Digihost Increases Month Over Month BTC Output By 21%
Portfolio Pulse from Benzinga Newsdesk
Digihost Technology Inc. (NASDAQ:DGHI) reported a 21% increase in its Bitcoin production for September 2023 compared to the previous month. The company also saw a 10% increase in its cash, Bitcoin, and cash deposits, reaching $2.4 million. Digihost did not purchase or sell any miners during the month and continues to monetize a portion of its Bitcoin production to fully fund its energy costs.
October 03, 2023 | 9:32 am
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POSITIVE IMPACT
Digihost's increased Bitcoin production and cash deposits indicate a positive financial performance, which could potentially boost its stock price.
Digihost's increased Bitcoin production and cash deposits indicate a positive financial performance. This could attract investors, leading to an increase in demand for the company's stock and potentially boosting its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100