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Digihost Provides September 2024 Production Update and Tier 3 Data Center Initiative
GlobeNewswire News Room· 2024-10-01 10:00
HOUSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ("Digihost" or the "Company") (Nasdaq / TSXV: DGHI), an innovative U.S. based blockchain technology and computer infrastructure company, is pleased to provide unaudited comparative Bitcoin ("BTC") production results for the month ended September 30, 2024, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated. Monthly Production Highlights for September 2024 The Company held cash, BTC and ...
Digihost(DGHI) - 2023 Q4 - Annual Report
2024-09-16 21:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...
Digihost's 5.5-Megawatt Community Solar Project Reaches Commercial Operation
GlobeNewswire News Room· 2024-09-09 10:00
HOUSTON, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ("Digihost" or the "Company") (Nasdaq / TSXV: DGHI), an innovative U.S. based blockchain technology and computer infrastructure company, is excited to announce its key role as the anchor commercial subscriber in Nautilus Solar Energy's newly opened 5.5 MW community solar project in Grand Island, New York. This groundbreaking initiative, which celebrated its official launch on September 5th, 2024, is projected to bring clean, affordable ren ...
Digihost Announces 50% Increase in Cash and Crypto Position Over Previous Month-End and Provides August 2024 Production Update
GlobeNewswire News Room· 2024-09-04 10:00
HOUSTON, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ("Digihost" or the "Company") (Nasdaq / TSXV: DGHI), an innovative U.S. based blockchain technology and computer infrastructure company, is pleased to provide unaudited comparative Bitcoin ("BTC") production results for the month ended August 31, 2024, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated. Monthly Production Highlights for August 2024 The Company held cash, BTC and cash ...
Digihost Announces Closing of US$4 Million Private Placement
GlobeNewswire News Room· 2024-08-16 10:00
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HOUSTON, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ("Digihost" or the "Company") (Nasdaq / TSXV: DGHI), an innovative U.S. based blockchain technology and computer infrastructure company, is pleased to announce that it has closed its previously announced private placement of its equity securities (the "Private Placement"). The Private Placement was for gross proceeds of US$4 million and consisted of t ...
Digihost(DGHI) - 2024 Q2 - Quarterly Report
2024-08-15 10:07
Exhibit 99.1 DIGIHOST TECHNOLOGY INC. CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024 AND 2023 (EXPRESSED IN UNITED STATES DOLLARS) (UNAUDITED) Digihost Technology Inc. Condensed Interim Consolidated Statements of Financial Position (Expressed in United States Dollars) (Unaudited) | | | | As at | | | --- | --- | --- | --- | --- | | | As at | | December | | | | June 30, | | 31, | | | | 2024 | | 2023 | | | | Unaudited | | Audited | | | ASSETS | | | | | | Cu ...
Digihost Announces 57% Increase in Quarterly-YOY Revenue for Q2 2024 and $8M EBITDA* for YTD 2024
GlobeNewswire News Room· 2024-08-15 10:00
Financial Performance - Revenue for the three-month period ended June 30, 2024, was $9.23 million, a 57% increase from $5.87 million in the same period of 2023, driven by rising Bitcoin prices and diversification of revenue streams [2] - Revenue from the sale of energy increased by approximately 123% compared to Q2 2023 [2] - Total assets amounted to $41.16 million, with property, plant, and equipment valued at $28.77 million, primarily consisting of Bitcoin miners and mining support infrastructure [2] - Digital currencies held by the company reached $2.60 million, reflecting a 68% increase over Q2 2023 [2] - The company incurred approximately $1.7 million in capital expenditures during the quarter, maintaining a focus on self-funding [2] Operational Update - The company’s consolidated operating capacity across three sites is approximately 90MW, with a mining hashrate of 2.75 EH/s [8] - The strategic growth plan includes diversifying mining operations and accessing clean energy sources, with plans to expand operations in New York and Alabama [9] Outlook - The company aims to increase its hashing power by approximately 4 EH by building infrastructure and accessing power in new locations by the end of 2024 [9] Shareholder Information - During the six-month period ended June 30, 2024, 3,955,993 warrants with an exercise price of $7.77 CAD expired without causing dilution to the company [7]
Digihost Announces US$4 Million Private Placement
GlobeNewswire News Room· 2024-08-06 10:30
Core Points - Digihost Technology Inc. has entered into subscription agreements for a private placement of equity securities, aiming to raise up to US$4 million [1] - The private placement consists of 3,636,363 units priced at US$1.10 per unit, which is a 9% premium over the recent closing price [1] - Each unit includes one subordinate voting share and one warrant, with the warrants having an exercise price of US$2.00 and a three-year exercise period [1] Financial Use - The net proceeds from the private placement will primarily be used for infrastructure expansion acquisitions and general working capital [2] - The completion of the private placement is contingent upon receiving necessary corporate and regulatory approvals, expected around August 9, 2024 [2] Regulatory Notes - No securities were offered to Canadian residents in connection with the private placement [3] - The securities offered have not been registered under U.S. securities laws and cannot be sold in the U.S. without proper registration or exemption [4] Company Overview - Digihost is a growth-oriented technology company focused on the blockchain industry, operating from three sites in the U.S. and providing hosting arrangements [5]
Digihost Announces US$4 Million Private Placement
Newsfilter· 2024-08-06 10:30
HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ("Digihost" or the "Company") (Nasdaq / TSXV: DGHI), an innovative U.S. based blockchain technology and computer infrastructure company, is pleased to announce that the Company has entered into subscription agreements with certain institutional investors for gross proceeds of up to US$4 million in a private placement of its equity securities (the "Private Placement"), comprised of 3,636,363 units of the Company ("Units") at a purchase price ...
Digihost Announces Cash and Crypto Position and Provides July 2024 Production Update
Newsfilter· 2024-08-01 10:00
HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ("Digihost" or the "Company") (Nasdaq / TSXV: DGHI), an innovative U.S. based blockchain technology and computer infrastructure company, is pleased to provide unaudited comparative Bitcoin ("BTC") production results for the month ended July 31, 2024, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated. Monthly Production Highlights for July 2024 The Company held cash, BTC and cash depo ...