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NFN8 Group is now in post-sale Chapter 11 administration, with the case focused on returning or disposing of mining equipment claimed by sale-leaseback counterparties and resolving the claims left behind. The court’s July 16 amended equipment-retrieval order Dkt. 223 extended the pickup period to 45 days, shifted de-racking costs to the estates subject to available funds, and provided that equipment not timely retrieved would be abandoned and vest in the purchaser. A final numeric claims register Dkt. 224 filed the same day reflects the next phase of the case: administering a claims pool that includes substantial asserted, amended, and unliquidated obligations. The company and two affiliates filed Chapter 11 on February 2, 2026, after several setbacks eroded the liquidity of their industrial-scale Bitcoin mining and equipment sale-leaseback business. According to the first-day declaration Dkt. 8, Core Scientific’s 2022 bankruptcy ultimately left thousands of NFN8 miners without their prior hosting arrangement; the April 2024 Bitcoin halving compressed mining economics; litigation with sale-leaseback participants added cost and collection pressure; and a late-December 2025 fire at the Crystal City, Texas facility reduced mining…
Updated Jul 31, 2026
Application for Payment of Administrative and Approved Advisory Expenses filed by Kathryn Mailloux for Claims/Noticing Agent Epiq Corporate Restructuring, LLC (Mailloux, Kathryn)
Docket 234 · Aug 18, 2026
341 Meeting of Creditors Held (Osherow, Randolph)
Docket 233 · Aug 14, 2026
BNC Certificate of Mailing (Related Document(s): [231] Order Regarding (related document(s): [218] Trustee's Motion for Entry of Order Discharging EPIQ Corporate Restructuring, LLC (21 Day Objection Language)) (Order entered on 8/3/2026)) Notice Date 08/05/2026. (Admin.)
Docket 232 · Aug 5, 2026
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