July 26, 2026·Bearish·critical issue

Bitcoin Miner Poolin Files Chapter 11 with $173M Debt

Bitcoin miner Poolin filed for Chapter 11 bankruptcy, reporting $173 million in liabilities linked to frozen Bitcoin withdrawals from 2022. It is seeking court approval to sell $52 million in assets to address its financial obligations.

Detected & updated continuously · Source: Nebula

Mentioned

Bitcoin (btc)

Sources

@Crypto_Potato

DEVELOPING: Bitcoin miner Poolin just filed for Chapter 11 bankruptcy. The firm has $173M in liabilities tied to frozen $BTC withdrawals from 2022. It is now seeking court approval to sell $52M in Texas mining assets. https://t.co/Ovc5S5tbNr