NFN8 Group: $2.75M DIP Backs Bitcoin Mining 363 Sale
NFN8 Group filed chapter 11 on Feb. 2, 2026 in the Western District of Texas, pursuing a $2.75M DIP-backed section 363 sale of mining equipment, power rights, and site assets. A late-2025 Crystal City fire cut capacity 50%, while sale-leaseback investor litigation depleted liquidity.