Bitfarms to Acquire Stronghold Digital Mining
Vinson & Elkins advised Stronghold Digital Mining, Inc. (“Stronghold”), a vertically integrated Bitcoin mining company, in its entry into a definitive agreement to be acquired by Bitfarms Ltd. (“Bitfarms”), a global Bitcoin mining company, in an all-stock transaction valued at $175 million.
The Vinson & Elkins team was led by partners Alex Robertson and Steve Gill, with assistance from associates Luke Strieber, Griff Kimball and Bennett Robinson. Other key team members included partners Shelley Barber and Daniel LeBey, counsel Lucy Liu and associate Glen Taylor; partner Tzvi Werzberger and counsel Carter Olson; partners Ryan Carney and Jason McIntosh, counsel Allyson Seger, senior associate Curt Wimberly and associate Katie Dillard ; partner Shane Tucker, associate Matt Green, senior associate Nicole Waterstradt and associate Morgan Whittlesey; partner John Decker and associate Reagan Lutter; partner Courtney Hammond and senior associate Mark Kramer; partner Sean Becker and associate Jordan Peck; partners Jeffrey Crough and Jeremy Marwell; partner Matt Dobbins and associate Kelly Rondinelli; partners Ramey Layne and Sarah Mitchell; partner Hill Wellford and counsel Evan Miller; partner Lauren Kanzer; counsel Rajesh Patel and associate Haley Titcomb; partner Fry Wernick, counsels Elizabeth McIntyre and Brian Howard and senior associate Pete Thomas.
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