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Stronghold Digital Mining, Inc. Closes Initial Public Offering

Stronghold Digital Mining, Inc. Prices Upsized $127 Million Initial Public Offering Background Image

Vinson & Elkins advised Stronghold Digital Mining, Inc., a vertically integrated Bitcoin mining company with an emphasis on environmentally beneficial operations, in its initial public offering of 7,690,400 shares of its Class A common stock at $19.00 per share, including the exercise in full by the underwriters of their over-allotment option.

The offering closed on October 22, 2021.

The V&E corporate team was led by partners Daniel LeBey and Shelley Barber, with assistance from senior associate Lucy Liu and associates Nina Ramachandran, Grace-Ann Duquette, Kolten Morris and Katie Dillard. Also advising were partners Jason McIntosh and Ryan Carney and associates Andrew Mandelbaum and Sarah Coe; counsel Julia Petty and associate Matt Green; and counsel Larry Pechacek.

About Vinson & Elkins
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