Bankruptcy judge approves BlockFi to sell some mining machines and other physical assets for $4.7 million

According to Foresight News, The Block reported that the bankruptcy judge approved BlockFi to sell some mining machines and other physical assets for US$4.7 million, and the winning bidder was U.S. Farms.

In January this year, Bloomberg reported, citing people familiar with the matter, that BlockFi planned to sell $160 million in loans collateralized by 68,000 Bitcoin mining machines.