FairERC20 News
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2024
May / 05- Bitcoin Miner Stronghold Eyes Asset Sale Amidst Market Turmoil
- May 05, 2024 at 07:20 pm
- Stronghold Digital Mining, a Bitcoin miner, is considering selling its assets or the entire company due to its undervalued stock price. The company's assets include 130 MW of energized data center capacity, 4.1 exahash per second hash rate, 750 acres of land, and transmission lines. Executives have initiated a formal strategic evaluation process to explore options, which could include a sale to an industry peer, recognizing the potential for undervalued assets.
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Communtity feeds
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