Bitfarms Ltd.
Canadian vertically integrated Bitcoin mining and digital infrastructure company established 2017, operating 11 mining facilities across Canada, the United States, Paraguay, and Argentina, primarily using hydroelectric power.
Owned / funded by
Capital and control flowing in
Stronghold Digital Mining (parent of Scrubgrass) acquired by Bitfarms in March 2025 for ~$175M enterprise value.
Bitfarms (Nasdaq/TSX: BITF) acquired Stronghold Digital Mining in a stock-for-stock merger valued at ~$125M equity plus $50M assumed debt; transaction closed March 17, 2025, making Stronghold a wholly-owned subsidiary of Bitfarms.
Owns / has invested in
Capital and control flowing out
All-stock acquisition completed March 17, 2025, valued at approximately $125M equity plus ~$50M assumed debt, adding 165 MW of generating capacity.
Data centers
2 projects in the dataset
- Bitfarms Scrubgrass· operatesKennerdell, Venango, PAOperational85 MW
- Bitfarms Sharon Data Center· operatesSharon, Mercer, PAOperational120 MW