Stronghold Digital Mining, Inc. (SDIG)

NASDAQ: SDIG · IEX Real-Time Price · USD
3.850
+0.125 (3.36%)
Jul 19, 2024, 11:26 AM EDT - Market open
3.36%
Market Cap 48.75M
Revenue (ttm) 85.22M
Net Income (ttm) -37.93M
Shares Out 12.97M
EPS (ttm) -1.79
PE Ratio n/a
Forward PE 2.66
Dividend n/a
Ex-Dividend Date n/a
Volume 149,410
Open 3.750
Previous Close 3.725
Day's Range 3.622 - 3.910
52-Week Range 1.650 - 11.560
Beta 2.82
Analysts Strong Buy
Price Target 6.83 (+77.4%)
Earnings Date Aug 8, 2024

About SDIG

Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on Bitcoin mining in the United States. It operates in two segments, Energy Operations and Cryptocurrency Operations. It also owns and operates coal refuse power generation facilities; and provides environmental remediation and reclamation services. The company was incorporated in 2021 and is headquartered in New York, New York. [Read more]

Industry Capital Markets
Sector Financials
IPO Date Oct 20, 2021
Employees 115
Stock Exchange NASDAQ
Ticker Symbol SDIG
Full Company Profile

Financial Performance

In 2023, SDIG's revenue was $74.97 million, a decrease of -31.99% compared to the previous year's $110.22 million. Losses were -$71.40 million, -20.01% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SDIG stock is "Strong Buy." The 12-month stock price forecast is $6.83, which is an increase of 77.40% from the latest price.

Price Target
$6.83
(77.40% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Stronghold Provides June 2024 Bitcoin Mining and Operational Update

NEW YORK, July 05, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold” or the “Company”) today provided the following updates regarding its operations and financial p...

13 days ago - GlobeNewsWire

Stronghold Provides May 2024 Bitcoin Mining and Operational Update

NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold” or the “Company”) today provided the following updates regarding its operations and financial p...

5 weeks ago - GlobeNewsWire

Stronghold Announces First Quarter 2024 Operating and Financial Results

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced financial and operational results for the first quarter...

2 months ago - GlobeNewsWire

Stronghold Announces Preliminary First Quarter 2024 Results

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today reported preliminary unaudited financial results for the first quarte...

3 months ago - GlobeNewsWire

Stronghold Provides March 2024 Bitcoin Mining and Operational Update

NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold” or the “Company”) today provided the following updates regarding its operations and financial ...

3 months ago - GlobeNewsWire

Stronghold Announces Fourth Quarter 2023 Operating and Financial Results

NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced financial and operational results for the fourth quar...

4 months ago - GlobeNewsWire

Stronghold Digital Mining Sets Fourth Quarter and Full Year 2023 Earnings Conference Call for Wednesday, March 6 at 11:00 a.m. Eastern Time

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) will host a conference call on Wednesday, March 6 at 11:00 a.m. Eastern Time...

5 months ago - GlobeNewsWire

Stronghold Announces January Bitcoin Mining and Carbon Capture Update

NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold” or the “Company”) today provided the following updates regarding its operations and financial p...

5 months ago - GlobeNewsWire

Canaan Secures Follow-On Purchase Orders from Cipher and Stronghold

Cipher's JV entities have purchased 16,700 A1466 model Avalon Miners; the 11,000 previously bought A1346 model Avalon Miners have been delivered and installed at Cipher's Odessa Facility Stronghold ha...

Other symbols: CANCIFR
7 months ago - PRNewsWire

Stronghold Announces Addition of up to ~1 EH/s Through Bitcoin Miner Purchases and an Option to Purchase Bitcoin Miners

Purchases 5,000 Bitcoin Miners with Aggregate Hash Rate Capacity of ~600 PH/s and Average Efficiency of ~25 J/T, All Expected to Be Delivered in January 2024

7 months ago - GlobeNewsWire

Stronghold Enters Into $15 Million Private Placement

NEW YORK, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today announced that it entered into a securities purchase agreement with an...

7 months ago - GlobeNewsWire

Stronghold Announces November 2023 Bitcoin Mining Update

Reminder of December 12th Stronghold Business Strategy Update and Carbon Capture Panel Reminder of December 12th Stronghold Business Strategy Update and Carbon Capture Panel

8 months ago - GlobeNewsWire

Stronghold to Host Analyst and Investor Day on December 12, 2023

NEW YORK, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold” or the “Company”), an environmentally beneficial and vertically integrated mining-waste-to-powe...

8 months ago - GlobeNewsWire

Stronghold Announces Third Quarter 2023 Operating and Financial Results and Launches Carbon Capture Initiative

NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced the following: Recent Operational and Financial Highli...

8 months ago - GlobeNewsWire

Stronghold Announces Bitcoin Mining Update and Frontier Managed Services Agreement

NEW YORK, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today provided the following updates regarding its operations and financial ...

9 months ago - GlobeNewsWire

Stronghold Digital Mining Announces Participation in the H.C. Wainwright 25th Annual Global Investment Conference

NEW YORK, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today announced that the company will participate in the H.C. Wainwright 25...

11 months ago - GlobeNewsWire

Stronghold Digital Mining Reports Second Quarter 2023 Results and Provides Operational Update

NEW YORK, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced financial and operational results for the quarter ende...

1 year ago - GlobeNewsWire

Stronghold Announces Second Quarter 2023 Operations and Financial Update

Reschedules Second Quarter 2023 Earnings Conference Call for Thursday, August 10 at 10:00 a.m. Eastern Time Reschedules Second Quarter 2023 Earnings Conference Call for Thursday, August 10 at 10:00 a....

1 year ago - GlobeNewsWire

Stronghold Digital Mining Sets Second Quarter 2023 Earnings Conference Call for Thursday, August 10 at 11:00 a.m. Eastern Time

NEW YORK, July 28, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) will host a conference call on Thursday, August 10 at 11:00 a.m. Eastern Tim...

1 year ago - GlobeNewsWire

Stronghold Digital Mining Purchases 2,000 New A1346 Bitcoin Miners From Canaan Inc. and the Companies Expand Their Existing Bitcoin Mining Agreement with an Additional 2,000 A1346 Miners

Total Addition of ~430 PH/s to be delivered to Stronghold's Panther Creek Facility in the Third Quarter Total Addition of ~430 PH/s to be delivered to Stronghold's Panther Creek Facility in the Third ...

1 year ago - GlobeNewsWire

Stronghold Digital Mining Provides June 2023 Bitcoin Mining Update

NEW YORK, July 05, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today provided the following operational update:

1 year ago - GlobeNewsWire

Stronghold Digital Mining Reaches Hash Rate Milestone of 3.0 EH/s

NEW YORK, May 30, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today provided an operational update on its Bitcoin mining operations:

1 year ago - GlobeNewsWire

Stronghold Digital Mining Announces Reverse Stock Split

NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) announced today that it will effect a 1-for-10 reverse stock split (“Reverse ...

1 year ago - GlobeNewsWire

Stronghold Digital Mining Sets First Quarter 2023 Earnings Conference Call for Thursday, May 11 at 11:00 a.m. Eastern Time

NEW YORK, April 28, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) will host a conference call on Thursday, May 11 at 11:00 a.m. Eastern Time ...

1 year ago - GlobeNewsWire

Stronghold Digital Mining Closes $10 Million Private Placement and Announces Addition of 600 PH/s through the Purchase of 5,000 MicroBT Whatsminer M50 Bitcoin Miners

NEW YORK, April 21, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today announced that it closed the previously announced securities purchase...

1 year ago - GlobeNewsWire