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Stronghold Digital Mining(SDIG) - 2024 Q2 - Earnings Call Transcript
2024-08-15 18:39
Stronghold Digital Mining, Inc. (NASDAQ:SDIG) Q2 2024 Earnings Conference Call August 14, 2024 11:00 AM ET Company Participants Alec Wilson - Gateway Group Greg Beard - Chairman & Chief Executive Officer Matt Smith - Chief Financial Officer Conference Call Participants Operator Good morning, and welcome to Stronghold Digital Mining's Conference Call for the Second Quarter ended June 30, 2024. My name is Josh, and I will be your operator this morning. Before this call, Stronghold issued its results for the s ...
Stronghold Digital Mining(SDIG) - 2024 Q2 - Quarterly Report
2024-08-14 20:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |----------------------------------------------------------------------------------------|------------------------------------------| | For the transition period from | ______ ...
Stronghold Digital Mining, Inc. (SDIG) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2024-08-14 15:45
Stronghold Digital Mining, Inc. (SDIG) came out with a quarterly loss of $0.74 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to loss of $2.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -80.49%. A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced earnings of $0.35, delivering a surprise of 488.89%. Over the last four quarters, th ...
Stronghold Digital Mining(SDIG) - 2024 Q2 - Quarterly Results
2024-08-14 12:42
Exhibit 99.1 STRONGHOLD DIGITAL MINING Stronghold Reports Second Quarter 2024 Operating and Financial Results Continues Formal Review of Strategic Alternatives Pursuing Significant Site Expansion and Evaluating GPU Computing Potential NEW YORK, August 14, 2024 – Stronghold Digital Mining, Inc. (NASDAQ: SDIG) ("Stronghold", the "Company", or "we") today announced financial and operational results for the second quarter ended June 30, 2024, and provided additional strategic updates: Second Quarter 2024 Financ ...
Stronghold Provides June 2024 Bitcoin Mining and Operational Update
Newsfilter· 2024-07-05 21:00
NEW YORK, July 05, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Stronghold" or the "Company") today provided the following updates regarding its operations and financial performance: The Company generated an estimated $4.0 million of revenue during June, a decrease of 24% compared to May 2024. The primary driver of the revenue decline in June was an approximately 0.9 EH/s lower average daily hash rate that was the result of three temporary factors: 1) voluntary curtailment due to ...
Stronghold Provides May 2024 Bitcoin Mining and Operational Update
GlobeNewswire News Room· 2024-06-07 20:30
NEW YORK, June 07, 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 82 Bitcoin in May 2024 and the Company generated an estimated $5.2 million of revenue during May, a decrease of 46% compared to April 2024. The primary driver of the decline was due to the first full month of post-halving operations. Average hash price in May w ...
Stronghold Provides May 2024 Bitcoin Mining and Operational Update
Newsfilter· 2024-06-07 20:30
Bitcoin Mining Update About Stronghold Digital Mining, Inc. Forward-Looking Statements of Stronghold: Contacts: NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) ("Stronghold" or the "Company") today provided the following updates regarding its operations and financial performance: Stronghold mined 82 Bitcoin in May 2024 and the Company generated an estimated $5.2 million of revenue during May, a decrease of 46% compared to April 2024. The primary driver of the decli ...
Stronghold Digital Mining(SDIG) - 2024 Q1 - Quarterly Report
2024-05-07 23:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 001-40931 Stronghold Digital Mining, Inc. (Exact name of registrant as specified in its charter) Delaware 86-2759890 ( ...
Stronghold Digital Mining(SDIG) - 2024 Q1 - Earnings Call Transcript
2024-05-04 15:38
Stronghold Digital Mining, Inc. (NASDAQ:SDIG) Q1 2024 Results Conference Call May 2, 2024 11:00 AM ET Company Participants Alex Kovtun - Gateway Group Greg Beard - Chairman & Chief Executive Officer Matt Smith - Chief Financial Officer Operator Good morning, and welcome to Stronghold Digital Mining's Conference Call for the First Quarter ended March 31, 2024. My name is Michelle, and I will be your operator this morning. Before this call, Stronghold issued its results for the first quarter 2024 in a press r ...
Stronghold Digital Mining(SDIG) - 2024 Q1 - Quarterly Results
2024-05-02 12:31
Exhibit 99.1 Stronghold Announces First Quarter 2024 Operating and Financial Results Announces Formal Review of Strategic Alternatives NEW YORK, May 2, 2024 – Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced financial and operational results for the first quarter of 2024 and provided other strategic updates: Recent Financial Highlights • The Company generated revenues of $27.5 million during the first quarter of 2024, up 27% sequentially and 59% year-over ...