Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops

Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs.

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Bitfarms to acquire Stronghold Digital Mining in $175M merger

Bitcoin miner Bitfarms said it has entered into a merger agreement to acquire Stronghold Digital Mining for $125 million in equity value, alongside $50 million in assumed debt.
In a joint Aug. 21 statement, both companies revealed that their Boards of Directors unanimously approved the transaction.

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