Published Jul 24, 2026, 5:19 AM ET · Updated 4 months ago · 4 sources
THE BLOCK: Poolin, once the world's largest bitcoin mining pool, files Chapter 11 with $52M stalking-horse bid for its Texas operations. Over 11,000 retail users hold ~$163.7M in frozen IOUs from a 2022 withdrawal freeze, while liabilities sit in the $100M-$500M range, per court filings.
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THE BLOCK: Poolin, once the world's largest bitcoin mining pool, files Chapter 11 with $52M stalking-horse bid for its Texas operations. Over 11,000 retail users hold ~$163.7M in frozen IOUs from a 2022 withdrawal freeze, while liabilities sit in the $100M-$500M range, per court filings.