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

From cointelegraph.com

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. According to the new ... (full story)

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