PANews reported on February 9th that, according to documents disclosed by the U.S. Bankruptcy Court for the Western District of Texas, Bitcoin mining company NFN8PANews reported on February 9th that, according to documents disclosed by the U.S. Bankruptcy Court for the Western District of Texas, Bitcoin mining company NFN8
Mining company NFN8 filed for bankruptcy protection due to market volatility and fires.
PANews reported on February 9th that, according to documents disclosed by the U.S. Bankruptcy Court for the Western District of Texas, Bitcoin mining company NFN8 Group and its subsidiaries have filed for Chapter 11 bankruptcy protection and are seeking to sell all of their assets. The main reasons for NFN8's bankruptcy include: market volatility following the Bitcoin halving, ongoing litigation costs, and a catastrophic fire in late 2025 that reduced the mining capacity of its main facilities by 50%. NFN8 has already secured $2.75 million in debtor-held assets (DIP) financing from Twelve Bridge Capital to support its operations.
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The U.S. Department of Justice files civil forfeiture lawsuit for over $225 million in crypto fraud funds
PANews reported on June 18 that according to an official announcement, the U.S. Department of Justice filed a civil forfeiture lawsuit in the U.S. District Court for the District of
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PANews2025/06/18 23:59
Metaplanet Forms Bitcoin-Focused Subsidiaries in Japan and the U.S.
The post Metaplanet Forms Bitcoin-Focused Subsidiaries in Japan and the U.S. appeared on BitcoinEthereumNews.com. Metaplanet (3350), the largest bitcoin BTC$116,183.54 treasury company in Japan, said it established two subsidiaries — one in Japan and one in the U.S. — and bought the bitcoin.jp domain name as it strengthens its commitment to the largest cryptocurrency. Bitcoin Japan Inc., will be based in Tokyo and manage a suite of bitcoin-linked media, conferences and online platforms, including the internet domain and Bitcoin Magazine Japan. The U.S. unit, Metaplanet Income Corp., will be based in Miami and focus on generating income from bitcoin-related financial products, including derivatives, the company said in a post on X. Metaplanet noted it launched a bitcoin income generation business in the last quarter of 2024 and aims to further scale these operations through the new subsidiary. Both the wholly owned subsidiaries are led in part by Metaplanet CEO Simon Gerovich. Earlier this month, the firm brought its bitcoin holdings to over 20,000 BTC. It’s currently the world’s sixth-largest bitcoin treasury company, with 20,136 BTC in its balance sheet, according to BitcoinTreasuries data. The leading firm, Strategy (MSTR), has 638,985 BTC. The subsidiaries are being established shortly after the company announced plans to raise a net 204.1 billion yen ($1.4 billion) in an international share sale to bolster its BTC holdings. Metaplanet stock dropped 1.16% on Wednesday. Source: https://www.coindesk.com/business/2025/09/17/metaplanet-sets-up-u-s-japan-subsidiaries-buys-bitcoin-jp-domain-name
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BitcoinEthereumNews2025/09/18 06:12
Gold Price Hits Astounding New Record High
The post Gold Price Hits Astounding New Record High appeared on BitcoinEthereumNews.com. Unprecedented Surge: Gold Price Hits Astounding New Record High Skip to content Home Crypto News Unprecedented Surge: Gold Price Hits Astounding New Record High Source: https://bitcoinworld.co.in/gold-price-record-high/
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BitcoinEthereumNews2025/09/18 07:55