Bitcoin loans gain prominence in digital assets sector’s bankruptcy proceedings

Quick Take There is a growing trend that highlights the growing significance of Bitcoin in bankruptcy and financial restructuring within the digital assets sector. Rhodium Encore LLC, a bankrupt Bitcoin mining company, recently disclosed significant financial challenges, revealing debts between $50 million and $100 million while holding assets valued between $100 million and $500 million,... source: https://cryptoslate.com/insights/bitcoin-loans-gain-prominence-in-digital-assets-sectors-bankruptcy-proceedings/