Poolin has Filed Chapter 11, Sets $52 Million Floor Bid
Poolin has Filed Chapter 11, Sets $52 Million Floor Bid Poolin, once among the world's largest bitcoin mining pools before it halted withdrawals in 2022, has filed for Chapter 11 bankruptcy and set a $52 million floor bid for its Texas mining operations. The $52 million offer is a stalking-horse (floor) bid for Poolin's Texas mining assets, setting the opening price for a court-supervised sale of the assets. 👉 theblock.co/post/409587
The excerpt is quoted from a public Telegram channel, which owns its text.