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Stronghold Digital Mining (SDIG) investor relations material
Stronghold Digital Mining EGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.EGM 2025 summary27 Feb, 2025
Opening remarks and agenda
CEO Gregory Beard expressed pride in achievements and highlighted strong stockholder support for the merger with Bitfarms.
Specific resolutions to be voted on
Stockholders voted on the approval and adoption of the Merger Agreement Proposal with Bitfarms, including related agreements and transactions.
Discussions on mergers, acquisitions, or other significant changes
Merger between Stronghold and Bitfarms was the central topic, with the merger expected to close in March 2025, pending satisfaction or waiver of remaining conditions.
Approximately 99.6% of votes cast, representing 54.5% of outstanding shares, approved the merger.
What percentage of shares approved the merger?
When is the expected closing date of the merger?
Detail Stronghold's environmentally beneficial operations.
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Frequently asked questions
Stronghold Digital Mining Inc. is a vertically integrated cryptocurrency mining company specializing in environmentally conscious bitcoin mining. The company operates its mining facilities by repurposing waste coal, a byproduct of legacy energy operations, as an energy source. This process helps to reclaim land and reduce environmental hazards associated with waste coal while generating electricity for its mining activities. The company is headquartered in New York, New York, and its shares are listed on the NASDAQ.
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