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On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter of 2025, aims to expand Bitfarms’ energy portfolio in the U.S. and integrate power generation capabilities … Read more
Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value including selling the business. Go to Source
Sustainably focused and vertically integrated Bitcoin mining company Stronghold Digital Mining has filed for a $100 million initial public offering with the United States Securities and Exchange Commission. Go to Source Powered by WPeMatico
On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.” Blockware Raises $25 Million, Purchases 14,000 ASIC Miners Blockware Mining, a bitcoin mining infrastructure and … Read more
On Tuesday, Stronghold Digital Mining, Inc., an ESG-friendly cryptocurrency miner announced it has raised $105 million in two private equity securities funding rounds. Stronghold’s operations convert waste coal into alternative energy in order to mine bitcoin and other cryptocurrencies. ESG-Friendly Crypto Miner Turns Coal Waste to Bitcoin, Operation Raises $100M While many have been focused … Read more
Stronghold Digital Mining has raised more than $100 million in two private placements supporting its model for sustainable Bitcoin mining. Go to Source Powered by WPeMatico
