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 (NASDAQ:SDIG) reported Q2 2024 GAAP EPS of $(1.25), missing the $(0.46) estimate by 171.74%. Sales were $19.104M, missing the $20.150M estimate by 5.19%, but up 4.77% from last year's $18.234M.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:32 pm

Shares of Tellurian Inc. (NASDAQ:TELL) surged 65% in pre-market trading after Woodside Energy announced plans to acquire the company for $900 million in an all-cash deal. Other notable pre-market movers include Netcapital Inc. (NASDAQ:NCPL), Serve Robotics Inc. (NASDAQ:SERV), and Ryanair Holdings plc (NASDAQ:RYAAY).

Portfolio Pulse from Avi Kapoor

July 22, 2024 | 9:24 am

Shares of crypto stocks are trading higher amid a rebound in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:45 pm

Shares of crypto-related stocks are trading higher due to strength in Bitcoin following softer-than-expected May CPI figures.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:46 pm

Stronghold Digital Mining, Inc. (NASDAQ:SDIG) reported mining 82 Bitcoin and generating $5.2 million in revenue in May 2024, a 46% decrease from April 2024. The decline was primarily due to the Bitcoin halving event, a slight drop in Bitcoin price, and lower transaction fees.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 8:30 pm

The article highlights the performance of various Information Technology stocks during Friday's after-market session. Notable gainers include Focus Universal, CISO Global, Verb Tech, Autodesk, Inuvo, and Stronghold Digital Mining. On the losing side, Baijiayun Group, TROOPS, Maxeon Solar Technologies, Brand Engagement Network, NextNav, and GSE Systems saw declines.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 8:32 pm

The article highlights the performance of various Information Technology stocks during Friday's after-market session. Notable gainers include Verb Tech, Infobird Co, Stronghold Digital Mining, Banzai International, Nano Labs, and AEye. On the losing side, Cemtrex, Roadzen, Strong Global, X3 Holdings, Ascent Solar Technologies, and SkyWater Technology saw declines.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 8:30 pm

In Friday's after-market session, several Information Technology stocks showed notable movements. Akoustis Technologies, Ascent Solar Technologies, CISO Global, Cyngn, Rackspace Tech, and Stronghold Digital Mining were among the gainers, with increases ranging from 3.18% to 10.9%. Conversely, Canaan, Soluna Holdings, XIAO-I, ReAlpha Tech Corp, Atomera, and Bit Origin experienced declines between 2.47% and 5.0%.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 8:31 pm

In Friday's after-market session, several information technology stocks showed notable movements. Baijiayun Group led the gainers with a 14.8% increase, while MMTEC experienced the largest drop among the losers, declining by 10.5%. Other notable companies such as Wrap Technologies, Sonim Technologies, and Evolv Technologies also saw their stock prices increase. Conversely, companies like DZS, Greenidge Generation Holdings, and Pixelworks faced declines.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 8:31 pm

Stronghold Digital Mining (NASDAQ:SDIG) reported Q1 earnings of $0.35 per share, surpassing the $(0.22) estimate, marking a 250% increase from last year. However, their Q1 sales of $27.52M fell short of the $29.01M estimate, despite being a 59.40% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:31 pm

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