US Bitcoin miner Stronghold files for $100M IPO to fund massive expansion

CoinTelegraph

Publicado 28.07.2021 06:43

Actualizado 28.07.2021 08:05

US Bitcoin miner Stronghold files for $100M IPO to fund massive expansion

Pennsylvania-based Bitcoin mining firm Stronghold Digital Mining has filed for a $100 million initial public offering (IPO) with the United States Securities and Exchange Commission (SEC).

The firm filed its S-1 form on July 27 and if given the green light by the SEC, Stronghold intends to list its Class A common stock on the Nasdaq Global Market under the “SDIG” ticker.

Stronghold is a sustainably focused and vertically integrated Bitcoin mining company that was founded in 2021. In June Cointelegraph reported that the firm completed two private equity securities raises worth $105 million.

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