December 10, 2025
A Texas bankruptcy judge has found that a directors and officers liability insurer was wrong to refuse a reasonable $4.65 million settlement demand from the trustee overseeing the wind-down of former cryptocurrency data miner Compute North Holdings, but that the court can't force the carrier to accept it.
February 16, 2023
Cryptocurrency data center operator Compute North Holdings received approval for its Chapter 11 plan Thursday in Texas, saying it had reached deals with contract counterparties to move the plan consensually after asset sales helped pay off $250 million of secured debt.
September 23, 2022
Cryptocurrency and blockchain data center provider Compute North Holdings filed for Chapter 11 protection in a Texas bankruptcy court Sept. 22, citing collapsing crypto values, ballooning energy costs, supply chain issues and the loss of two of its data centers to asserted loan defaults.
September 23, 2022
Cryptocurrency and blockchain data center provider Compute North Holdings has filed for Chapter 11 protection in a Texas bankruptcy court with nearly $147 million in debt, citing collapsing crypto values and ballooning energy costs.