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Storj Labs Files Chapter 11 Bankruptcy, Keeps Decentralized Storage Running
Storj Labs, the provider of the Storj decentralized cloud storage network, filed for voluntary Chapter 11 bankruptcy protection on July 26, 2026 in the U.S. Bankruptcy Court for the Northern District of West Virginia (case No. 5:26‑bk‑00512). The filing is intended to restructure legacy liabilities estimated at $1‑10 million, while the company’s assets and ongoing operations are expected to continue unchanged.
The company affirmed that its storage network, customer services, and the STORJ token utility will remain functional throughout the restructuring. Parent firm Inveniam Capital Partners will continue to finance Storj during the process. Management also said it is considering a model that could grant STORJ token holders equity in the reorganized entity, though details have not yet been set.
Following the announcement, the STORJ token dropped roughly 17 % to about $0.06‑$0.07. Independent node operators, who run the network’s hardware, now have pre‑petition earnings frozen and must file claims in the bankruptcy proceeding. Storj plans to divest non‑core acquisitions and focus on its core decentralized storage business.
Entities
Inveniam Capital Partners · Kaloyan Raev · STORJ token · Storj Labs · U.S. Bankruptcy Court for the Northern District of West Virginia
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 6 SOURCES] Parent company Inveniam Capital Partners will continue to financially support Storj Labs during the restructuring. blogtienao.com · www.cryptobreaking.com · en.bitcoinsistemi.com · cryptobriefing.com · coinpedia.org
- [● 6 SOURCES] The filing aims to restructure legacy liabilities estimated between $1 million and $10 million. blogtienao.com · www.cryptobreaking.com · en.bitcoinsistemi.com · cryptobriefing.com · coinpedia.org
- [● 6 SOURCES] Storj Labs filed for voluntary Chapter 11 bankruptcy protection on July 26, 2026 in the U.S. Bankruptcy Court for the Northern District of West Virginia (case No. 5:26‑bk‑00512). blogtienao.com · www.cryptobreaking.com · en.bitcoinsistemi.com · cryptobriefing.com · coinpedia.org
- [○ 1 SOURCE] Independent node operators' pre‑petition earnings are frozen and must be claimed through the bankruptcy process. ethnews.com
- [● 2 SOURCES] The STORJ token fell about 17 % to roughly $0.06‑$0.07 after the bankruptcy announcement. coinedition.com · coinpedia.org
- [● 6 SOURCES] Storj Labs will continue operating its decentralized storage network and customer services during the restructuring. blogtienao.com · www.cryptobreaking.com · en.bitcoinsistemi.com · cryptobriefing.com · coinpedia.org
- [● 2 SOURCES] Storj Labs plans to divest non‑core acquisitions and focus on its core decentralized storage business. coinpedia.org
- [● 4 SOURCES] Storj Labs is exploring a mechanism that could grant STORJ token holders equity in the reorganized company. www.cryptobreaking.com · en.bitcoinsistemi.com · cryptobriefing.com · coinpedia.org