Stronghold Announces Third Quarter 2024 Operating and Financial Results
Stronghold Digital Mining, Inc. (SDIG)
NASDAQ:AMEX Investor Relations:
prnewswire.com/news-releases/stationdigital-offers-investors-mobile-access-to-company-information-through-ios-and-android-investor-relations-app-266774151.html
Company Research
Source: GlobeNewswire
NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced the following: Recent Financial Highlights Revenues of $11.2 million, down 42% sequentially and 37% year-over-year. Revenues comprised $10.6 million from cryptocurrency operations and $0.5 million from the sale of energy.GAAP Net Loss of $22.7 million and non-GAAP Adjusted EBITDA Loss of $5.5 million. Merger Agreement with Bitfarms On August 21, 2024, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Bitfarms Ltd., a corporation incorporated under the Canada Business Corporations Act and continued under the Business Corporations Act (Ontario) (“Bitfarms”) and certain affiliates of Bitfarms. Under the terms of the Merger Agreement, Stronghold shareholders will receive 2.52 common shares of Bitfarms for each share of Stronghold common stock that they own. The Merger Agreement has been unanimou
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SDIG
News
- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) was upgraded by analysts at B. Riley from a "hold" rating to a "strong-buy" rating.MarketBeat
- Stronghold Digital Mining Inc (SDIG) Q3 2024 Earnings Call Highlights: Transformative Merger ... [Yahoo! Finance]Yahoo! Finance
- Stronghold Digital Mining, Inc. (SDIG) Reports Q3 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Stronghold Digital Mining Sets Third Quarter 2024 Earnings Conference Call for Wednesday, November 13 at 8:30 a.m. Eastern TimeGlobeNewswire
- Stronghold Digital Mining Announces CFO TransitionGlobeNewswire
SDIG
Earnings
- 11/13/24 - Miss
SDIG
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/13/24 - Form 10-Q
- SDIG's page on the SEC website