Storj Files Chapter 11 Bankruptcy, Keeps Cloud Storage Services and STORJ Network Running

TheNewsCryptoPublicado a 2026-07-27Actualizado a 2026-07-27

Resumen

Decentralized cloud storage provider Storj Labs has filed for Chapter 11 bankruptcy protection in the U.S., as announced on July 26. The company emphasizes that this legal step is for reorganization, not liquidation, and will not disrupt its core operations. Storj's decentralized storage network, its cloud services for customers, and the functionality of its STORJ token will all continue normally during the process. The filing is attributed to legacy debts from earlier growth phases, while the company describes its current business as "operational and healthy." Storj plans to refocus on its primary cloud infrastructure products. It also intends to propose a new ownership plan that may include eligible STORJ token holders, alongside management and investors, pending creditor and court approval. The company, which previously raised significant funding including a 2017 token sale, continues to operate independently following its 2025 acquisition by Inveniam.

Blockchain-powered decentralized cloud storage platform Storj Labs is seeking Chapter 11 bankruptcy protection. Even as it conducts business as usual on its cloud storage network. The firm has filed its petition to the U.S. Bankruptcy Court for the Northern District of West Virginia on July 26. The filing aims to enable it to reorganize and deal with legacy debts, rather than liquidate its assets. According to Storj, services offered to customers, decentralized storage, and cloud products will continue during the restructuring process.

“Storj Labs’ business is operational and healthy but still carries financial responsibilities resulting from previous growth stages,” said Director of Software Engineering Kaloyan Raev. The company is looking to refocus on its primary products of distributed cloud storage, computing, and file access services.

Company Focused on Core Cloud Infrastructure

Storj has a decentralized storage marketplace that allows individual node operators to provide unused storage capacities from distributed infrastructures. Consumers can use cloud storage services using compatible business software, while STORJ tokens are used for payments within the parts of the network. Node operators earn token payments for providing storage capacities and bandwidth.

The company mentioned that the Chapter 11 bankruptcy is related to Storj Labs as an incorporated entity and not to its blockchain network. Storj has not disclosed any changes regarding how the STORJ tokens are used, how the network is run, or how customer products work. The company had also rolled out new pricing models for storage and data egress before filing, which took effect on July 1, 2026.

Ownership Plan Will Incorporate STORJ Token Holders

Storj will be presenting an ownership plan that might involve management, current investors, members of the community, future investors, and eligible STORJ token holders. Nonetheless, the ownership proposal still needs the creditors’ consent and final approval in the Chapter 11 procedure. Storj has not provided the criteria for eligibility, ownership structure, valuation approach, and timing for the proposed changes.

Before filing for Chapter 11, Storj had received around $35 million in funding, including $30 million from the sale of STORJ tokens in 2017 and $3 million in seed money from investors affiliated with Qualcomm Ventures and Techstars. After Inveniam acquires the company in October 2025, Storj continues to function independently.

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Preguntas relacionadas

QWhy did Storj Labs file for Chapter 11 bankruptcy?

AStorj Labs filed for Chapter 11 bankruptcy to reorganize and deal with legacy debts, rather than liquidate its assets. The company stated its business is operational and healthy but carries financial responsibilities from previous growth stages.

QWill Storj's cloud storage services continue to operate during the bankruptcy process?

AYes, Storj confirmed that services offered to customers, its decentralized storage network, and cloud products will continue to operate as usual during the Chapter 11 restructuring process.

QWhat is the relationship between the bankruptcy filing and the STORJ blockchain network?

AThe Chapter 11 bankruptcy is related only to Storj Labs as an incorporated entity, and not to its independent blockchain network. There are no disclosed changes to how the STORJ tokens are used or how the network is run.

QWho might be included in Storj's proposed new ownership plan?

AThe proposed ownership plan might involve management, current investors, members of the community, future investors, and eligible STORJ token holders. However, the final criteria and structure have not been provided.

QWhen did Storj's new pricing models for storage and data egress take effect?

AStorj's new pricing models for storage and data egress took effect on July 1, 2026, which was before the company filed for Chapter 11 bankruptcy on July 26.

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Cómo comprar STORJ

¡Bienvenido a HTX.com! Hemos hecho que comprar STORJ (STORJ) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar STORJ (STORJ) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu STORJ (STORJ)Después de comprar tu STORJ (STORJ), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear STORJ (STORJ)Tradear fácilmente con STORJ (STORJ) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

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Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de STORJ (STORJ).