Stronghold Digital Mining, Inc. (SDIG)

NASDAQ: SDIG · IEX Real-Time Price · USD
7.30
-2.46 (-25.20%)
At close: Dec 29, 2023, 4:00 PM
7.62
+0.32 (4.38%)
After-hours: Dec 29, 2023, 7:59 PM EST
-25.20%
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]

Industry Capital Markets
Sector Financials
IPO Date Oct 20, 2021
Employees 168
Stock Exchange NASDAQ
Ticker Symbol SDIG
Full Company Profile

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 Statements

Analyst 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.

Price Target
$17.5
(139.73% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

9 days ago - GlobeNewsWire

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

24 days ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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....

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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:

6 months ago - GlobeNewsWire

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:

7 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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, ...

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire