Rhodium Files Chapter 11 for Bitcoin Mining Subsidiaries

Rhodium Enterprises, previously reported to be facing financial difficulties, has filed for voluntary bankruptcy protection for several of its bitcoin mining subsidiaries. The company submitted filings to the U.S. Bankruptcy Court in the Southern District of Texas on Saturday for entities including Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW, and Rhodium 30MW. […]

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