Bitfarms Plans $164M Stronghold Acquisition Amidst Market Challenges
August 22, 2024 at 06:15 AM GST updated: August 21, 2024 at 10:29 PM 2 mins read News Bitfarms plans to acquire Stronghold Digital Mining for $164M, including debt, to boost its mining capacity. Stronghold reported a Q2 2024 loss of $21.3M, with shares down 60% since January, partly due to the April Bitcoin halving…