Streetbeat News

SDIG

Stronghold Digital Mining, Inc.

https://www.strongholddigitalmining.com

Industry

Financial - Capital Markets

Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. It also operates coal refuse power generation facilities. The company was incorporated in 2021 and is headquartered in New York, New York.

Open

5.18

Mkt cap

77M

Volume

928K

High

5.35

P/E Ratio

-3.81

52-wk high

11.56

Low

5.10

Div yield

N/A

52-wk low

1.65

Stronghold Digital Mining, Inc. (NASDAQ:SDIG) has reported a 43% growth in Bitcoin mining, with 626 Bitcoin mined in Q2 2023. The company has also energized 2,000 Avalon 1346 Bitcoin mining rigs as part of its Canaan Bitcoin Mining Agreement. Stronghold is evaluating opportunities to fill its remaining data center slots and expects to fill its existing 4 EH/s of data center capacity by Q3 2023.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:35 pm

During Tuesday's intraday session, several information technology stocks experienced significant movements. Gainers included Rekor Systems (REKR), Greenidge Generation Hldg (GREE), BIT Mining (BTCM), Stronghold Digital Mining (SDIG), Iris Energy (IREN), and Bit Origin (BTOG). Losers included ICZOOM Group (IZM), Intchains Gr (ICG), Powerbridge Technologies (PBTS), AudioEye (AEYE), Astrotech (ASTC), and CoreCard (CCRD).

Portfolio Pulse from Benzinga Insights

July 04, 2023 | 5:37 pm

During Monday's intraday session, several information technology stocks experienced significant movements. Gainers included Rekor Systems (REKR), Greenidge Generation Hldg (GREE), BIT Mining (BTCM), Stronghold Digital Mining (SDIG), Iris Energy (IREN), and Bit Origin (BTOG). Losers included ICZOOM Group (IZM), Intchains Gr (ICG), Powerbridge Technologies (PBTS), AudioEye (AEYE), Astrotech (ASTC), and CoreCard (CCRD).

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 5:37 pm

12 IT stocks experienced significant price movements in Friday's pre-market session, with BTCS, COMS, LAES, SDIG, COHR, and TLS among the gainers, while ALAR, SOFO, MVIS, MFH, CWAN, and ARBK were the losers.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 1:07 pm

On Thursday, 64 companies hit new 52-week lows, with Royalty Pharma being the largest by market cap and Bone Biologics the smallest. Bone Biologics also saw the largest drop, with shares down 54.71%, while Castellum shares bounced back the most, rising 0.0% after hitting a new low.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 6:53 pm

Stronghold Digital Mining has filed for the offer and sale of up to 1.9 million shares of Class A common stock.

Portfolio Pulse from Charles Gross

May 23, 2023 | 9:28 pm

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