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© Reuters Bitcoin mining company “Stronghold” applies for a $100 million IPO on Nasdaq
- Stronghold Digital Mining has filed an S-1 form with the US Securities and Exchange Commission.
- The mining company submitted a $100 million initial public offering to Nasdaq.
- Stronghold focuses on directly converting waste coal into value through Bitcoin mining.
Stronghold Digital Mining, a Bitcoin mining company, has submitted an S-1 form to the US Securities and Exchange Commission for a $100 million initial public offering (IPO). More importantly, the company plans to list Class A common stocks under the stock code of SDIG on NASDAQ.
It is worth noting that Stronghold’s Bitcoin mining business is powered by the reclamation of a coal dump in Pennsylvania. Their business is mainly focused on converting coal waste directly into value through Bitcoin mining.
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