Updates for Getting Payment on the Stronghold Digital Mining $4.75M + 25 BTC Settlement
Hey there, if you missed it, Stronghold agreed to settle over the financial issues they had in the past, and now they’re accepting late claims even though the deadline has passed.
Quick recap: In 2022, Stronghold was accused of hiding issues with contracted suppliers, missed deadlines, and difficulties in obtaining new mining equipment. Their IPO didn’t show the truth about their losses. And, as a result, $SDIG fell, and investors filed a lawsuit over this hidden info.
The company has already agreed to pay investors $4.75M + 25 BTC over this whole situation. And now, I found out they’re accepting claims even though the deadline has passed. So, if you were an investor back then, it’s worth checking if you’re eligible to file for payment.
Anyways, did you invest in Stronghold back then? How big were your losses due to all this?
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