Bitfarms Ltd. acquires Stronghold Digital Mining including two Pennsylvania coal-fired power plants
Type: Acquisition · Technology: Other · Country: United States · Announced: 2025-03-06
Bitfarms Ltd. is set to buy Stronghold Digital Mining, acquiring Stronghold's 85-MW Scrubgrass and 80-MW Panther Creek waste coal power plants in Pennsylvania to power its bitcoin mining operations and potentially sell power into the PJM market.
Counterparties
- Bitfarms Ltd (Buyer)
- Stronghold Digital Mining (Seller)
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