Stronghold Digital Upsizes IPO Price to $19 a Share

Posted on by American Coins & Gold

Stronghold Digital Upsizes IPO Price to a Share
Pennsylvania-based bitcoin mining company Stronghold Digital has upsized its initial public offering (IPO) to $19 per share with plans to raise $127 million.Shares are expected to commence trading on the Nasdaq Global Market today on Wednesday under the ticker symbol “SDIG”, the company announced.The company expects to receive around $114.8 million of the $127 million raised, which it will use to acquire new miners and power generating assets.The miner upsized its IPO price from the previously announced range of $16- $18 per share. It had planned to raise $94 million – $106 million as per its filing with the U.S…