Poolin Technology chooses the bid of $140 million proposed by Hut as the winning bid scheme
2026-09-24 01:43:00
According to CoinMeta, and as reported by Bloomberg Law, the crypto mining company Poolin Technology which has filed for bankruptcy protection chose the bid of $140 million offered by Hut in an auction as the winning proposal for its two data center assets located in Texas. Hut is a publicly listed crypto mining company that is currently expanding its AI data center business. Poolin filed for bankruptcy protection in July of this year. For one of the sites located in Texas, Ward County, Poolin selected the bid of $36.5 million from DigiPower X Inc as a backup option.
Bullish 0
Bearish 0
Source:X
This content is for market information only and does not constitute investment advice.