Stronghold Digital Mining (SDIG) Issues January Bitcoin Mining and Carbon Capture Update

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Go back to Stronghold Digital Mining (SDIG) Issues January Bitcoin Mining and Carbon Capture Update

Stronghold Announces January Bitcoin Mining and Carbon Capture Update

February 8, 2024 8:10 AM EST

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 performance:

Bitcoin Mining Update

Stronghold mined 192 Bitcoin in January 2024 and generated approximately $0.4 million in energy revenue, which represents the equivalent of approximately 10 additional Bitcoin based on the average price of Bitcoin during the month. This equates to approximately 202 of Bitcoin-equivalent production in January 2024, down approximately 6% from December 2023.

The Company generated an... More