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Coin Edition

2023-01-24 12:00:00

BlockFi Moves To Sell $160 Million in Mining Machine-backed Loans

BlockFi Moves To Sell $160 Million in Mining Machine-backed Loans

Bankrupt crypto lender BlockFi Inc. has taken steps to sell about $160 million of loans backed by 68,000 Bitcoin mining machines. Reports have indicated that the Jersey city-based company, which filed for protection from creditors in November, was one of the industries that started the bidding process for the loans last year. Moreover, sources say The post BlockFi Moves To Sell $160 Million in Mining Machine-backed Loans appeared first on Coin Edition .

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