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) announced that it mined 196 Bitcoin in September 2023, generating approximately $0.2 million in energy revenue. The company experienced an unplanned outage at its Scrubgrass power plant, affecting operations. However, it achieved an all-time-high hash rate of 3.5 exahash per second by the end of the month. Stronghold also entered into a Managed Services Agreement with Frontier Mining to optimize its data centers.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 8:35 pm

Several Information Technology stocks experienced significant movement in Thursday's after-market session. Gainers included UTime (WTO), Comtech Telecom (CMTL), Oblong (OBLG), Intrusion (INTZ), Stronghold Digital Mining (SDIG), and AEye (LIDR). Losers included SMART Glb Hldgs (SGH), Belden (BDC), SMX (Security Matters) (SMX), ComSovereign Holding (COMS), AgileThought (AGIL), and Taoping (TAOP). Q4 earnings reports for Comtech Telecom and SMART Glb Hldgs were released.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 9:31 pm

During Wednesday's pre-market session, several information technology stocks experienced significant movement. SoundHound AI, Tempo Automation Holdings, Soluna Holdings, Inpixon, Nortech Systems, and Stronghold Digital Mining saw increases in their stock prices. Conversely, Peraso, GSE Systems, Infobird Co, MicroAlgo, AgileThought, and UTime experienced decreases.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 1:06 pm

In Friday's after-market session, several IT stocks saw significant movement. MMTEC, Datasea, Stronghold Digital Mining, Greenidge Generation Hldg, Wrap Technologies, and SatixFy Communications saw gains ranging from 4.2% to 7.0%. Meanwhile, CalAmp, GSE Systems, MicroAlgo, Akerna, WeTrade Group, and Aurora Mobile experienced losses between 3.47% and 8.6%.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 9:31 pm

In Thursday's after-market session, several information technology stocks saw significant movement. Gainers included Ondas Holdings (ONDS), Movella Holdings (MVLA), Aeva Technologies (AEVA), SMX (Security Matters), Phunware (PHUN), and Atomera (ATOM). Losers included MMTEC (MTC), BIO-key Intl (BKYI), MariaDB (MRDB), Stronghold Digital Mining (SDIG), Auddia (AUUD), and Zenvia (ZENV).

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 9:31 pm

Several information technology stocks experienced significant movement in Monday's pre-market session. MariaDB (MRDB), ClearOne (CLRO), Intrusion (INTZ), Greenidge Generation Hldg (GREE), Stronghold Digital Mining (SDIG), and TeraWulf (WULF) saw their stocks rise, while FOXO Technologies (FOXO), Inuvo (INUV), Bitdeer Technologies (BTDR), Soluna Holdings (SLNH), Cepton (CPTN), and Akerna (KERN) experienced a decline in their stock prices.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 1:05 pm

In Thursday's pre-market session, several information technology stocks showed significant movement. PFSweb (PFSW), Stronghold Digital Mining (SDIG), Ondas Holdings (ONDS), Glimpse Group (VRAR), Airspan Networks Hldgs (MIMO), and Research Solutions (RSSS) saw gains, with PFSweb leading with a 48.3% increase. On the other hand, MicroCloud Hologram (HOLO), WeTrade Group (WETG), Verb Tech (VERB), T Stamp (IDAI), Aurora Mobile (JG), and UTime (WTO) experienced losses, with MicroCloud Hologram leading the decline with a 9.4% decrease.

Portfolio Pulse from Benzinga Insights

September 14, 2023 | 1:05 pm

Several stocks experienced significant price movements in Tuesday's mid-day session. Tenon Medical withdrew its proposed public offering, causing its shares to climb 63.5%. Avalo Therapeutics agreed to divest AVTX-800 series, leading to a 52.6% gain. Cognyte Software reported better-than-expected Q2 results and issued FY24 guidance above estimates, resulting in a 24.8% gain. Xos was awarded a contract by the State of California, causing a 23% gain. The Beauty Health Company announced a business transformation program and a $100 million share repurchase, leading to a 16.6% jump. On the other hand, Acelyrin shares fell 60.8% after announcing disappointing trial results. CS Disco shares fell 22.1% after the company announced its CEO's departure.

Portfolio Pulse from Lisa Levin

September 12, 2023 | 5:44 pm

During Tuesday's intraday session, several information technology stocks experienced significant movements. Mercurity Fintech Holding (MFH), NextNav (NN), Semantix (STIX), AgileThought (AGIL), Stronghold Digital Mining (SDIG), and MicroCloud Hologram (HOLO) saw their stocks rise, with increases ranging from 11.26% to 20.7%. On the other hand, Datasea (DTSS), CS Disco (LAW), Verb Tech (VERB), CXApp (CXAI), Oracle (ORCL), and SEALSQ (LAES) experienced declines in their stock prices, with decreases ranging from 11.46% to 47.5%.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 5:31 pm

During Friday's after-market session, several information technology stocks experienced significant movement. Mobilicom (NASDAQ:MOB), Akerna (NASDAQ:KERN), VirnetX Holding (NYSE:VHC), Castellum (AMEX:CTM), Kaltura (NASDAQ:KLTR), and Stronghold Digital Mining (NASDAQ:SDIG) saw gains, while AEye (NASDAQ:LIDR), Argo Blockchain (NASDAQ:ARBK), SatixFy Communications (AMEX:SATX), Rekor Systems (NASDAQ:REKR), Cyngn (NASDAQ:CYN), and DatChat (NASDAQ:DATS) experienced losses.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 9:31 pm

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