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Stronghold Digital Mining, Inc. (SDIG)
After hours:
- 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 quarter ended March 31, 2024: First Quarter 2024 Financial Performance Stronghold generated an estimated $27.5 million of revenue, an estimated $5.8 million of GAAP Net Income, and an estimated $8.7 million of adjusted EBITDA1 during the first quarter of 2024. Revenue comprised an estimated $26.7 million
- 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 performance: Bitcoin Mining Update Stronghold mined 179 Bitcoin in March 2024 and generated approximately $0.1 million in energy revenue, which represents the equivalent of approximately one additional Bitcoin based on the average price of Bitcoin during the month. This equates to approximately 180
- Reuters
Crypto miner, Pennsylvania hit with lawsuit over pollution from bitcoin mine
An environmental community group on Tuesday sued Stronghold Digital Mining Inc, claiming the company's bitcoin mine in northeastern Pennsylvania that burns waste coal and old tires for energy is polluting nearby communities with dangerous chemicals. The lawsuit by Save Carbon County filed in state court in Philadelphia, also names Pennsylvania as a defendant. The group said Stronghold has created a public and private nuisance by releasing mercury into waterways and spewing harmful chemicals like sulfur dioxide into the air from an aging power plant it bought to power its energy-thirsty operations.
