Bitfarms to acquire Stronghold Digital Mining in $175M merger

Oluwapelumi Adejumo

Bitcoin miner Bitfarms said it has entered into a merger agreement to acquire Stronghold Digital Mining for $125 million in equity value, alongside $50 million in assumed debt. In a joint Aug. 21 statement, both companies revealed that their Boards of Directors unanimously approved the transaction. The deal—subject to regulatory approval and other conditions—is expected […]

The post Bitfarms to acquire Stronghold Digital Mining in $175M merger appeared first on CryptoSlate.

Go here to Read this Fast! Bitfarms to acquire Stronghold Digital Mining in $175M merger

Originally appeared here:
Bitfarms to acquire Stronghold Digital Mining in $175M merger