Stronghold Digital Mining Swaps Debt for Preferred Stock
The bitcoin miner has been reducing its debt since the summer.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/VBW72WZGHVFVLL3VMPMCXDBEZI.jpg)
Sponsored
Jan 3, 2023 at 1:21 p.m. UTC
Jan 3, 2023
stronghold digital-mining
Bitcoin Miner Stronghold Digital Completes Debt Restructuring
The company over the past 10 weeks has returned 26,200 miners to NYDIG in exchange for the extinguishment of $67.4 million of debt.
Sponsored
Nov 1, 2022 at 9:16 p.m. UTC
Nov 1, 2022
Bitcoin Miner Stronghold Digital Significantly Restructures Debt
The bitcoin miner said negotiations with its lenders were the reason for the delays in releasing its second-quarter earnings report.
Sponsored
Aug 16, 2022 at 6:39 p.m. UTC
Aug 16, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/XCFGOLAOSJB2FJBKSMUPWJESNM.JPG)
Good Time to Buy Crypto Mining Stocks, Says DA Davidson as It Slashes Hashrate Forecasts
There's now major upside to crypto mining stocks, even with significantly lowered earnings and hashrate projections.
Sponsored
Jul 1, 2022 at 6:00 p.m. UTC
Jul 1, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/POFAA55FABGC5D7IPRB46NVLXA.jpg)
Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market
Private and publicly listed crypto miners owe up to $4 billion in debt used to finance the construction of gargantuan facilities across North America, according to industry participants and data compiled by CoinDesk.
Sponsored
Jun 30, 2022 at 4:48 p.m. UTC
Jun 30, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/NSHJ5NQZJVDD3FQKWWINN6ZYCM.jpeg)
Stronghold Digital Beats Q1 Revenue Estimates, Misses on Earnings
Shares of the bitcoin miner that uses waste coal for energy fell slightly in after-hours trading.
Sponsored
May 16, 2022 at 9:21 p.m. UTC
May 16, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5U7NXCKNONFKHKIW5PKVVGIOZA.jpg)
Stronghold Digital's Stock Tanks as Q4 Results Miss Estimates
The bitcoin miner said it no longer believes its original target of 8.0 exahash per second in computing power by the end of 2022 is achievable.
Sponsored
Mar 29, 2022 at 8:50 p.m. UTC
Mar 29, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LHZS6KB3KBDSJNWW4LNBGI4YSM.png)
DA Davidson Cuts Miner Stronghold’s Target by 40% Ahead of Earnings
The stock is still “super cheap” compared to other mining peers, analyst says.
Sponsored
Mar 29, 2022 at 2:04 p.m. UTC
Mar 29, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/MHYV2GYGINC75PGYFPVC7DTR3Q.jpg)
Valkyrie Bitcoin Miners ETF Approved for Nasdaq Listing
The fund will begin trading tomorrow under the ticker “WGMI" and has an expense ratio of 0.75%.
Sponsored
Feb 7, 2022 at 6:18 p.m. UTC
Feb 7, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/K6LB4DZN4FH3ZLNVL6U4DC62VA.jpeg)
Warren Targets 6 More Crypto Miners for Their Energy Use
The crypto miners welcomed the dialogue on the environmental issues of mining with the Massachusetts senator.
Sponsored
Jan 28, 2022 at 12:06 a.m. UTC
Jan 28, 2022