Stronghold Provides March 2024 Bitcoin Mining and Operational Update
Stronghold Digital Mining, Inc. (SDIG)
NASDAQ:AMEX Investor Relations:
prnewswire.com/news-releases/stationdigital-offers-investors-mobile-access-to-company-information-through-ios-and-android-investor-relations-app-266774151.html
Company Research
Source: GlobeNewswire
NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold” or the “Company”) today provided the following updates regarding its operations and financial performance: Bitcoin Mining Update Stronghold mined 179 Bitcoin in March 2024 and generated approximately $0.1 million in energy revenue, which represents the equivalent of approximately one additional Bitcoin based on the average price of Bitcoin during the month. This equates to approximately 180 of Bitcoin-equivalent production in March 2024, up approximately 4% from 173 Bitcoin-equivalent production in February 2024. The Company generated an estimated $11.1 million of revenue during March, an increase of 37% and 94% compared to February 2024 and March 2023, respectively. The primary driver of the sequential increase was a higher hash price of $0.109 per TH/s per day in March compared to $0.084 in February, which was due to a 35.8% higher Bitcoin price, partially offset by l
Show less
Read more
Impact Snapshot
Event Time:
SDIG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SDIG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SDIG alerts
High impacting Stronghold Digital Mining, Inc. news events
Weekly update
A roundup of the hottest topics
SDIG
News
- 3 Bitcoin Mining Stocks to Watch After the April Halving [Yahoo! Finance]Yahoo! Finance
- Stronghold Announces Preliminary First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Stronghold Announces Preliminary First Quarter 2024 ResultsGlobeNewswire
- Applied Digital, Gryphon Digital Mining among financial movers [Seeking Alpha]Seeking Alpha
- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) had its price target lowered by analysts at Compass Point from $22.00 to $8.50. They now have a "buy" rating on the stock.MarketBeat
SDIG
Earnings
- 3/6/24 - Miss
SDIG
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- SDIG's page on the SEC website