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STRONGHOLD DIGITAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Stronghold Digital Mining, Inc. - SDIG

1. Stronghold Digital Mining is proposed to merge with Bitfarms Ltd. 2. Shareholders may receive 2.52 Bitfarms shares per Stronghold share. 3. Legal investigation claims the deal may undervalue Stronghold. 4. Charles C. Foti, Jr. is leading the investigation on behalf of shareholders.

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FAQ

Why Bearish?

Concerns over undervaluation in the merger can negatively affect SDIG share price, as seen in past undervaluated M&A situations.

How important is it?

The investigation into potential undervaluation is critical for shareholder interests and SDIG's market perception.

Why Short Term?

Immediate scrutiny of the merger could influence SDIG price volatility, similar to past cases.

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BITFSDIG
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Stronghold Digital Mining, Inc. (NasdaqGM: SDIG) to Bitfarms Ltd. Under the terms of the proposed transaction, shareholders of Stronghold will receive 2.52 shares of Bitfarms for each share of Stronghold that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgm-sdig/ to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com. Kahn Swick & Foti, LLC 1100 Poydras St., Suite 960 New Orleans, LA 70163

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