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DCG's Foundry Digital is buying two cryptocurrency mining facilities and other assets from Compute North. It has an option to acquire a third facility that is under development.<br />The deal comes as reports swirl that DCG’s Genesis, whose Global Capital suspended redemptions and new loan originations last week in the wake of FTX's collapse, may be filing for bankruptcy. <br />Since filing for bankruptcy in September, Compute North has sold off a number of other assets, including two mining facilities valued at $5 million and $1.55 million in containers.

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【DCG's Foundry Digital buying Compute North facilities amid possible Genesis bankruptcy】DCG's Foundry Digital is buying two cryptocurrency mining facilities and other assets from Compute North. It has an option to acquire a third facility that is under development.
The deal comes as reports swirl that DCG’s Genesis, whose Global Capital suspended redemptions and new loan originations last week in the wake of FTX's collapse, may be filing for bankruptcy. 
Since filing for bankruptcy in September, Compute North has sold off a number of other assets, including two mining facilities valued at $5 million and $1.55 million in containers.

DCG's Foundry Digital buying Compute North facilities amid possible Genesis bankruptcy

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