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 (SDIG) is exploring various options to enhance shareholder value, which may include selling the company or parts of it, or engaging in strategic transactions with some or all of its assets.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:04 pm

Trading of Stronghold Digital Mining (SDIG) shares has resumed after a temporary halt. This development is crucial for investors monitoring the stock's performance and market sentiment.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 1:03 pm

Stronghold Digital Mining (NASDAQ:SDIG) reported Q1 sales of $27.52M, missing the consensus estimate of $29.01M by 5.13%, but marking a 59.40% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:30 pm

Trading for SDIG was halted at 8:25:00 a.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:25 pm

Stronghold reported an estimated revenue of $27.5 million for Q1. The company, represented by the ticker SDIG, has made this announcement as a key financial highlight.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:44 pm

In Monday's intraday session, 12 Information Technology stocks showed significant movements. Notably, Matterport (MTTR) surged by 178.7%, while ICZOOM Group (IZM) dropped by 18.7%. Other notable gainers include Stronghold Digital Mining (SDIG) and BIT Mining (BTCM), with increases of 21.93% and 20.1% respectively. On the losing end, WiSA Technologies (WISA) and Marin Software (MRIN) saw declines of 18.37% and 17.69%.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 4:31 pm

In Thursday's intraday session, several Information Technology stocks experienced significant movements. Notably, Smith Micro Software (SMSI) surged 27.2%, and MicroCloud Hologram (HOLO) increased by 24.33%. On the downside, WiSA Technologies (WISA) plummeted by 33.5%. Badger Meter (BMI) also stood out with a 15.24% rise following their Q1 earnings release.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 4:31 pm

In Monday's intraday session, 12 Information Technology stocks showed significant movement. Notable gainers included OMNIQ, Spectaire Holdings, SilverSun Technologies, Edgio, XTI Aerospace, and SMX, with increases ranging from 14.57% to 36.4%. On the downside, VIA optronics, Cyngn, Actelis Networks, Stronghold Digital Mining, Infobird Co, and MariaDB experienced declines between 10.66% and 23.8%.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 4:31 pm

Compass Point analyst Chase White maintains a Buy rating on Stronghold Digital Mining (NASDAQ:SDIG) but lowers the price target from $22 to $8.5.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 4:31 pm

Stronghold Digital Mining (SDIG) announced that in March 2024, it will shut down its Scrubgrass Plant due to low power prices and expectations that this trend will continue. Instead, SDIG will import electricity for its mining operations under an agreement with Champion Energy Services.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:04 pm

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