Stronghold Digital (SDIG), the bitcoin mining company that converts coal waste into power for its operations, outperformed its mining peers on Monday after the investment bank DA Davidson slapped a buy rating on the company and said it sees potential for shares to rise more than 50% over the next 12 months. Source link … [Read more...] about Stronghold Digital Outperforms Peers After DA Davidson Buy Rating
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Sphere 3D Receives Buy Rating Ahead of Gryphon Digital Mining Merger
Sphere 3D, a data management company that trades on the Nasdaq, and privately held Gryphon Digital Mining, which focuses on mining bitcoin through 100% renewable energy, announced in June they were going public through a reverse merger. Under terms of the deal, Sphere said it will issue 111 million shares to Gryphon shareholders, who will control 77% of the combined company. … [Read more...] about Sphere 3D Receives Buy Rating Ahead of Gryphon Digital Mining Merger