CoinDesk: Stronghold Digital Sets IPO Price at $16-$18 a Share

  • Wednesday, 13 October 2021 19:07
Stronghold Digital, a bitcoin mining firm that converts coal waste into power for its operations, plans to raise $94 million and $106 million in an IPO. According to a filing with the SEC, it plans to sell about 5.9 million shares at $16-$18 per share for acquisitions of mining rigs and power-generating assets. "The Hash" hosts discuss the latest public market activity revealing growing interest in clean mining and its potential connection to China's crypto crackdown.

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