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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

Bullboard Posts
Post by stock2008on Apr 20, 2019 7:07pm
425 Views
Post# 29651550

What an RTO is

What an RTO isI was looking up what an RTO is and it says when a private company wants to become public without doing an IPO.  IPO take a long time but RTO's take about a month to complete.  So, digihost must have some money that they are bringing to the table.  However the 40 to 1 reverse split is outrageous and if bitcoin goes up to $7000 US within the next few weeks, we can vote no and have our company back.  To me, the RTO is for Digihost and not for us.  There are other options like issuing a PP to raise some funds until the price goes up.  I don't understand.  Why give our company away when there are still options left?  I could understand doing this deal if it was the absolute last resort but why are they doing this now when bitcoin is increasing in price; they should renegotiate.
Bullboard Posts