H.C. Wainwright Downgrades Stronghold Digital Mining Inc (SDIG) to Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
- After-hours movers: Moderna, CrowdStrike, Ross Stores, Box and more
- After-hours movers: MongoDB, Credo, SoFi Technologies and more
- After-hours movers: Dell, Block, CoreWeave, Autodesk, MARA and more
Bitfarms (BITF) to Acquire Stronghold Digital Mining
August 21, 2024 7:06 AM UTCBitfarms Ltd. (Nasdaq/TSX: BITF) (Bitfarms), a global vertically integrated Bitcoin data center company, and Stronghold Digital Mining, Inc. (Nasdaq: SDIG) (Stronghold) have entered into a definitive merger agreement (the Merger Agreement) under which Bitfarms will acquire Stronghold in a stock-for-stock merger transaction (the Transaction). The Transaction is valued at approximately US$125 million equity value plus the assumption of debt valued at approximately US$50 million.
Stronghold is a vertically integrated crypto asset mining company focused on mining Bitcoin and environmental remediation and reclamation services. As of June 30, 2024, Stronghold has a... More
