Bitcoin Miner Digihost Completes Controversial Power Plant Acquisition, Doubling Energy Capacity

The Toronto-based firm was able to pay for the plant with cash, so avoided taking on debt or diluting existing shareholders’ equity, CEO Michel Amar said in a Wednesday press release. In March 2021, the company said it would pay $4.25 million in cash and stock. It hadn’t responded to requests about the final price by publication time.