Armistice Capital holds 9.9% stake in Stronghold Digital

02/14 21:02

Hedge fund Armistice Capital holds a 9.9 per cent beneficial ownership stake in bitcoin mining company Stronghold Digital Mining, according to a filing. The fund holds an existing stake in the company, but it is unclear how large that stake is prior to today's filing. Stronghold Digital last week restructured its $54.9 million loan with WhiteHawk Finance and signed a two-year escrow agreement with Foundry. It was able to defer any mandatory principal amortisation payments, totalling $29 million, until July 2024, it said in a statement.
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