Bitcoin Miner Stronghold Digital Gave NYDIG 26200 ASICs in Exchange for Relief from $67.4 Million of Debt
Stonghold Digital (SDIG) closed on the seventh and final tranche of bitcoin miner deliveries to NYDIG that had served as collateral for financing agreements with NYDIG, the miner said in a Tuesday press release.
- Stonghold Digital (SDIG) closed on the seventh and final tranche of bitcoin miner deliveries to NYDIG that had served as collateral for financing agreements with NYDIG, the miner said in a Tuesday press release.
- This final tranche allowed for the cancellation of $2.1 million in debt. In all, since mid-August Stronghold has returned about 26,200 miners to NYDIG in return for the extinguishment of $67.4 million in debt.
