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Bitfarms | 425: Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions

Bitfarms | 425: Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions

Bitfarms | 425:募资说明/企业合并公告
美股SEC公告 ·  08/21 17:11

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Bitfarms Ltd., a vertically integrated crypto asset mining company, has announced an agreement to acquire Stronghold Digital Mining. The acquisition, expected to close in Q1 2025, is subject to approval by Stronghold's shareholders and customary closing conditions. Stronghold owns over 750 acres of land and two power plants in Pennsylvania, with a combined power capacity of over 165 MW. This move aligns with Bitfarms' strategy to diversify energy access and expand its US presence. Stronghold's operations, which convert mining waste into electricity, have reclaimed over 1,050 acres of land, providing environmental benefits. The acquisition will allow Bitfarms to leverage the Pennsylvania-New Jersey-Maryland (PJM) Interconnection grid, the largest wholesale electricity market in the US, and is expected to enhance Bitfarms' competitive positioning for sustainable growth. The company aims to reach a 950 MW energy portfolio by the end of 2025 and is optimistic about future expansion and efficiency improvements.
Bitfarms Ltd., a vertically integrated crypto asset mining company, has announced an agreement to acquire Stronghold Digital Mining. The acquisition, expected to close in Q1 2025, is subject to approval by Stronghold's shareholders and customary closing conditions. Stronghold owns over 750 acres of land and two power plants in Pennsylvania, with a combined power capacity of over 165 MW. This move aligns with Bitfarms' strategy to diversify energy access and expand its US presence. Stronghold's operations, which convert mining waste into electricity, have reclaimed over 1,050 acres of land, providing environmental benefits. The acquisition will allow Bitfarms to leverage the Pennsylvania-New Jersey-Maryland (PJM) Interconnection grid, the largest wholesale electricity market in the US, and is expected to enhance Bitfarms' competitive positioning for sustainable growth. The company aims to reach a 950 MW energy portfolio by the end of 2025 and is optimistic about future expansion and efficiency improvements.
加密资产挖矿公司Bitfarms Ltd.宣布达成协议收购Stronghold Digital Mining。预计于2025年第一季度完成交易,交易需得到Stronghold股东的批准和常规的交割条件方能生效。Stronghold在宾夕法尼亚州拥有超过750英亩的土地和两座发电厂,总发电容量超过165兆瓦。此举符合Bitfarms的能源多元化和扩大美国业务的策略。Stronghold的运营将挖矿废物转化为电力,已经整治了1050英亩的土地,提供了环保母基。此次收购将使Bitfarms能够利用美国最大的批发电力市场宾夕法尼亚-新泽西-马里兰(PJM)互联网电网,从而提升Bitfarms的可持续增长竞争优势。该公司计划在2025年底前达到950兆瓦的能源组合,并对未来的扩张和效率改进持乐观态度。
加密资产挖矿公司Bitfarms Ltd.宣布达成协议收购Stronghold Digital Mining。预计于2025年第一季度完成交易,交易需得到Stronghold股东的批准和常规的交割条件方能生效。Stronghold在宾夕法尼亚州拥有超过750英亩的土地和两座发电厂,总发电容量超过165兆瓦。此举符合Bitfarms的能源多元化和扩大美国业务的策略。Stronghold的运营将挖矿废物转化为电力,已经整治了1050英亩的土地,提供了环保母基。此次收购将使Bitfarms能够利用美国最大的批发电力市场宾夕法尼亚-新泽西-马里兰(PJM)互联网电网,从而提升Bitfarms的可持续增长竞争优势。该公司计划在2025年底前达到950兆瓦的能源组合,并对未来的扩张和效率改进持乐观态度。
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