Rhodium filed for Chapter 11 with debts of up to $100M and assets of up to $500M. The debtor-in-possession financing plan is offered by Galaxy Digital. Galaxy Digital offers Rhodium a $30M loan or 500 BTC with a 9.5%-14.5% interest. Rhodium Enterprises, a Texas-based Bitcoin mining firm, has recently garnered significant attention following its Chapter […]
The post Texas approves debtor-in-possession financing plan for BTC miner Rhodium appeared first on CoinJournal.
Go here to Read this Fast! Texas approves debtor-in-possession financing plan for BTC miner Rhodium
Originally appeared here:
Texas approves debtor-in-possession financing plan for BTC miner Rhodium