Manage Tickers

Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current
Analyst Rating Guide

News

Back

In November, Digihost Technology Mined 77 BTC, Production of Daily BTC Mined Increased by 26% YoY, Held Cash, BTC and Cash Deposits of $2.1M

Author: Benzinga Newsdesk | December 05, 2023 06:05am

Monthly Production Highlights for November 2023

  • Mined approximately 77 BTC. Production of daily BTC mined during the month increased by 26% compared to November of the previous year, as on a year-over-year basis the Company has enhanced its mining operations by virtue of infrastructure buildouts and hosting agreements.


     
  • The Company held cash, BTC and cash deposits of approximately $2.1 million as of November 30, 2023 (based on a BTC price of $37,713 as of November 30, 2023 per CoinMarketCap), which was in line with Digihost's cash, BTC and cash deposits of $2.2 million as of September 30, 2023 (based on a BTC price of $34,667 as of November 30, 2023 per CoinMarketCap).


     
  • Spent approximately $0.3 million on capital expenditure, mining infrastructure support equipment and collateral deposits. Digihost continues to monitor its capital expenditures closely with self-funding to avoid equity dilution for its shareholders.


     
  • Consistent with management's ongoing commitment to avoid equity dilution for its shareholders, the Company has continued to monetize a portion of its BTC production to fully fund its energy costs.


     
  • The Company did not purchase or sell any miners during the month.

Posted In: DGHI


CORE & Plaid

CORE Finalist

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist