Bitfarms to Expand U.S. Presence with $125M Acquisition of Stronghold Digital Mining

Bitfarms is set to significantly expand its U.S. operations with the acquisition of Stronghold Digital Mining, aiming for 950 MW power capacity by late 2025. Bitfarms Ltd., a major player in the global Bitcoin mining industry, announced its plans to acquire Stronghold Digital Mining, Inc. in a stock-for-stock transaction valued at approximately $125 million. The […] source: https://www.cryptoglobe.com/latest/2024/08/bitfarms-to-expand-u-s-presence-with-125m-acquisition-of-stronghold-digital-mining/