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Bitfarms, Stronghold Digital Mining to Deploy 10,000 Miners in Pennsylvania
2.11.2024
Bitfarms has partnered with Stronghold Digital Mining Hosting to deploy 10,000 miners at its Pennsylvania site, aiming to improve efficiency and expand its U.S. operations. Improved Efficiency Canada-based bitcoin miner Bitfarms has entered into a second miner hosting agreement with Stronghold...
Bitfarms inks another 10,000 Bitcoin miner hosting agreement with Stronghold
1.11.2024
The Bitcoin data center firm is deploying an additional 10,000 miners to Stronghold’s Scrubgrass site.
Bitfarms Acquires Stronghold Digital for US$175 M Stock & Debt
23.8.2024
Bitcoin Mining company Bitfarms acquires Stronghold Digital Mining for nearly US$175 Million stock and debt. The merger will…
Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
21.8.2024
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...
Bitfarms acquires Stronghold Digital Mining in $125M deal
21.8.2024
As part of the acquisition, Stronghold shareholders will receive 2.52 shares of Bitfarms for each share held
Bitfarms acquires Stronghold Digital Mining in $125M deal
21.8.2024
As part of the acquisition, Stronghold shareholders will receive 2.52 shares of Bitfarms for each share held
Bitcoin Miner Bitfarms to Buy Rival Stronghold Digital for $175M in Stock, Debt
21.8.2024
The deal comes weeks after Riot Platforms dropped a bid to buy Bitfarms, choosing to overhaul the company's board before pursuing a takoever again
Nasdaq-listed mining firm Stronghold Digital Mining for sale?
2.5.2024
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
Bitcoin Miner Stronghold Looking at Options, Including Sale of Company
2.5.2024
The miner is looking at options including sale of all or part of the company and other strategic transactions
Pennsylvania State, Crypto Miner Sued for Polluting Environment
27.3.2024
Pennsylvania environmental NGO – Save Carbon County – filed a lawsuit in a state court, accusing Stronghold Digital Mining for environmental contamination through Bitcoin mining.
The post Pennsylvania State, Crypto Miner Sued for Polluting Environment appeared first on Cryptonews
Shareholder Sues Crypto Mining Firm Over Unrealistic Pre-IPO Claims
6.2.2024
A shareholder sued crypto mining firm Stronghold’s senior officials, claiming that they made impractical pre-IPO pledges. Glenn Bruno’s Friday complaint targets Stronghold’s officers and directors for alleged legal violations between July 2021 to March 2022. The violations include breaches...
Bitcoin Miner Stronghold Secures $15 Million Equity Raise Amidst Hashrate Curtailment Challenges
23.12.2023
In a recent disclosure, the publicly-listed bitcoin mining corporation Stronghold Digital Mining publicized its entry into a $15 million securities purchase agreement with an institutional investor. Furthermore, Stronghold elaborated that the firm’s Panther Creek Plant encountered unforeseen...
Stronghold Expands Operation With $3M Acquisition of 2,000 Canaan Bitcoin Miners
27.7.2023
Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will be delivered to Stronghold’s Panther Creek facility in the third quarter. Stronghold Digital Mining...
Cleanspark Bolsters Hashrate With $40.5M Purchase of 12,500 Bitcoin Miners
1.6.2023
On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76 exahash per second (EH/s). Acquisition to Boost Cleanspark’s...
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
11.5.2023
Thursday's reported first-quarter earnings from miners were a mixed bag
Stronghold Digital Partners With Canaan Subsidiary to Boost Bitcoin Mining Capacity by 400 PH/s
5.5.2023
Stronghold Digital, a leading Bitcoin mining firm, announced the company has entered into a two-year hosting agreement with Cantaloupe Digital LLC, a subsidiary of the bitcoin application-specific integrated circuit (ASIC) manufacturer, Canaan. Under the new partnership, Stronghold Digital plans...
Stronghold Digital to Add 400 PH/s Capacity Via 4K Bitcoin Miners From Canaan Subsidiary
4.5.2023
The machines will be installed in two tranches, one by mid-May and the second by mid-June
Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s
29.3.2023
Fourth-quarter revenue of $23.4 million was driven mainly by selling energy to the power grid rather than crypto mining
Bitcoin Miner Stronghold Digital Restructures Remaining $55M of Debt
7.2.2023
Bitcoin Miner Stronghold Digital Completes Debt Restructuring
1.11.2022
The company over the past 10 weeks has returned 26,200 miners to NYDIG in exchange for the extinguishment of $67.4 million of debt