Bitfarms Announces Acquisition of Stronghold for $125M via Stock Deal
Stronghold’s stock has plummeted by almost 60% this year, Riot decreased by 48%, and Bitfarms plunged by 19%.
Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts
Canaan disclosed in the SEC’s Form 6-K filing that the new funding round would enhance its research and development capabilities, support innovation in its crypto mining rigs, and expand its production scale.