Core Viewpoint - Digihost Technology Inc. has filed an amended annual report with the SEC, which includes restated financial statements for the fiscal years ended December 31, 2023, and 2022, due to a material error in the classification of proceeds from the sale of digital assets [1][2]. Financial Restatement Summary - The restatement does not affect the Company's overall cash position or net cash flows for the restatement periods [2]. - For the year ended December 31, 2022, the proceeds from the sale of digital assets were reclassified from operating activities to investing activities, resulting in a net change in cash related to operating activities of $(15,495,179) and a net change in cash related to investing activities of $(2,428,758) [4]. - For the year ended December 31, 2023, the reclassification led to a net change in cash related to operating activities of $(13,572,958) and a net change in cash related to investing activities of $12,007,498 [5]. Management's Assessment - The Company's management identified a material weakness in its internal control over financial reporting during the restatement periods and is implementing remediation measures to address this issue [5]. Company Overview - Digihost is an innovative energy infrastructure company focused on developing advanced data centers to promote the growth of sustainable energy assets [6].

MIAMI, March 04, 2025 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ("Digihost" or the "Company") (Nasdaq / TSXV:DGHI), an innovative energy infrastructure company that develops cutting-edge data centers, is pleased to announce that it has filed a notice of name change to "Digi Power X Inc." with the TSX Venture Exchange (the "Exchange"). As part of the name change, effective at the start of trading on March 6, 2025, Digi Power X Inc. will commence trading on the Exchange under the new symbol "DGX" and conti ...

MIAMI, March 03, 2025 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ("Digihost" or the "Company") (Nasdaq / TSXV:DGHI), an innovative energy infrastructure company that develops cutting-edge data centers, is pleased to provide unaudited comparative Bitcoin ("BTC") production results for the month ended February 28, 2025, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated. Monthly Production Highlights for February 2025 The Company recognized a record a ...

MIAMI, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq / TSXV: DGHI), is proud to announce the formation of US Data Centers, Inc. (“US Data Centers”), a wholly-owned subsidiary of the Company which will be dedicated to the development of high-performance computing (“HPC”) and artificial intelligence (“AI”)-focused data centers. The new US Data Centers website can be found at www.usdatacenters.ai. A Purpose-Built AI and HPC Data Center Platform With the launch ...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MIAMI, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq / TSXV: DGHI), an innovative energy infrastructure company that develops cutting-edge data centers, is pleased to announce that it has closed its private placement of its equity securities (the “Private Placement”), previously announced on January 31, 2025. The Company exercised its right to increase the size of the ...

MIAMI, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ("Digihost" or the "Company") (Nasdaq / TSXV:DGHI), an innovative energy infrastructure company that develops cutting-edge data centers, is pleased to provide unaudited comparative Bitcoin ("BTC") production results for the month ended January 31, 2025, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated. Monthly Production Highlights for January 2025 On a year over year basis, the Compa ...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES HOUSTON, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ("Digihost" or the "Company") (Nasdaq / TSXV:DGHI), an innovative energy infrastructure company that develops cutting-edge data centers, is pleased to announce that the Company has entered into subscription agreements with certain investors for gross proceeds of up to US$5.35 million in a private placement of its equity securities (the "Private Placeme ...

MIAMI and NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ("Digihost") (NASDAQ/TSXV:DGHI), an innovative energy infrastructure company developing data centers, and NANO Nuclear Energy Inc. (NASDAQ:NNE) ("NANO Nuclear"), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced a joint submission to a New York State Energy Research and Development Authority (NYSERDA) Request for Information (RFI) concerning the develo ...

MIAMI and NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost”) (NASDAQ/TSXV: DGHI), an innovative energy infrastructure company developing data centers, and NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear”), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced a joint submission to a New York State Energy Research and Development Authority (NYSERDA) Request for Information (RFI) concerning the deve ...

MIAMI and NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ("Digihost") (NASDAQ/TSXV:DGHI), an innovative energy infrastructure company developing data centers, and NANO Nuclear Energy Inc. (NASDAQ:NNE) ("NANO Nuclear"), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced the signing of a Memorandum of Understanding ("MOU") dated December 12, 2024 to advance the transition to carbon-free energy at Digihost's 60 ...