Stronghold Digital Mining, Inc. (SDIG)
| Market Cap | 82.10M |
| Revenue (ttm) | 76.63M |
| Net Income (ttm) | -81.93M |
| Shares Out | 11.25M |
| EPS (ttm) | -16.41 |
| PE Ratio | n/a |
| Forward PE | 2.66 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,211,548 |
| Open | 9.90 |
| Previous Close | 9.76 |
| Day's Range | 7.01 - 10.10 |
| 52-Week Range | 3.46 - 12.50 |
| Beta | 2.45 |
| Analysts | Strong Buy |
| Price Target | 17.50 (+139.73%) |
| Earnings Date | Nov 14, 2023 |
About SDIG
Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. It also engages in the operation of coal refuse power generation facilities. The company was incorporated in 2021 and is headquartered in New York, New York. [Read more]
Financial Performance
In 2022, SDIG's revenue was $106.03 million, an increase of 242.98% compared to the previous year's $30.92 million. Losses were -$89.26 million, 696.0% more than in 2021.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for SDIG stock is "Strong Buy." The 12-month stock price forecast is $17.5, which is an increase of 139.73% from the latest price.
News
Stronghold Enters Into $15 Million Private Placement
NEW YORK, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today announced that it entered into a securities purchase agreement with an...
Stronghold Announces November 2023 Bitcoin Mining Update
Reminder of December 12th Stronghold Business Strategy Update and Carbon Capture Panel Reminder of December 12th Stronghold Business Strategy Update and Carbon Capture Panel
Stronghold to Host Analyst and Investor Day on December 12, 2023
NEW YORK, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold” or the “Company”), an environmentally beneficial and vertically integrated mining-waste-to-powe...
Stronghold Announces Third Quarter 2023 Operating and Financial Results and Launches Carbon Capture Initiative
NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced the following: Recent Operational and Financial Highli...
Stronghold Announces Bitcoin Mining Update and Frontier Managed Services Agreement
NEW YORK, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today provided the following updates regarding its operations and financial ...
Stronghold Digital Mining Announces Participation in the H.C. Wainwright 25th Annual Global Investment Conference
NEW YORK, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today announced that the company will participate in the H.C. Wainwright 25...
Stronghold Digital Mining Reports Second Quarter 2023 Results and Provides Operational Update
NEW YORK, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced financial and operational results for the quarter ende...
Stronghold Announces Second Quarter 2023 Operations and Financial Update
Reschedules Second Quarter 2023 Earnings Conference Call for Thursday, August 10 at 10:00 a.m. Eastern Time Reschedules Second Quarter 2023 Earnings Conference Call for Thursday, August 10 at 10:00 a....
Stronghold Digital Mining Sets Second Quarter 2023 Earnings Conference Call for Thursday, August 10 at 11:00 a.m. Eastern Time
NEW YORK, July 28, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) will host a conference call on Thursday, August 10 at 11:00 a.m. Eastern Tim...
Stronghold Digital Mining Purchases 2,000 New A1346 Bitcoin Miners From Canaan Inc. and the Companies Expand Their Existing Bitcoin Mining Agreement with an Additional 2,000 A1346 Miners
Total Addition of ~430 PH/s to be delivered to Stronghold's Panther Creek Facility in the Third Quarter Total Addition of ~430 PH/s to be delivered to Stronghold's Panther Creek Facility in the Third ...
Stronghold Digital Mining Provides June 2023 Bitcoin Mining Update
NEW YORK, July 05, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today provided the following operational update:
Stronghold Digital Mining Reaches Hash Rate Milestone of 3.0 EH/s
NEW YORK, May 30, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today provided an operational update on its Bitcoin mining operations:
Stronghold Digital Mining Announces Reverse Stock Split
NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) announced today that it will effect a 1-for-10 reverse stock split (“Reverse ...
Stronghold Digital Mining Sets First Quarter 2023 Earnings Conference Call for Thursday, May 11 at 11:00 a.m. Eastern Time
NEW YORK, April 28, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) will host a conference call on Thursday, May 11 at 11:00 a.m. Eastern Time ...
Stronghold Digital Mining Closes $10 Million Private Placement and Announces Addition of 600 PH/s through the Purchase of 5,000 MicroBT Whatsminer M50 Bitcoin Miners
NEW YORK, April 21, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today announced that it closed the previously announced securities purchase...
Stronghold Digital Mining Announces $10 Million Private Placement to Fund Purchase of Bitcoin Miners
NEW YORK, April 21, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today announced that it has entered into securities purchase agreements wit...
Stronghold Digital Mining Reports Fourth Quarter and Full Year 2022 Results and Provides Operational Update
NEW YORK, March 29, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced financial and operational results for the fourth quar...
Stronghold Announces Fourth Quarter 2022 Operations and Financial Update and Provides Updates on Key Business Initiatives
NEW YORK, March 22, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) provided the following updates regarding its operations and financial perfo...
Stronghold Digital Mining Sets Fourth Quarter and Full Year 2022 Earnings Conference Call for Wednesday, March 29 at 11:00 a.m. Eastern Time
NEW YORK, March 20, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) will host a conference call on Wednesday, March 29 at 11:00 a.m. Eastern Ti...
Stronghold Digital Mining Strengthens Financial Position through Credit Agreement Amendment and Two-Year Foundry Hosting Agreement
NEW YORK, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today announced that it, its affiliate, Stronghold Digital Mining Holdings, ...
Stronghold Digital Mining Reports Third Quarter 2022 Results and Provides Operational Update and Initial 2023 Guidance
NEW YORK, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (Nasdaq: SDIG) (“Stronghold,” or the “Company”) today reported financial results for its third quarter ended September 30, 2...
Stronghold Digital Mining Sets Third Quarter 2022 Earnings Conference Call for Wednesday, November 9 at 5:00 p.m. Eastern Time
NEW YORK, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) will host a conference call on Wednesday, November 9 at 5:00 p.m. Eastern Ti...
Stronghold Digital Mining Announces Extinguishment of Debt and Closing of Previously Announced WhiteHawk Restructuring
NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today announced (i) the extinguishment of the final approximately $2.1 milli...
Stronghold Digital Mining Provides Update on Previously Announced Debt Reduction and Favorable Mutual Termination of Northern Data Hosting Agreement
NEW YORK, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today provided an update on its previously announced agreement with NYDIG AB...
Stronghold Digital Mining Announces $9 Million Private Placement; Additional Details on Improved Efficiency and Cost Reduction Program
NEW YORK, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) has entered into a securities purchase agreement with each of an institutio...