Catenaa, Thursday, August 06, 2026– Fortitude Mining Holdings, the Zcash mining subsidiary of Digital Currency Group (DCG), has expanded its owned mining infrastructure with the acquisition of a 12.5-megawatt cryptocurrency mining facility in Nebraska as the company accelerates preparations for its planned public listing.
The newly acquired Prosser, Nebraska facility strengthens Fortitude’s strategy of owning both its mining infrastructure and power assets, reducing long-term operating costs while expanding its Zcash mining capacity.
The acquisition comes only a week after Fortitude brought a separate 12-megawatt self-developed mining site online in Grand Island, Nebraska, highlighting the company’s rapid expansion in the U.S. Midwest.
Following the transaction, Fortitude now owns more than 60 megawatts of power capacity across seven facilities located in Nebraska, South Dakota, Texas and New York.
The company paid approximately $6.25 million for the property and associated improvements. However, credits from an existing hosting deposit and the sale of approximately 1,400 Bitmain T21 mining machines reduced the net cash outlay to roughly $4.7 million.
The purchase includes the land, mining facility, an on-site 67-kilovolt electrical substation, and construction and manufacturer warranties, providing Fortitude with long-term operational flexibility and infrastructure ownership.
Chief Executive Officer Andrea Childs said combining targeted acquisitions with internally developed facilities forms part of the company’s vertically integrated strategy designed to maximize returns from every megawatt of owned power.
Chief Financial Officer Erik Ellingson added that the facility was already generating revenue when the transaction closed and would help strengthen cost control through direct ownership.
Fortitude estimates the Prosser facility will benefit from stabilized electricity costs of approximately 4.5 cents per kilowatt-hour, potentially reducing its Zcash mining cost to around $40 per ZEC, significantly below current market prices.
The acquisition follows Fortitude’s broader expansion strategy after Digital Currency Group spun the company out of its Foundry Bitcoin mining business in late 2025 to focus exclusively on Zcash mining.
Last month, Fortitude also announced plans to acquire 9,000 Bitmain Antminer Z15 Pro mining machines for approximately $31.5 million, a purchase expected to increase its Zcash mining capacity by 145%.
The company is preparing to become a publicly traded company through a proposed merger with HeartSciences, with shares expected to trade on the Nasdaq under the ticker TUDE, subject to regulatory approval.
The expansion comes as Zcash has experienced a sharp recovery over the past year. The privacy-focused cryptocurrency was trading around $488, having risen substantially from levels near $40 in late 2025, although it remains below its recent peak.
Fortitude Mining is one of the largest dedicated Zcash mining companies in North America. Unlike many cryptocurrency miners focused primarily on Bitcoin, the company specializes in mining Zcash, a privacy-oriented blockchain that uses the Equihash proof-of-work algorithm. As competition for mining infrastructure intensifies, ownership of energy assets and mining facilities is increasingly viewed as a strategic advantage, allowing operators to lower electricity costs and reduce dependence on third-party hosting providers.
