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Bitcoin miner Poolin files Chapter 11 bankruptcy, plans to auction Texas mining assets amid $173M debt

Market News
24 Jul 2026
Crypto news
View Source
Bearish
pluang ai news

Poolin, a major bitcoin mining company, has filed for Chapter 11 bankruptcy in the U.S. to sell its Texas mining assets through a court-supervised auction. The company owes about $173 million, mostly from IOUs issued after suspending wallet withdrawals in 2022. Interest from AI infrastructure buyers has increased bidding for the assets, reflecting a trend of repurposing mining facilities for AI and high-performance computing. The auction process aims to maximize creditor recoveries, with potential payouts depending on final bids and court approval.

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Walmart Canada and customers raise $7.2M to support children's hospitals nationwide

Walmart Canada and customers raise $7.2M to support children's hospitals nationwide

Walmart Canada, its associates, and customers raised $7.2 million this spring to support children's hospital foundations across Canada. The funds will be used for vital equipment, research, training, and programs to improve pediatric care locally. Th...

Others
Neutral
43 minutes ago
Walmart Canada and partners raised $7.2M to support children's hospitals nationwide.

Walmart Canada and partners raised $7.2M to support children's hospitals nationwide.

Walmart Canada, its employees, and customers raised $7.2 million this spring to support children's hospital foundations across Canada. The funds will help provide life-changing equipment, advance research, support specialized training, and improve pr...

Others
Neutral
43 minutes ago
Allied Energy secures phased option to acquire 100% of Puma Gold property in California.

Allied Energy secures phased option to acquire 100% of Puma Gold property in California.

Allied Energy Corporation has finalized a three-phase agreement to acquire a 100% interest in the Puma Gold Property in San Bernardino County, California. The deal allows Allied to earn its ownership through staged exploration, resource definition, a...

Company Fundamentals
Bullish
1 hour ago
TOP Ships acquires three new ECO MR tankers with $0.93B potential revenue backlog, expanding its fleet and charter base.

TOP Ships acquires three new ECO MR tankers with $0.93B potential revenue backlog, expanding its fleet and charter base.

TOP Ships Inc. has agreed to purchase three companies owning contracts for three high-specification, ECO, scrubber-fitted MR product tankers to be delivered in 2029. These vessels come with five-year time charters from an oil major, with an option fo...

Company Fundamentals
Bullish
1 hour ago
Vopak appoints Helle Kristoffersen and Roeland Baan to Supervisory Board for 4-year terms

Vopak appoints Helle Kristoffersen and Roeland Baan to Supervisory Board for 4-year terms

At its Extraordinary General Meeting on July 29, 2026, Koninklijke Vopak N.V. appointed Mrs. Helle Kristoffersen and Mr. Roeland Baan as new members of its Supervisory Board, each for a four-year term. This move strengthens Vopak's governance as it c...

Company Fundamentals
Neutral
1 hour ago
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