Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin mining giant Poolin files Chapter 11 bankruptcy with $173M debt, plans to sell Texas mining sites.

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

Poolin, once the world's largest Bitcoin mining pool, has filed for Chapter 11 bankruptcy in the U.S. with $173.1 million in debt, including $163.7 million owed to customers via IOUs after suspending withdrawals in 2022. The company plans to auction two mining sites in West Texas with a combined starting bid of $52 million to raise funds for creditors. This bankruptcy highlights ongoing financial struggles in the crypto mining sector amid rising costs and market downturns. The asset sale is part of Poolin's restructuring efforts under court supervision.

More News

Investec Bank discloses share dealings in Advanced Medical Solutions Group Plc on July 23, 2026

Investec Bank discloses share dealings in Advanced Medical Solutions Group Plc on July 23, 2026

Investec Bank plc, acting as advisor and joint broker to Advanced Medical Solutions Group Plc, disclosed its share transactions on July 23, 2026. The bank purchased 640,099 ordinary shares at prices between 280 and 280.25 per unit and sold 650,000 sh...

Market News
Neutral
57 minutes ago
Global cleanroom lighting market to reach $1.54B by 2035, driven by semiconductor and pharma growth.

Global cleanroom lighting market to reach $1.54B by 2035, driven by semiconductor and pharma growth.

The global cleanroom lighting market is projected to grow from $0.90 billion in 2025 to $1.54 billion by 2035, at a CAGR of 5.5%. Growth is fueled by expanding semiconductor manufacturing, pharmaceutical production, and regulatory demands for contami...

Market News
Bullish
2 hours ago
Alphea raises $5M to build AI-native cloud for autonomous AI agents.

Alphea raises $5M to build AI-native cloud for autonomous AI agents.

Alphea secured $5 million in strategic funding to accelerate development of its AI-native distributed operating environment designed for autonomous AI agents. The platform aims to support continuous AI agent operations with efficient execution, stora...

Company Fundamentals
Bullish
2 hours ago
Competitive intelligence tool market to reach $18.11B by 2035, driven by AI and cloud analytics growth.

Competitive intelligence tool market to reach $18.11B by 2035, driven by AI and cloud analytics growth.

The global competitive intelligence tool market, valued at $6.46 billion in 2025, is projected to grow to $18.11 billion by 2035 with an 11.08% CAGR. Growth is fueled by rising demand for real-time market intelligence, AI-powered analytics, cloud ado...

Market News
Bullish
3 hours ago
Bekaert repurchases 50,000 shares worth €2.06M and updates liquidity agreement activity.

Bekaert repurchases 50,000 shares worth €2.06M and updates liquidity agreement activity.

Bekaert continued its share buyback program from July 16 to 22, 2026, repurchasing 50,000 shares at an average price of €41.15, totaling about €2.06 million. The company aims to cancel all repurchased shares, reducing the total outstanding shares. Ad...

Company Fundamentals
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App