Stronghold shareholders vote majority in favor of merger with Bitfarms

Bitcoin mining company Stronghold announced that its shareholders overwhelmingly voted "in favor" of the upcoming merger with Bitfarms Ltd. The merger agreement and plan are expected to be signed on August 21, 2024, and subsequently amended. Following approval of the merger agreement proposal, the company anticipates the merger to be completed by March 2025, subject to meeting or waiving remaining closing conditions. The final report on the special shareholders' meeting results will be submitted to the U.S. Securities and Exchange Commission in the form of an 8-K filing.

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