Bitcoin miner Stronghold will list almost 6M shares in its $100M IPO

Bitcoin miner Stronghold will list almost 6M shares in its $100M IPO

The firm uses a sustainable energy source by converting waste coal into power to mine Bitcoin. U.S. Bitcoin mining company Stronghold Digital Mining will list almost six million shares in an initial public offering on the Nasdaq.Stronghold plans to list 5,882,352 Class A common stock shares priced between $16 and $18 under the ticker “SDIG”. Taking the average proposed offering price puts the IPO at around $100 million.The Kennerdell, Pennsylvania-based firm first filed with the Securities and Exchange Commission for a Nasdaq IPO in July. It will fund an almost 900% expansion in capacity....


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