Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value including selling the business.
Stronghold Digital Mining is considering selling the company in an effort to maximize shareholder value, according to its first-quarter financial report.
Information shared with Cointelegraph reveals that the company is considering a range of alternatives to boost its share price, including the sale of “all or part of the company” or other strategic transactions involving its assets.
The firm outlined that it has no deadline or timetable set for its “strategic alternatives process” and that it would make no assurance that any proposals, agreements or transactions would be executed in line with the review.