Stronghold Provides June 2024 Bitcoin Mining and Operational Update

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 ...