Bitfarms2026-07-08 16:42:16Bitfarms to Acquire Stronghold Digital Mining in $125M Stock-for-Stock MergerBitfarms Ltd. announced a $125M all-stock acquisition of Stronghold Digital Mining, assuming $50M debt. The deal adds 307 MW of power capacity, targeting over 950 MW by end of 2025, and marks Bitfarms' entry into AI and HPC sectors.1870
Bitfarms2026-07-08 16:36:14Bitfarms Acquires Stronghold Digital Mining in $125M Merger, Boosts Power Capacity to 950 MWBitfarms Ltd. announced a $125 million all-stock merger with Stronghold Digital Mining, assuming $50 million debt. The deal, expected to close in Q1 2025, adds 307 MW of power capacity and pushes Bitfarms' energy portfolio above 950 MW, enabling expansion into HPC and AI sectors.1800
