debt

Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left).  (Aaron Kotowski/Stronghold Digital Mining)
Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s
Fourth-quarter revenue of $23.4 million was driven mainly by selling energy to the power grid rather than crypto mining.
Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left).  (Aaron Kotowski/Stronghold Digital Mining)

Avalanche
Securities Platform DEFYCA to Release Tokenized Private Debt Protocol on Avalanche
DEFYCA’s launch highlights the growing trend of bringing tokenized versions of traditional markets like debt to blockchain-based protocols.
Avalanche

CDCROP: Wolf Hollow Power Plant in Texas
Bitcoin Miner BitNile Pulls 6,500 Rigs From Former Compute North Site
The company signed a hosting deal in August with now-bankrupt Compute North for a site that is now managed by USBTC.
CDCROP: Wolf Hollow Power Plant in Texas

Bitfarms Washington US bitcoin mine
Bankrupt Crypto Lender BlockFi Takes Two-Thirds Loss to Settle Bitcoin Miner Bitfarms' Debt
The miner had recently warned it might stop paying off the debt to bankrupt BlockFi.
Bitfarms Washington US bitcoin mine

FTX Spelled in Letter Blocks
DebtDAO to Burn 18M FTX User Debt Tokens Following Demand Frenzy
More than 18 million tokens to be burned after the demand for the recovery tokens saw prices surge to as much as $113.
FTX Spelled in Letter Blocks

Wikimedia Commons
Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt
1754 Factory, the originator of the debt pool with the most distressed loans, said it is liquidating the assets off-chain and negotiating with borrowers for repayments.
Wikimedia Commons

CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)
Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized.
CDCROP: Core Scientific's Marble facility in North Carolina. (Core Scientific)

CDCROP: Bitcoin miners (Shutterstock)
Bitcoin Miner TeraWulf Restructures Debt
A slew of mining firms have restructured their debt loads while others are facing bankruptcy.
CDCROP: Bitcoin miners (Shutterstock)

The Greenidge Generation facility in Dresden New York. (CoinDesk)
Bitcoin Miner Greenidge Generation Restructures Another $11M of Debt
The deal with investment bank B. Riley includes a share sale and some additional time for repayments.
The Greenidge Generation facility in Dresden New York. (CoinDesk)