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$Stronghold Digital Mining (SDIG.US)$ Benzinga· 2 mins ago
Bitfarms Agrees To Acquire Stronghold Digital Mining In Stock-For-Stock Merger Transaction Valued At $125M Equity Value Plus Assumption Of Debt Valued At $50M
Bitfarms Agrees To Acquire Stronghold Digital Mining In Stock-For-Stock Merger Transaction Valued At $125M Equity Value Plus Assumption Of Debt Valued At $50M
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Trytosaveabit OP : Stronghold Shareholders To Receive 2.52 Shares Of Bitfarms For Their Each Share, Representing Consideration Per Share Of $6.02/Share
104716562 : does this mean that the minimum value of this share is now 2.5*6=15 ?
Trytosaveabit OP 104716562 : No means a total of 6.02! 2.5 shares at the price when deal was made.
103775419 : when is good to buy in?
102611832 104716562 : so if in 2025 bitfarm is 1.9 then your share price is 1.92x2.52(bitfarm 2.52 per share) 4.788. correct?
OneNightOnly : Can I say that SDIG's price will rise to the offer price of 2.2 (BITF's current price) x 2.52 = 5.544 ?
Trytosaveabit OP OneNightOnly : Technically yes! Actually 6.02 from their math! But it’s the market and to many outside forces on PA like SS’s! But you have the idea correct!