Streetbeat News

DGHI

Digihost Technology Inc.

https://digihost.ca/docs/

Industry

Software - Application

Digihost Technology Inc. operates as a blockchain technology company that focuses on digital currency mining in the United States. It mines for cryptocurrency. The company was incorporated in 2017 and is headquartered in Toronto, Canada.

Open

2.13

Mkt cap

61M

Volume

257K

High

2.13

P/E Ratio

-3.38

52-wk high

2.54

Low

1.81

Div yield

N/A

52-wk low

0.84

Digihost Technology Inc. held its Q3 2024 earnings call, discussing financial results and company performance.

Portfolio Pulse from

November 15, 2024 | 3:45 pm

Digihost Technology Inc. reported $31.4 million in year-to-date revenue, marking a 104% increase compared to the previous year. The company released its unaudited financial results for Q3 2024, highlighting significant growth in its operations.

Portfolio Pulse from

November 15, 2024 | 11:15 am

Digihost released its October 2024 production update, reporting cash, BTC, and cash deposits totaling approximately $9 million as of October 31.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:14 am

HC Wainwright & Co. has reiterated its Buy rating for Digihost Technology, maintaining a price target of $2.5. This suggests confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 10:18 am

Digihost reported a 30% increase in Bitcoin production in August 2024, with miners producing approximately 55 BTC compared to July.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 10:07 am

Digihost reported a 50% increase in its cash and crypto holdings, totaling $10.4 million as of August 31, 2024. This includes cash, Bitcoin, and cash deposits.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 10:06 am

Digihost Technology shares are trading higher following the announcement of a $4 million private placement.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 4:26 pm

Digihost Technology Inc. announced a $4 million private placement consisting of 3,636,363 units at $1.10 per unit, a 9% premium to its most recent Nasdaq closing price. Each unit includes one share and one warrant with a $2.00 exercise price. Proceeds will be used for infrastructure expansion and working capital.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 4:21 pm

Digihost has released its production details for May 2024, reporting that it holds cash, BTC, and cash deposits totaling approximately $6 million as of May 30. The company also spent $2.2 million on capital expenditures, mining infrastructure support equipment, and deposits.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 10:04 am

HC Wainwright & Co. analyst Kevin Dede has reiterated a Buy rating on Digihost Technology (NASDAQ:DGHI) and maintained a price target of $2.5.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 9:29 am

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