The e-waste recyclers are pretty low on the pecking order, as the creditors will be first to strip these places for assets as Leopold Aschenbrenner discovered. =3
It's where the stuff ultimately goes since the creditors aren't interested in GPUs that no longer have much value. The context here is a crash, not just a basic bankruptcy. If it were that then absolutely it would be impounded by creditors (virtually or in reality) and then sold to the highest bidding data center.
>creditors aren't interested in GPUs that no longer have much value
Indeed, there is a point where the cost of disposal is higher than the expected market value of components. Thus, the asset turns into a liability if held too long.
I have seen factory liquidations, and everything goes... right down to the bolts in the floors. =3