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

In March 2024, Stronghold Digital Mining (SDIG) reported mining 179 Bitcoin and generating approximately $0.1M in energy revenue, leading to an estimated total revenue of $11.1M for the month.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:02 pm

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 3:47 pm

HC Wainwright & Co. analyst Kevin Dede has reiterated a Buy rating on Stronghold Digital Mining (NASDAQ:SDIG) and maintained a $7 price target.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 12:22 pm

Stronghold Digital Mining (NASDAQ:SDIG) reported Q4 sales of $21.74M, missing the consensus estimate of $22.21M by 2.12% and marking a 7.12% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:36 pm

Numerous companies are scheduled to report their earnings on March 6, 2024, covering a wide range of industries from technology to retail. Notable mentions include JD.com with expected earnings of $0.63 per share on a revenue of $42.16 billion, and Abercrombie & Fitch forecasting $2.83 per share on $1.43 billion revenue. Other companies like Foot Locker, Thor Industries, and Campbell Soup are also set to report their earnings, alongside firms expected to report losses such as WAVE Life Sciences and EVgo.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 10:00 am

Stronghold Digital Mining (NASDAQ:SDIG) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $-0.98. The company's past earnings performance shows a mix of misses and beats against estimates, with varying impacts on its stock price. Shares are currently trading at $4.87, down 10.79% over the last year. Investors will be keenly watching for both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 7:03 pm

In Wednesday's after-market session, several information technology stocks showed significant movement. Olo (OLO) led the gainers with an 18.5% increase following its Q4 earnings release, while Ostin Technology Group (OST) led the losers with a 10.2% decrease. Other notable movers included Banzai International (BNZI), Cyngn (CYN), and Five9 (FIVN), which also released its Q4 earnings.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:30 pm

Stronghold Digital Mining, Inc. reported mining 192 Bitcoin in January. This performance update highlights the company's operational status and its contribution to the cryptocurrency mining industry.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:11 pm

Stronghold Digital Mining has requested the withdrawal of its Form S-3 registration statement, initially filed with the SEC on December 5, 2023.

Portfolio Pulse from Charles Gross

February 06, 2024 | 10:04 pm

In Tuesday's pre-market session, several information technology stocks showed significant movement. Cyngn, SMX, Phunware, DZS, WISeKey Intl Holding, and CISO Global were among the gainers, with increases ranging from 7.47% to 35.1%. Conversely, Presto Automation, Nvni Group, Stronghold Digital Mining, ARB IOT Group, Oblong, and Akerna experienced declines between 5.0% and 11.1%. Market capitalizations for these companies vary, with Cyngn at $8.8 million and Phunware at $113.5 million.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 1:06 pm

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