Bitcoin loans gain prominence in digital assets sector’s bankruptcy proceedings

James Van Straten

Quick Take There is a growing trend that highlights the growing significance of Bitcoin in bankruptcy and financial restructuring within the digital assets sector. Rhodium Encore LLC, a bankrupt Bitcoin mining company, recently disclosed significant financial challenges, revealing debts between $50 million and $100 million while holding assets valued between $100 million and $500 million, […]

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Bitcoin loans gain prominence in digital assets sector’s bankruptcy proceedings