Compute North gets approval to sell CN2 container assets to Crusoe

By Sarah Lizee

Olympia, Wash., Nov. 16 – Compute North LLC gained approval to sell to Crusoe Energy Systems, LLC some of its cloud-native contrail networking (CN2) container assets, according to an order filed Wednesday with the U.S. Bankruptcy Court for the Southern District of Texas.

The purchase price is $1.55 million, or about $140,636.36 per container, as previously reported.

There was no backup bidder for the assets.

The Eden Prairie, Minn.-based company operates crypto-mining data centers. The company filed bankruptcy on Sept. 22 under Chapter 11 case number 22-90275.

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