Stronghold Digital Mining is set to acquire 9,080 bitcoin mining hardware. This is according to the company’s filing with the United States Securities and Exchange Commission earlier today.
The Pennsylvania-based company said it would purchase the mining rigs from Bitmain and MicroBT. The first batch of 4,800 rigs cost $35.7 million and will be delivered by the end of the year or in early January. The entire 9,080 mining rigs will be installed in the company’s reclamation and power generation facilities.
BTC is currently trading slightly above the $46k mark, down by roughly 3% over the past 24 hours.