CSIMarket
 
Stronghold Digital Mining Inc   (SDIG)
Other Ticker:  
 
 
Price: $4.1000 $0.23 5.943%
Day's High: $4.15 Week Perf: -7.66 %
Day's Low: $ 3.84 30 Day Perf: -35.13 %
Volume (M): 361 52 Wk High: $ 11.56
Volume (M$): $ 1,478 52 Wk Avg: $4.71
Open: $3.85 52 Wk Low: $0.54



 Market Capitalization (Millions $) 25
 Shares Outstanding (Millions) 6
 Employees 180
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -102
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 16

Stronghold Digital Mining Inc
Stronghold Digital Mining Inc. is a leading provider of sustainable Bitcoin mining solutions. The company operates a state-of-the-art Bitcoin mining facility located in Pennsylvania, USA, which utilizes renewable energy sources to reduce the carbon footprint of cryptocurrency mining. Stronghold Digital Mining has adopted a unique business model that optimizes the use of stranded and renewable energy sources to achieve maximum efficiency in mining operations.

The company's mining facility is strategically located in the heart of Pennsylvania's coal country, where it has access to abundant sources of cheap and surplus energy. This allows Stronghold Digital Mining to operate its Bitcoin mining machines efficiently and inexpensively. The facility is powered by a mix of renewable energy sources such as hydroelectric, wind, and solar power, which ensures that the Bitcoin mining process is sustainable and environmentally friendly.

One of the unique features of Stronghold Digital Mining is its proprietary immersion cooling system. The cooling technology used in the company's mining operations is designed to be highly efficient, reducing energy consumption and greenhouse gases produced during mining activities. The system works by immersing mining equipment in a non-conductive fluid that quickly dissipates heat, ensuring optimal performance and longevity of the mining machines.

Stronghold Digital Mining's mining facility has a total power capacity of over 250 MW, making it one of the largest Bitcoin mining facilities in the world. The company's cutting-edge technology and unique approach to mining have positioned it as a leader in the crypto mining industry. Stronghold Digital Mining is committed to creating sustainable and profitable Bitcoin mining solutions that add value to its stakeholders, including investors, customers, and the environment.

In conclusion, Stronghold Digital Mining Inc is a leading provider of sustainable Bitcoin Mining solutions that utilizes renewable energy sources to power its mining operations. The company's state-of-the-art mining facility, proprietary immersion cooling system and unique business model put it at the forefront of the cryptocurrency mining industry. Stronghold Digital Mining is committed to maximizing profits while minimizing its environmental impact, making it an ideal partner for companies seeking sustainable Bitcoin mining solutions.


   Company Address: 595 Madison Avenue New York 10022 NY
   Company Phone Number: 579-5992   Stock Exchange / Ticker: NASDAQ SDIG
   SDIG is expected to report next financial results on March 30, 2024.


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Stronghold Digital Mining Inc

Stronghold Digital Mining Inc Bolsters Cryptocurrency Presence with Acquisition of 1 EH/s Hashing Power

Stronghold Digital Mining, Inc. has recently made a strategic move to reinforce its position in the cryptocurrency market by acquiring an additional approximate hashing power of 1 EH/s through the purchase of Bitcoin miners. This move highlights the company's commitment to tap into the growing demand for digital assets.
The acquisition of 5,000 Bitcoin miners is expected to significantly expand Stronghold's current hash rate capacity by approximately 600 PH/s. This substantial increase in mining power will boost the company's operations and improve its ability to mine Bitcoins efficiently. With an average efficiency of 25 J/T, these high-performance miners are projected to be delivered and operational by January 2024.

Product Service News

Stronghold Supercharges Bitcoin Mining Operations with Acquisition of 5,000 Miners

Published Tue, Jan 2 2024 1:30 PM UTC

Stronghold Boosts Bitcoin Mining Power with Purchase of 5,000 MinersIn a strategic move to strengthen its position in the cryptocurrency market, Stronghold has recently announced its plans to acquire an additional approximate hashing power of 1 EH/s through purchasing Bitcoin miners. In addition, the company has secured an option to buy more Bitcoin mining equipment, as they...

Financing Agreement

Stronghold Digital Mining Inc: Navigating Challenges and Securing Growth Amidst Panther Creek Plant Update

Published Fri, Dec 22 2023 1:30 PM UTC



Stronghold Digital Mining Inc, a prominent player in the cryptocurrency mining industry, has announced updates regarding its Panther Creek Plant. This comes at a crucial time as the company recently reported a cumulative net loss of $128 million for the 12-month period ending in the third quarter of 2023. While competitors in the Miscellaneous Financial Services in...

Product Service News

Stronghold Digital Mining Inc: Charting a Sustainable and Resilient Course in Bitcoin Mining

Published Thu, Dec 7 2023 9:16 PM UTC



In the world of cryptocurrency mining, Stronghold Digital Mining Inc has been constantly evolving and adapting to the ever-changing landscape. With a recent announcement of their November 2023 Bitcoin Mining Update, along with a reminder of their upcoming Stronghold Business Strategy Update and Carbon Capture Panel on December 12th, the company aims to address pres...

Stronghold Digital Mining Inc

Stronghold Digital Mining Inc Faces Mounting Losses and Declining Revenue Amid Weak Orders in Recent Fiscal Period



Stronghold Digital Mining Inc recently released its financial results, which reveal a concerning growth in losses for the most recent fiscal period. This underperformance can be attributed to weak orders, resulting in a significant increase in net loss per share. Additionally, the company experienced a decline in revenue and a growing deficit when compared to the previous quarter. In light of these results, it is crucial to examine the context of the financials to gain a deeper understanding of the company's current situation.
Financial Performance:
During the most recent fiscal period, Stronghold Digital Mining Inc reported a net loss per share of $-2.26, representing a significant rise from $-1.27 in the previous period. Moreover, revenue witnessed a decline of -28.905% from $24.75 million to $17.60 million when compared to the same period a year ago. In contrast, there was a marginal decrease in revenue by -3.502% from $18.23 million in Q2. The deficit also grew, reaching $-22.312 million in the most recent fiscal period, which is an improvement from the deficit of $-75.220 million reported a year ago.






 

Stronghold Digital Mining Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Stronghold Digital Mining Inc does not provide revenue guidance.

Earnings Outlook
Stronghold Digital Mining Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com