Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
![Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger](https://cryptosuperhero.com/wp-content/uploads/2024/08/Bitcoin-Miner-Bitfarms-to-Acquire-Stronghold-Digital-Mining-in-125.jpg)
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 […]
Source: https://news.bitcoin.com/bitcoin-miner-bitfarms-to-acquire-stronghold-digital-mining-in-125-million-merger/