WhiteHawk Capital Partners Provides $40 Million Capital Lease to Stronghold Digital Mining
Retrieved on:
Tuesday, August 3, 2021
WhiteHawk Capital Partners, LP ("WhiteHawk"), a private credit investment manager focused on asset-based financing solutions, announced it has entered into an agreement with Stronghold Digital Mining, Inc (Stronghold), an environmentally beneficial digital asset miner, to provide a $40 million capital lease.
Key Points:
- WhiteHawk Capital Partners, LP ("WhiteHawk"), a private credit investment manager focused on asset-based financing solutions, announced it has entered into an agreement with Stronghold Digital Mining, Inc (Stronghold), an environmentally beneficial digital asset miner, to provide a $40 million capital lease.
- The proceeds from the lease will be used to fund purchases of additional digital mining units from leading suppliers and scale plant and datacenter infrastructure.
- Stronghold is cleaning up coal refuse, which is damaging to local ecosystems, and using the energy generated to mine digital assets.
- For more information about WhiteHawk, please visit www.whitehawkcapital.com or contact [email protected]
For more information about Stronghold Digital Mining, Inc please visit https://strongholddigitalmining.com/
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