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Stronghold Digital Mining Inc   (NASDAQ: SDIG)
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Stronghold Digital Mining Inc 's

Competitiveness



 
 

SDIG Sales vs. its Competitors Q3 2024



Comparing the current results to its competitors, Stronghold Digital Mining Inc reported Revenue decrease in the 3 quarter 2024 year on year by -64.51 %, faster than the overall decrease of Stronghold Digital Mining Inc 's competitors by -22.22 %, recorded in the same quarter.

List of SDIG Competitors





Revenue Growth Comparisons




Net Income Comparison


Stronghold Digital Mining Inc , faster than the decline experienced by the competitors recorded a net loss, as well as most of its competitors.

<<  SDIG Stock Performance Comparisons



  

Overall company Market Share Q3 2024

Overall company, revenue fell by -64.51 % and company lost market share, to approximately 6.14 %.




<<  More on SDIG Market Share.
 
*Market share is calculated based on total revenue.

  News about Stronghold Digital Mining Inc Contracts

Stronghold Digital Mining Provides Operational and Financial Updates, Demonstrates Growth Potential

July 5, 2024
In recent updates, Stronghold Digital Mining, Inc. (NASDAQ: SDIG) has outlined its operational and financial progress, shedding light on its performance in the bitcoin mining sector. With notable milestones achieved, the company appears poised for further expansion and success.Operational and Financial Updates:In a recent announcement, Stronghold Digital Mining provided comprehensive insight into its operations and financial performance as of June 2024. The company has affirmed its commitment to transparency by regularly sharing updates with investors and the public. The previous March 2024 update offered valuable information on the progress made by Stronghold, further reinforcing the company s focus on acco...

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

January 2, 2024
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 strive to tap into the growing demand for digital assets.The acquisition of 5,000 Bitcoin miners will significantly expand Stronghold s current hash rate capacity by approximately 600 PH/s, providing a considerable boost to its mining operations. With an average efficiency of 25 J/T, these high-performance miners are expected to be deliv...

Stronghold Digital Mining forges ahead with Bitcoin Mining Expansion and Frontier Managed Services Collaboration

October 13, 2023
Stronghold Digital Mining Announces Bitcoin Mining Update and Frontier Managed Services Agreement
Stronghold Digital Mining, Inc. (NASDAQ: SDIG) has recently shared exciting updates regarding its operations and financial performance. The company reported a revenue decrease in the second quarter of 2023, compared to its competitors, by -37.51%. This decrease is faster than the overall decrease of Stronghold Digital Mining Inc s competitors, also at -37.51%, recorded in the same quarter.
Bitcoin mining has become a notably lucrative industry in recent years, and Stronghold Digital Mining has positioned itself as a key player in this field. Bitcoin mining involves using powerful computer systems to solv...





Publicly Traded Peers of Stronghold Digital Mining Inc




Core Scientific Inc
Share Performance



-1.11%
This Quarter



Core Scientific Inc
Profile



More about Core Scientific Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,880.194 mill. $ 410.906 mill. $ -945.003 mill.


The Crypto Company
Share Performance



-50.00%
One Year



The Crypto Company
Profile

The Crypto Company's business model involves investing in and trading cryptocurrencies and providing related financial services.

More about The Crypto Company's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1.807 mill. $ 0.160 mill. $ -2.449 mill.


Strategic Acquisitions Inc
Share Performance



+49.12%
30 Days



Strategic Acquisitions Inc
Profile

Strategic Acquisitions Inc operates on a business model that focuses on identifying and acquiring promising companies in various industries. Their objective is to quickly integrate these acquired companies into their existing portfolio to create synergies and generate substantial value. By leveraging their expertise in strategic planning and management, they aim to drive growth and profitability within their consolidated group of businesses.

More about Strategic Acquisitions Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 5.300 mill. $ - mill. $ 0.774 mill.




Sources: Stronghold Digital Mining Inc and all companies mentioned above in this report


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