An announcement from Stronghold Digital Mining ( (SDIG) ) is now available.
On February 19, 2025, Stronghold Digital Mining announced that Institutional Shareholder Services and Glass Lewis & Co. recommended stockholders vote in favor of a merger with Bitfarms Ltd. at a special meeting on February 27, 2025. This merger is expected to result in cost savings and allow shareholders to benefit from the growth potential of a larger entity, strengthening Stronghold’s industry position.
More about Stronghold Digital Mining
Stronghold Digital Mining, Inc. is a vertically integrated Bitcoin mining company that focuses on environmentally beneficial operations. The company operates its miners at its wholly owned Scrubgrass and Panther Creek plants in Pennsylvania, which are low-cost, environmentally friendly coal refuse power generation facilities.
YTD Price Performance: -12.44%
Average Trading Volume: 432,638
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $58.69M
Find detailed analytics on SDIG stock on TipRanks’ Stock Analysis page.