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US Bitcoin mining firm Stronghold raises $127 million in IPO

US Bitcoin mining firm Stronghold raises $127 million in IPO



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3 Comments

  1. This company plans on using a coal waste plant in Nesquehoning, Pennsylvania which emits more carbon emissions than an actual coal plant. This is the antithesis to Bitcoin mining and is worse for the environment than using most regular electricity.

  2. tldr; Pennsylvania-based Bitcoin mining firm Stronghold Digital Mining has set the final price for its initial public offering (IPO) in the US at $19 per share. The firm has raised $127 million via the offering of 6.68 million shares. The trading is set to start on Wednesday on Nasdaq under the ticker SDIG.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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