One of the largest bitcoin miners, MarathonDH said it has a total of more than $30 million in investments in a bankrupt data center computenorthllc. Reports Aoyon_A
One of the largest bitcoin miners, Marathon Digital , said it had invested $10 million in convertible preferred stock and $21.3 million unsecured senior promissory note in different entities within bankrupt data center Compute North.
Compute North was the latest victim of the crypto winter and filed for bankruptcy last month citing severe bear market, supply issues and trouble with its largest lender. Marathon is one of their largest clients, who placed its miners in its data centers, for a fee, to mine bitcoins.Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured
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