BlockFi to sell $160M in Bitcoin miner-backed loans: Report

Bankrupt Lender BlockFi to Sell Bitcoin Mining Machine-Backed Loans

Bankrupt crypto lender BlockFi Inc. plans to sell about $160 million of loans backed by around 68,000 Bitcoin mining machines, according to two people familiar with the matter.

BlockFi to liquidate millions by selling Bitcoin miner-backed loans: Report

The bankrupt crypto lending firm BlockFi is planning to sell off $160 million in loans backed by 68,000 Bitcoin mining equipment.

BlockFi to Offer $160 Million in Bitcoin Mining-Backed Loans for Sale

BlockFi, the insolvent cryptocurrency lending company, has announced its plan to sell $160 million worth of loans secured by over 68,000 Bitcoin mining equipment as part of its bankruptcy process.

BlockFi to reportedly sell $160M in miner-backed loans

Insolvent cryptocurrency lending company BlockFi reportedly intends to auction off $160 million in Bitcoin miner-backed loans with the deadline for bidders to submit offers for the loans set for Jan. 24.

BlockFi to sell $160M in Bitcoin miner-backed loans: Report

The deadline for bidders to submit offers for the Bitcoin-machine-backed loans is set for Jan....

BlockFi plans to sell $160M worth of BTC miner-backed loans

The price of BTC mining rigs fell nearly 85% over the past year, causing some loans to become under-collateralized.