Compute North, a cryptocurrency mining startup that filed for bankruptcy protection last week, has received a series of permits to continue some aspects of its business operations.

According to Judge Marvin Isgur of the US Bankruptcy Court for the Southern District of Texas (Houston), Compute North can maintain certain operations, including paying for your insurance, maintaining your bank accounts, and receiving the green light for interactions between companies.

The latest approval granted by Judge Isgur will keep the firm afloat at this time when it is going through its greatest financial turbulence in recent times.

With the grace period granted by the court, the mining company can request the payment of its bank checks, as long as they are signed prior to the bankruptcy declaration. The judge also approved an earlier revised provision that would have Compute North compile a list of its top 30 creditors.

The disputed company was also given permission to redact the addresses of its main stakeholders, including employees, directors and contractors. With all this leniency, the latest filing has set a key date for the case, giving regulators plenty of time to finish the job.

Compute North had to file for bankruptcy with limited funds to pay off unsecured creditors after administrative expenses were paid, giving it another avenue to explore forward-thinking strategies to balance its business.

According to Kristyan Mjolsnes, head of marketing and sustainability at Compute North, the company is exploring “the opportunity to stabilize its business and implement a comprehensive restructuring process.” adding that its bankruptcy filing “…will allow us to continue to serve our clients and partners and make the necessary investments to achieve our strategic goals.”

Beyond Compute North, other crypto-focused companies, particularly exchanges and lending platforms, have also filed for bankruptcy. One of the firms, CoinFlex, is currently about to close a survey in which the majority of its creditors are approving a restructuring approach in which they will be vested with 65% of the capital.

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