Big news in the world of cryptocurrency mining! Two companies, Stronghold and Bitfarms, are joining forces. This is like two toy companies merging to make even bigger and better toys! The merger was approved by almost everyone who voted.
This means they'll work together to mine cryptocurrencies, like Bitcoin which is like digital gold. They'll also use their computers to power other things, like artificial intelligence (AI), which is super smart computer tech!
It's all about adapting to changes in the crypto market.
- Stronghold and Bitfarms are merging.
- They'll combine their mining power.
- They'll also work on AI projects.
- The merger should be complete in March 2025.
Fact | Detail |
---|---|
Merger Approval | 99.6% of votes |
Bitfarms Stock Increase | Around 6% |
Bitfarms Stock Prediction | Possible rise to $4 |
Merger Completion | March 2025 (estimated) |