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Another Bitcoin Mining Firm, Rhodium Enterprises, Files for Chapter 11 Bankruptcy

Another Bitcoin Mining Firm, Rhodium Enterprises, Files for Chapter 11 Bankruptcy


Bitcoin World
2024-08-28 04:59:18

Bitcoin mining company Rhodium Enterprises has initiated Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of Texas, disclosing potential liabilities of up to $100 million. The Chapter 11 filing, made on August 24, includes six subsidiaries: Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW, and Rhodium 30MW. The


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