Tech Co. Fends Off Sanctions Bid In Rhodium Ch. 11

By Clara Geoghegan · September 22, 2025, 2:20 PM EDT

A data center cooling technology firm urged a Texas bankruptcy judge to reject bitcoin miner Rhodium's more than $6 million sanctions request, saying litigation underlying its $12 million proof of claim...

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Bankruptcy Scorecard

Summary

The operator of two bitcoin mining facilities in Texas filed for bankruptcy to hold an asset sale and assume a lease for its largest facility after litigation with its landlord.

Case Number

24-bk-90448

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$50 million and $100 million in liabilities

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Documents

Related Sections

Case Information

Case Title

Midas Green Technologies, LLC v. Rhodium Enterprises, Inc. et al

Case Number

6:22-cv-00050

Court

Texas Western

Nature of Suit

Patent

Date Filed

January 13, 2022

Case Title

Rhodium Encore LLC

Case Number

4:24-bk-90448

Court

Texas Southern

Nature of Suit

Date Filed

August 24, 2024

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