsells dollar assets.

In the crypto bear market, the number of mining companies making losses is increasing. Bitcoin ( BTC ) experienced a downward trend that deeply affected the course of companies. Mining companies began to look for new ways to survive. Many innovative facilities started to support miners. However, there was a noticeable increase in the number of companies that went bankrupt in the market. one of these companies Compute Northpart of their assets CrusoeDecided to sell to .

Compute North Receives $1.5 Million

crypto mining company Compute North continues its search for new cash after its bankruptcy. Lastly, the company among its assets 11 containersIt will sell for $1.55 million.

on the other side of the purchase agreement. Crusoe , has acquired two more companies in the last few months. While mining companies go bankrupt one by one, Crusoecontinues its purchases.

Houstonin the Department USAThe Bankruptcy Court approved the sale. Compute North, In September Chapter 11filed for bankruptcy.