Stronghold shareholders have voted in favor by a majority to merge with Bitfarms

BlockBeats News, February 28th, Bitcoin mining firm Stronghold announced that its shareholders overwhelmingly voted "for" the upcoming merger between Stronghold and Bitfarms Ltd. The merger agreement and plan were signed on August 21, 2024, and will be subsequently amended.

Upon approval of the merger agreement proposal, the company expects the merger to be completed by March 2025, subject to satisfaction or waiver of the remaining closing conditions. The final report on the Special Shareholders' Meeting results will be filed with the U.S. Securities and Exchange Commission (SEC) in the form of an 8-K filing. (Globenewswire)