Digihost Technology Inc V.DGHI

Alternate Symbol(s): DGHI

Digihost Technology Inc. is a Canada-based blockchain technology and computer infrastructure company. The Company is engaged in cryptocurrency mining. The operations of the Company are located in two geographic locations: Canada and the United States. The Company focuses on its network development, hosting, and mining operations supported by renewable and sustainable energy. The 90% of the energy consumed by the Company is from sources that create zero-carbon emissions, while 50% of the energy consumed is being generated from renewable energy sources. The Company operate its own power generation facilities, which focuses on using bridge power sources where available for low-carbon or renewable sources of energy by creating applications for existing power supplies and transforming the way power is used and the way blockchain is applied. The Company operates approximately 60-megawatt (MW) power plant in North Tonawanda, New York State. It operates from three sites in the United States.

TSXV:DGHI - Post by User

Digihost Technology Inc > Consolidation

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Post by Manitoba25on Oct 05, 2021 10:11pm

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Post# 33971915

Consolidation

They are just reducing the shares to increase the share price. It went up to 6 or 7 before, but I belive that was due to amar buying up some shares and it pushed the stock up, probably caught some shorts offside. I don't think it should have any adverse affects on the stocks because it is done just to increase the value of the stcok to meet nasdaq. The nasdaq is where the big players play, so that's how the price is going to go back up again....could go down too.

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