Bitwise owes more than $500 million; compared to assets less than $400,000, records show
Bitwise Industries owes millions to creditors. A proposed sale of office equipment, vehicles may only generate $60,000.
Source: yahoo.com
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Bitwise Industries owes millions to creditors. A proposed sale of office equipment, vehicles may only generate $60,000.
Bitwise Industries employees were furloughed on May 29, laid off on June 14.
Bankruptcy court records offer an incomplete picture of Bitwise’s debts.
A total of five Bitwise Industries entities filed bankruptcy this past week.
Bitwise’s investors, employees and others believed in the vision of reaching underserved individuals and communities, Dyer said.