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Stronghold Digital Mining

Stronghold Digital Mining  

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Mining and Compute

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Bitcoin miner Bitfarms upsizes debt offering to $500M to scale AI ambitions

Bitcoin miner Bitfarms upsizes debt offering to $500M to scale AI ambitions

Bitfarms is capitalising on strong momentum to back its transition into AI data centers and high-performance workloads.
Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M

Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M

Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million in the same period a year ...
West Virginia Backs Bitcoin Reserve as Bitfarms Secures $300M for AI Pivot

West Virginia Backs Bitcoin Reserve as Bitfarms Secures $300M for AI Pivot

West Virginia's Bitcoin reserve strategy and Bitfarms' $300 million loan show the embrace of digital assets by US states and crypto firms.
Canadian Bitcoin miner Bitfarms gains ‘Stronghold’ in US with merger completion

Canadian Bitcoin miner Bitfarms gains ‘Stronghold’ in US with merger completion

Bitfarms has completed buying Stronghold Digital Mining (SDIG). This makes Bitfarms the biggest Bitcoin miner in the PJM market and gives it a much...
Bitfarms expands power capacity with $125M acquisition of Stronghold Digital Mining

Bitfarms expands power capacity with $125M acquisition of Stronghold Digital Mining

Bitcoin mining company Bitfarms has announced its acquisition of Stronghold Digital Mining for about $125 million equity value
Bitfarms to acquire Stronghold Digital Mining in $175M merger

Bitfarms to acquire Stronghold Digital Mining in $175M merger

Bitcoin miner Bitfarms said it has entered into a merger agreement to acquire Stronghold Digital Mining for $125 million in equity value, alongside...
Potential Harris VP picks have clear winner for Bitcoin between Shapiro and Walz

Potential Harris VP picks have clear winner for Bitcoin between Shapiro and Walz

Vice President Kamala Harris is about to announce her running mate for the 2024 presidential election, with Pennsylvania Governor Josh Shapiro and ...
Continued Decline In BTC Production Reported Post Halving

Continued Decline In BTC Production Reported Post Halving

The post Continued Decline In BTC Production Reported Post Halving appeared first on Coinpedia Fintech News Stronghold Digital Mining reported a 47...
Stronghold discloses 47% drop in BTC output in May, more than Cipher, Marathon

Stronghold discloses 47% drop in BTC output in May, more than Cipher, Marathon

Stronghold Digital Mining reported a 47.1% decline in its monthly Bitcoin mining output in May. The firm mined 82 BTC during the first full month f...
Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms

Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms

Despite a rejected $950M acquisition offer for Bitfarms, the mining firm Riot acquired a 9.25% stake, becoming its largest shareholder.