In retrospect, the signs that trouble was brewing for Bitwise Industries had been piling up for months.
Lawsuits. Bounced paychecks. Missed property tax payments.
But for the last decade, the Fresno company had been selling a powerful dream to cities across California's Central Valley and the country — places that had been left behind in the digital transformation of the economy. Bitwise offered workforce training to the underserved, software services, and co-working spaces to revitalize downtowns. City officials and community members rallied behind the business. California Gov. Gavin Newsom even thanked the company for its services during the pandemic.
