Trading in Sterling’s entire issued share capital, comprising 149,640,000 ordinary shares of £0.001 each (“Ordinary Shares”), commenced on 1 December 2025, under the TIDM “ASIC” (the industry term for specialised Bitcoin mining processors).
Admission included a placing which raised gross proceeds of £4 million through the issue of 80,000,000 new ordinary shares at £0.05 per share, resulting in a market capitalisation on Admission of approximately £7.5 million.
Sterling Digital plc was established to initiate Bitcoin mining operations at low-cost stranded gas sites in the US. Admission to trading on the public markets will allow Sterling to grow as the management team leverages its existing contacts in Western Texas, driving value for investors as well as contributing to environmental sustainability.
DMH Stallard offers deep, hands‑on experience across the Bitcoin value chain – covering corporate and capital markets execution and the operational nuances of mining at scale – positioning the firm as a trusted adviser to businesses operating in and around Bitcoin.
The DMH Stallard corporate team included Chris Simmons, Giedre Doig and Amber Monaghan.