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Stock impact report

Stronghold Announces Fourth Quarter 2023 Operating and Financial Results

Stronghold Digital Mining, Inc. (SDIG) 
Company Research Source: GlobeNewswire
NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced financial and operational results for the fourth quarter and full year 2023 and provided an operational update: Recent Operational and Financial Highlights Achieved ~3.8 EH/s of actual hash rate on installed hash rate capacity of 4.1 EH/s, following the installation of 5,000 recently purchased Bitcoin miners. The Company has less than $1mm of outstanding capital commitments for miners heading into the April 2024 halving.Current energized slots in existing Stronghold data centers have the capacity to support over 7 EH/s of hash rate. Stronghold believes it has the unique opportunity to significantly increase its hash rate capacity within its existing infrastructure and is evaluating options to accomplish this, including through its existing miner purchase option with Canaan Inc., additional Bitcoin miner replacements, expansion of Bitcoi Show less Read more
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