Bitcoin Miner Stronghold Launches Nasdaq IPO

Bitcoin Magazine

  • Bitcoin miner Stronghold announced today the launch of its initial public offering (IPO) of 5,882,352 Class A common stock shares.
  • The anticipated IPO price will be between $16 and $18 per share under an S-1 Form filed with the U.S. SEC, which has not yet become effective.
  • The company plans to list its shares on the Nasdaq Global Market under the ticker “SDIG.”

Stronghold Digital Assets has officially launched its Nasdaq IPO of 5,882,352 shares of Class A common stock at an anticipated price of between $16 and $18 per share, according to a release shared with Bitcoin Magazine.

The company has already filed the final prospectus with the Securities and Exchange Commission (SEC), but it has not yet become effective. The bitcoin miner first filed for a Nasdaq IPO in July.

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Stronghold plans to list its Class A common stock on the Nasdaq Global Market under the ticker symbol “SDIG” and become the first North American company of its kind to go public through an actual IPO, different from the now popular direct listing and SPAC avenues.

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