Bitfarms Acquires Stronghold Digital Mining In $175M Deal, Reshaping Bitcoin Mining Landscape – Bitfarms (NASDAQ:BITF)
Bitfarms Ltd. BITF on Wednesday announced a significant move in the cryptocurrency mining sector with its acquisition of Stronghold Digital Mining, Inc. SDIG. What Happened: The stock-for-stock merger, valued at approximately $125 million, with an additional $50 million in assumed debt, is set to close in the first quarter of 2025, pending regulatory approvals and