Crypto Bankruptcy – DIGIT INFO

FTX says creditors supported reorganization plan with a 95% vote

DIGIT — Thu, 22 Aug 2024 11:59:19 +0000

FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors.

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FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar

DIGIT — Mon, 25 Mar 2024 20:45:57 +0000

Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has significantly appreciated, with buyers now prepared to offer $0.93 on the dollar for each claim. FTX Bankruptcy Claims Now Worth […]

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MicroStrategy’s Bitcoin stash is back in profit with BTC price above $30K

DIGIT — Mon, 23 Oct 2023 14:32:37 +0000

The Michael Saylor-led software firm has made $132 million in unrealized profits from its Bitcoin bet.

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