Stronghold Digital Mining will hold an IPO on Nasdaq
In total, it plans to attract financing in the amount of $106 million
15.10.2021 - 09:00
461
1 min
0
What's new? A large mining company Stronghold Digital Mining (SDM) has applied to the U.S. Securities and Exchange Commission (SEC). SDM plans to raise up to $106 million as part of the IPO procedure on the Nasdaq exchange. If approved, the shares will appear under the SDIG ticker.
Application on the SEC website
What is known about the company? Stronghold Digital Mining is engaged in mining cryptocurrencies using renewable energy. The company receives the main volumes by converting coal waste into electricity. SDM is based in Pennsylvania.
What will the funds be used for? Stronghold Digital Mining expects to purchase new mining devices and increase the hashrate from 185 PH/s to 2100 PH/s by the end of this year and to 8000 PH/s by the end of 2022.
Useful material?
Telegram 
Twitter Crypto regulations
Under the new law, no cryptocurrency reserve can be created at the state level
Jun 11, 2025
Mining
This is the 300th block mined within this pool
Jun 5, 2025
Incidents
The marketplace started operating in 2022 and allowed trading in stolen personal data
Jun 5, 2025
Incidents
Hackers laundered assets using Tornado Cash, Thorchain, and Wasabi mixers
Jun 2, 2025
Market
After June 30, fines and prison sentences will be imposed for violating the rules
Jun 2, 2025
Crypto regulations
He also stated the country’s aspiration to become a Eurasian IT hub
May 29, 2025
Cryptocurrency rates
-
Bitcoin
$104 977
BTC
-1.79%
-
Ethereum
$2 522.76
ETH
-1.82%
-
Ripple
$2.16
XRP
-3.23%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.170172
DOGE
-2.04%
-
Cardano
$0.611772
ADA
-3.21%
-
Bitcoin Cash
$474.65
BCH
+0.32%
-
Stellar XLM
$0.252165
XLM
-3.57%
-
Litecoin
$85
LTC
-1.94%
-
Polkadot
$3.73
DOT
-3.03%