This is a Canada news story, published by CoinGape, that relates primarily to Bitcoin news.
For more Canada news, you can click here:
more Canada newsFor more Bitcoin news, you can click here:
more Bitcoin newsFor more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsFor more news from CoinGape, you can click here:
more news from CoinGapeOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
Stronghold Digital Mining share. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Bitfarms Ltd news, Bitcoin miner Stronghold Digital Mining news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Stronghold Digital MiningCoinGape
•63% Informative
Bitfarms Ltd, the Canada -based Bitcoin mining firm, is recently working out plans to acquire Stronghold Digital Mining in a massive $164 million deal.
During Q2 Stronghold reported a loss of $21.3 million on revenue of $19.1 million , with stock down 60% so far in 2024 .
The acquisition of Stronghold will help the company boost its mining capacity while leveraging Stronghold ’s own power generation and interconnection to local grids.
VR Score
39
Informative language
24
Neutral language
40
Article tone
formal
Language
English
Language complexity
49
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
4
Affiliate links
no affiliate links