The latest announcement is out from Stronghold Digital Mining ( (SDIG) ).
On February 27, 2025, Stronghold Digital Mining’s stockholders approved a merger agreement with Bitfarms Ltd. during a special meeting. The merger, initially proposed in August 2024, is expected to close in March 2025, pending the fulfillment of remaining conditions, and has been overwhelmingly supported by the stockholders, indicating a strong endorsement of the merger’s potential value and benefits.
More about Stronghold Digital Mining
Stronghold Digital Mining, Inc. is a vertically integrated Bitcoin mining company focusing on environmentally beneficial operations. The company operates its miners at the Scrubgrass and Panther Creek plants in Pennsylvania, which are low-cost, environmentally beneficial coal refuse power generation facilities.
YTD Price Performance: -28.50%
Average Trading Volume: 398,975
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $47.92M
Learn more about SDIG stock on TipRanks’ Stock Analysis page.