crypto mining company Foundry Digital, bankrupt Bitcoin ( BTC) mining company Compute Northwill buy the facilities of
One of the sectors affected by the consequences of the crypto bear market is Bitcoin ( BTC ) was mining. Investors emerging from the crypto industry and crypto market cap 800 billion dollar declined. The miners of the crypto market sought ways to survive due to the difficult processes experienced. However, some mining companies could not avoid going bankrupt. one of these companies Compute North continues to sell assets in order to be able to pay its creditors. Finally, Foundry Digital will also buy assets from the bankrupt mining company.
Foundry Digital Acquires Compute North’s Facilities
Cryptocurrency mining and staking company Foundry Digitalfiled for bankruptcy last month. Compute North is interested in. Company, Compute Northwill buy two important facilities of .
In addition, the company stated that they will purchase a third facility under development in an agreement with Compute North. This option is also on the table.
foundryThe two facilities that ‘s wants to buy, South Dakotaand Texas located in the regions. In addition, the bankrupt mining company, Nebraskawill also transfer the rights of the plant.
Among the clauses of the agreement is a fleet of mining machines.
