Tag: Stronghold
Stronghold requests permission to burn tires for crypto mining in Pennsylvania
Stronghold Digital Mining, a Pennsylvanian crypto-mining company, is currently seeking approval to produce up to 15% of its energy using shredded tire [...]
From a G.O.P. Stronghold, Debate Watchers Cheered Signs of a Post-Trump Era
The Republicans who gathered at the Richard Nixon Presidential Library to watch their party’s presidential primary debate weren’t exactly spoiling for [...]
Stronghold Digital to Add 400 PH/s Capacity Via 4K Bitcoin Miners From Canaan Subsidiary
The 2,000 A1246 and 2,000 A1346 miners will provide a total capacity of 400 petahash per second (PH/S), according to an emailed announcement on Thursd [...]
Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s
Fourth-quarter revenue of $23.4 million was driven mainly by selling energy to the power grid rather than crypto mining.
www.coindesk.com [...]
Bitcoin Miner Stronghold Digital Restructures Remaining $55M of Debt
Stronghold also signed a two-year deal with miner hosting company Foundry for 4,500 miners, totaling approximately 420 petahash/second in computing po [...]
Bitcoin Miner Stronghold Continues Debt Restructuring With Convertible Preferred Share Issuance
The preferred shares will be convertible into common stock at a conversion price of $0.40 per share. If all the preferred stock is converted, about 57 [...]
How to flip a GOP stronghold: be a normal politician
Greg Landsman, a Democrat, ousted 13-term incumbent Republican Rep. Steve Chabot in Ohio’s 1st District, a long standing GOP district.
www.politico.c [...]
Bitcoin Miner Stronghold Digital Completes Debt Restructuring
"We are executing on the strategy we outlined during our second-quarter earnings announcement in August – to rapidly delever our balance sheet and enh [...]
Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
The end of Stronghold's deal with Northern Data will eliminate all profit sharing obligations, which it estimates would have been $10 million-$25 mill [...]
Bitcoin Miner Stronghold Digital In Restructuring Negotiations With Lenders
"Management’s efforts related to negotiating the potential debt restructuring transactions and evaluating the Company’s financial position, including [...]
Stronghold Digital Beats Q1 Revenue Estimates, but Misses on Earnings
“Stronghold believes its liquidity position, combined with expected operating cash flow, will be sufficient to meet all existing commitments and fund [...]
Nevada’s Economic Turmoil Threatens a Democratic Stronghold
LAS VEGAS — Scars from the coronavirus pandemic are still visible here. Housing prices skyrocketed, with rents rising faster than almost anywhere else [...]
Analyst Stays Positive on Stronghold Digital Despite Miss, Citing Miner’s Low Costs
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest [...]
Bitcoin Miner Stronghold Digital Tanks as Q4 Earnings, Revenues Miss Estimates
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest [...]
Payments Firm Stronghold Launches $100M Investment Fund Aimed at Fintech and Web 3
"Stronghold Capital will create opportunities to develop new products and business models that improve financial infrastructure for everyone," said Ta [...]