Tag: stronghold

Dec 20 2021

Bitcoin Miner Stronghold To Acquire 9,080 Rigs

The mining company has also signed a separate $54 million financing agreement with NYDIG.Bitcoin miner Stronghold has signed separate deals to purchase 9,080 rigs.The company also entered into an equipment-financing agreement with NYDIG for up to $54 million.“We expect to continue utilizing modest amounts of equipment financing,” Stronghold’s CEO said in a statement.Stronghold...

Oct 20 2021

Bitcoin Miner Stronghold Upsizes IPO Price To $19 Per Share

Oct 20 2021 Published at Bitcoin Magazine under tags  bitcoin miner business ipo stronghold

Stronghold shares are expected to begin trading on the Nasdaq today under the ticker symbol “SDIG.”Stronghold has upsized its IPO to $19 per share, with plans to raise $127 million.The company had previously announced an IPO price of between $16 and $18 per share, which would allow it to raise around $100 million.Stronghold’s common stock shares are expected to begin...

Oct 13 2021

Bitcoin Miner Stronghold Launches Nasdaq IPO

The company will list over 5 million shares of common stock on the Nasdaq at an IPO price of between $16 and $18.Bitcoin miner Stronghold announced today the launch of its initial public offering (IPO) of 5,882,352 Class A common stock shares.The anticipated IPO price will be between $16 and $18 per share under an S-1 Form filed with the U.S....

Aug 03 2021

Bitcoin Miner Stronghold Acquires Second Power Plant, Could Double Capacity

Stronghold Digital Mining, a bitcoin miner powered by coal waste, has acquired a second coal refuse site in Pennsylvania with an 80 MW capacity.Bitcoin mining company Stronghold Digital Mining has reportedly acquired a second coal refuse site in Pennsylvania. The firm also said it was "currently in...

Jul 27 2021

Bitcoin Miner Stronghold Files For Nasdaq IPO

Jul 27 2021 Published at Bitcoin Magazine under tags  bitcoin mining ipo markets nasdaq sec

Stronghold, a bitcoin mining company powered by waste coal, has filed an S-1 form with the SEC for a $100 million IPO on the Nasdaq.Bitcoin mining company Stronghold Digital Mining has filed with the U.S. Securities and Exchange Commission (SEC) for a proposed $100 million initial public offering (IPO). The firm plans...

Jun 22 2021

Mining Farm Turning Waste Coal Into Bitcoin Raises $105 Million

Stronghold, a bitcoin mining company that claims to eliminate 200 tons of waste coal for each bitcoin mined, has raised $105 million.According to a press release sent to Bitcoin Magazine, Stronghold Digital Mining, an ESG- friendly and vertically-integrated bitcoin mining company based in Pennsylvania, has raised $105 million in two private placements of equity securities.The firm is focused on...

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