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 Thursday's intraday session, several information technology stocks experienced significant movements. Minim (MINM) saw a dramatic increase of 141.6%, while Mobix Labs (MOBX) and Stronghold Digital Mining (SDIG) also posted substantial gains. Conversely, Infobird Co (IFBD), Taoping (TAOP), and Perfect (PERF) were among the stocks that fell sharply.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 5:31 pm

Canaan Inc. (CAN) has secured follow-on purchase orders for over 17,000 Bitcoin mining machines from Cipher Mining Inc. (CIFR) and Stronghold Digital Mining, Inc. (SDIG). Cipher's JV entities bought 16,700 A1466 model Avalon Miners, while Stronghold purchased 1,100 A1346 model Avalon Miners. Both companies have previously installed Canaan's machines at their facilities, and the new orders will be delivered in 2024. The CEOs of Canaan, Cipher, and Stronghold expressed positive sentiments about the partnerships and the performance of Canaan's mining technology.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 9:35 pm

Stronghold Digital Mining (SDIG) has executed agreements to purchase 5,000 Bitcoin miners for approximately $8.5 million on December 26, 2023. These miners have a total hash rate capacity of around 600 PH/s and an average efficiency of 25 J/T. Delivery is expected in January 2024. Additionally, Stronghold has an option to buy 2,500 Canaan Avalon A1466 Bitcoin miners with a total hash rate capacity of 360 PH/s and an expected efficiency of 21.5 J/T. The company also provided an update on its Bitcoin mining operations for December.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:39 pm

LumiraDx Limited (NASDAQ:LMDX) shares dropped by 20% in pre-market trading following the announcement of selling its point-of-care technology platform to Roche. Other stocks experienced significant movements in pre-market trading, with various companies listed as gainers and losers based on their recent performance and news.

Portfolio Pulse from Avi Kapoor

January 02, 2024 | 1:08 pm

In Monday's intraday session, several information technology stocks experienced significant movements. Gainers included Signing Day Sports (SGN), Infobird Co (IFBD), Inuvo (INUV), WaveDancer (WAVD), SecureWorks (SCWX), and Movano (MOVE), with increases ranging from 12.7% to 44.9%. Conversely, BTCS (BTCS), Bitdeer Technologies (BTDR), Stronghold Digital Mining (SDIG), TeraWulf (WULF), The9 (NCTY), and SMX (Security Matters) (SMX) were among the losers, with declines between 19.32% and 29.7%.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 5:30 pm

In Friday's intraday trading session, several information technology stocks experienced significant movements. Infobird Co, WaveDancer, and Taoping saw their stocks rise by over 19%, while Bitdeer Technologies, Stronghold Digital Mining, DatChat, TeraWulf, Mawson Infra Gr, and Iris Energy faced sharp declines, with Bitdeer Technologies dropping by 28.2%. These movements reflect notable volatility in the IT sector, with market capitalizations ranging from a few million to over a billion dollars.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 5:30 pm

In Thursday's intraday session, several information technology stocks experienced significant movements. SilverSun Technologies (SSNT) led the gainers with a 35.6% increase, while SAI.TECH Global (SAI) experienced the largest drop among the losers, falling 14.0%. Other notable gainers include DatChat (DATS), ClearOne (CLRO), BIO-key Intl (BKYI), FOXO Technologies (FOXO), and Phunware (PHUN). On the losing side, Mawson Infra Gr (MIGI), OMNIQ (OMQS), Saverone 2014 (SVRE), Stronghold Digital Mining (SDIG), and Iris Energy (IREN) also saw their stock prices decline.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 5:31 pm

Stronghold Digital Mining is reportedly picked by Zacks Home Run Investor Newsletter, which may influence investor interest and stock performance.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 4:54 pm

In Thursday's pre-market session, several information technology stocks showed significant movement. LAES led the gainers with a 92.2% rise, while ARBB experienced the largest drop among the losers, declining by 8.2%. Other notable gainers include FKWL, WULF, BTDR, QMCO, and GREE. On the losing side, BTCT, CLSK, KERN, SDIG, and SAI also saw their share prices fall.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 1:06 pm

In Monday's intraday session, several information technology stocks experienced significant movements. ComSovereign Holding (COMSP) led the gainers with a 44.2% increase, while Cemtrex (CETX) saw the largest drop among the losers, falling 19.4%. Other notable gainers included Argo Blockchain (ARBK), Stronghold Digital Mining (SDIG), Roadzen (RDZN), Canaan (CAN), and Bitdeer Technologies (BTDR). On the losing side, Strong Global (SGE), GSI Technology (GSIT), Minim (MINM), and XIAO-I (AIXI) also saw their share prices decline.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 5:31 pm

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