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Stock impact report

Digihost Provides May 2024 Production Update and Operations Update [Yahoo! Finance]

Digihost Technology Inc. (DGHI) 
Company Research Source: Yahoo! Finance
blockchain technology and computer infrastructure company, is pleased to provide unaudited comparative Bitcoin (“ BTC ”) production results for the month ended May 31, 2024, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated. Monthly Production Highlights for May 2024 The Company held cash, BTC and cash deposits of approximately $6.0 million as of May 30, 2024 (based on a BTC price of $68,500 as of May 30, 2024 per CoinMarketCap), as compared to $6.7 million as of April 30, 2024 (based on a BTC price of $60,970 as of April 30, 2024 per CoinMarketCap). Between self-mining and hosting agreements, miners at the Company's facilities produced approximately 50 BTC during the month of May, as the full impact of the Bitcoin halving event that occurred during the month of April, which reduced the rewards available for mining, were experienced this month. Spent approximately $2.2 million on capital expenditures, mining infrastruct Show less Read more
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