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Stock impact report

Bitfarms Enters into Second 10,000 Miner Hosting Agreement with Stronghold Digital Mining [Financial Post (Toronto, Ontario, Canada)]

Bitfarms Ltd. (BITF) 
Company Research Source: Financial Post
– Follows initial 10,000 miner hosting agreement announced in September – – Agreement supports 2.2 EH/s – This news release constitutes a “designated news release” for the purposes of the Company's amended and restated prospectus supplement dated October 4, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, Oct. 31, 2024 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ/TSX: BITF) (“Bitfarms” or the “Company”), a global leader in vertically integrated Bitcoin data center operations, has, through one of its subsidiaries, entered into a second miner hosting agreement (the “Hosting Agreement”) with Stronghold Digital Mining Hosting, LLC, a subsidiary of Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”) at Stronghold's Scrubgrass site in Pennsylvania. Under the terms of the Hosting Agreement, Bitfarms will deploy an additional 10,000 miners, originally expected to be used for its Yguazu, Paraguay site, to Stronghold' Show less Read more
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