The Block: Canadian government-backed bitcoin miner goes bankrupt, owing millions to creditors
Canadian government-backed bitcoin mining firm Great North Data has filed for bankruptcy, owing millions to its creditors. Backed by federal and provincial government agencies, the firm has liabilities of CA$13.2 million (~$10 million) against assets of CA$4.6 million (~3.49 million), CBC News reported Wednesday, citing bankruptcy documents filed late last month.
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