Bitcoin Miner Bitfarms Acquires Stronghold

Bitfarms Expands U.S. Operations with Stronghold Acquisition

• Bitfarms Ltd. has completed the acquisition of Stronghold Digital Mining, Inc.
• This acquisition expands Bitfarms’ operations in the United States.
• The deal enhances Bitfarms’ energy capabilities and portfolio.
• It strengthens Bitfarms’ position in the PJM market.
• The acquisition supports Bitfarms’ high-performance computing (HPC) and AI initiatives.

Bitfarms Ltd.’s acquisition of Stronghold Digital Mining, Inc. marks a strategic expansion of its U.S. operations and energy capabilities, reinforcing its presence in the PJM market and advancing its HPC and AI strategies.