In re Compute North Holdings, Inc., No. 22-90273 (Bankr. S.D. Tex.)
- Compute North Holdings, Inc., a large data center with a focus on cryptocurrency mining, files for Chapter 11 protection amidst an atrocious business environment for all things crypto.
- Compute North was pushed into bankruptcy after its relationship with one of its primary lenders broke down.
- Debtors’ plan to sell all its assets quickly may be a challenge for unsecured creditors.