Stronghold Digital Mining (SDIG) has shared an update.
Ryan Weber has been appointed as the new Chief Accounting Officer by the Board of Directors of a company, taking over the role from Matthew Smith, who remains CFO. Weber joined the company in 2022 and has a strong financial background, previously working at Ampco-Pittsburgh Corporation and Deloitte & Touche LLP. He will receive a base salary of $225,000 with eligibility for bonuses and stock units. Concurrently, the company is exploring strategic options to enhance shareholder value, which may include a sale or other transactions, but there is no fixed timeline or guarantee of any deal. The company has engaged Cohen and Company Capital Markets and Vinson & Elkins LLP as advisors for this strategic review.
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