Current Date:February 23, 2025

Compute North

Compute North’s Reorganization Plan Approved By Bankruptcy Judge

The hosting firm, one of North America’s largest, settled $250 million in secured debt and came to terms with...

Bitcoin Miner BitNile Pulls 6,500 Rigs from former Compute North Site

The company in August signed a hosting deal with now-bankrupt Compute North for a site that is now managed...

Bitcoin Miner Marathon Expects to Recover Less Than Half its Deposit From Bankrupt Compute North

In its monthly update, the company also disclosed additions to its bitcoin stack and the payoff of some debt.

Foundry Digital to Acquire Compute North Facilities

crypto mining company Foundry Digital, bankrupt Bitcoin ( BTC) mining company Compute Northwill buy the facilities of One of...

Bitcoin Miner Marathon Invested $31.3M in Bankrupt Data Center Compute North

One of the largest bitcoin (BTC) miners, Marathon Digital (MARA), said it had invested $10 million in convertible preferred...

Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured

Compute North’s bankruptcy filing was caused by trouble dealing with one of its biggest lenders – Generate Capital –...

Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy

Marathon Digital (MARA) has one less bull on Wall Street after BTIG's Gregory Lewis downgraded the stock from buy...

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