Bitfarms, a Canadian Bitcoin mining company, has completed its acquisition of Stronghold Digital Mining for over $110 million. This marks the largest merger and acquisition between two publicly listed Bitcoin mining firms to date. The acquisition enhances Bitfarms' U.S. energy portfolio, increasing it to 623 megawatts (MW) and securing a growth pipeline of 1.1 gigawatts (GW) in Pennsylvania. Additionally, the deal expands Bitfarms' high-performance computing (HPC) and artificial intelligence (AI) capabilities, with potential for gigawatt-scale power campuses. Following this acquisition, it has been reported that 80 public companies now hold Bitcoin on their balance sheets, highlighting a growing trend in corporate Bitcoin adoption.