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Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger

by SB Crypto Guru News
August 21, 2024
in Bitcoin
Reading Time: 1 min read
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Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million MergerOn 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 […]



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