Strong shareholders voted with a majority in favor of its merger with Bitfarms
On February 28, Bitcoin mining company Stronhold announced that its shareholders overwhelmingly voted "in favor" of the upcoming merger between Stronhold and Bitfarms Ltd. The merger agreement and plan were signed on August 21, 2024 and have since been revised. After the proposed merger agreement is approved, the company expects the merger to be completed in March 2025, provided that the remaining completion conditions are met or waived. The final report on the results of the extraordinary shareholders meeting will be submitted to the Securities and Exchange Commission on Form 8-K.
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