Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. It also operates coal refuse power generation facilities. The company was incorporated in 2021 and is headquartered in New York, New York.

Stronghold Digital Mining, Inc.

NASDAQ: $SDIG 

We are Stronghold Digital Mining – the only environmentally beneficial and vertically integrated public Bitcoin mining company.



Stronghold Digital Mining

“We own and operate two mining waste-to-power facilities in Pennsylvania, Scrubgrass⚡and Panther Creek⚡, with aggregate power capacity of 165 megawatts,” said SDIG CEO Greg Beard on our Q4 and 2023 earnings call. “Through our process, Scrubgrass and Panther Creek have removed an estimated 30 million tons of toxic mining waste from the environment from nearly 100 different sites.” 

“Owning our own power assets gives us a lot of optionality, as electricity is the largest variable cost to mine Bitcoin. It enhances our ability to be responsive to changing market conditions.” ⚡ 

Missed our Q4 and 2023 earnings call? Listen here: https://lnkd.in/edDFZu93

“We have over 40,000 energized slots, and these slots could support more than 7 EH of mining with a high-graded fleet of latest generation miners," said SDIG CEO Greg Beard on our Q4 and 2023 earnings call. "We are exploring various avenues and structures to grow into this capacity.”

Missed our Q4 and 2023 earnings call? Listen here: https://lnkd.in/edDFZu93

"We own our own power. We own our data centers. We own our own miners.”

On last week’s panel, Stronghold Digital Mining CEO Greg Beard discussed why vertical integration matters – especially post-halving.

Check out the Stronghold Digital Mining Earnings Presentation before we're live at 11am EST/8am PST 🎙 

Stronghold Carbon Capture Update:

⚡ SDIG Scrubgrass Plant carbon capture project is registered on the Puro Carbon Registry. Stronghold expects to begin the audit process in the near future.

⚡ The Second Karbolith™ is now operational at the Scrubgrass Plant.

We convert highly polluting mining waste into energy.
The natural byproduct of this specialized power generation process is beneficial use ash. In partnership with the carbon mineralization experts Karbonetiq, we developed new direct air capture technology - the Karbolith - that facilitates the carbon mineralization process, transforming our ash into an effective carbon sink.

Read more: https://lnkd.in/g5KusWZd

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	11.05M -	4.12M 62.73%	30.92M 650.66%	106.03M 242.98%	74.97M 29.30%
cost of revenue	8.44M -	425.13K 94.96%	13.19M 3,002.80%	28.78M 118.18%	96.84M 236.49%
gross profit	2.61M -	3.69M 41.32%	17.72M 379.91%	77.25M 335.86%	-21.88M 128.32%
selling and marketing expenses					-31.40B -
general and administrative expenses	3.07M -	2.27M 26.13%	14.96M 558.98%	44.46M 197.28%	31.43M 29.31%
selling general and administrative expenses	3.07M -	2.27M 26.13%	14.96M 558.98%	44.46M 197.28%	31.43M 29.31%
research and development expenses
other expenses	6.12M -	3.86M 36.86%	23.10M 497.77%	104.27M 351.36%	65K 99.94%
cost and expenses	17.63M -	6.56M 62.79%	51.25M 681.31%	177.51M 246.37%	128.27M 27.74%
operating expenses	9.19M -	6.13M 33.28%	38.06M 520.41%	148.73M 290.81%	31.43M 78.87%
interest expense	192.96K -	205.48K 6.49%	4.62M 2,149.69%	13.91M 200.93%	9.85M 29.22%
ebitda	-3.42M -	-629.83K 81.57%	-12.68M 1,913.74%	-26.31M 107.44%	-17.84M 32.20%
operating income	-6.58M -	-2.44M 62.91%	-20.33M 733.02%	-71.47M 251.53%	-53.31M 25.42%
depreciation and amortization	3.16M -	1.81M 42.72%	7.65M 322.37%	45.16M 490.47%	35.47M 21.47%
total other income expenses net	4.73M -	2.30M 51.45%	-6.92M 401.58%	-123.70M 1,686.64%	-48.52M 60.78%
income before tax	-1.85M -	-144.99K 92.17%	-27.26M 18,697.56%	-195.17M 616.09%	-101.83M 47.83%
income tax expense	2.87M -	1.45M 49.25%	-11.14M 865.72%	-58.00M 420.71%	-50.92M 12.21%
net income	-4.72M -	-1.60M 66.09%	-16.12M 907.38%	-137.17M 751.13%	-71.40M 47.95%
weighted average shs out	2.00M -	2.00M 0%	2.00M 0%	2.58M 29.14%	6.82M 163.88%
weighted average shs out dil	2.00M -	2.00M 0%	2.00M 0%	2.58M 29.14%	6.82M 163.88%
eps	-2.36 -	-0.80 66.10%	-8.05 906.25%	-53.06 559.13%	-10.47 80.27%
epsdiluted	-2.36 -	-0.80 66.10%	-8.05 906.25%	-53.06 559.13%	-10.47 80.27%

NASDAQ:SDIG

Stronghold Digital Mining

Last Close

5.41

08/11 21:00

Market Cap

45.38M

Beta: -

Volume Today

765.86K

Avg: 1.87M

PE Ratio

−0.26

PFCF: −1.67

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