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Published on 8/25/2023 in the Prospect News Distressed Debt Daily.

Bittrex reports $106,829 net loss, zero cash for July

By Sarah Lizee

Olympia, Wash., Aug. 25 – Desolation Holdings LLC, which does business as Bittrex, reported a $106,829 net loss for July on zero gross income/sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The company had no cash at the end of the month.

Bittrex is a cryptocurrency trading platform with headquarters in Seattle. The company filed bankruptcy on May 8 under Chapter 11 case number 23-10597.


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