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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

Post by BSmartStaycalmon Jan 31, 2024 4:25pm
158 Views
Post# 35855781

US$1.00 per share minimum requirement

US$1.00 per share minimum requirement
.DGHI 

TORONTO, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; Nasdaq: DGHI) is pleased to announce that it has received formal notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company has regained compliance with the minimum bid price requirement in Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq.

The notice the Company received from Nasdaq on February 1, 2023 noted that the Company evidenced a closing bid price of its common subordinate voting shares on Nasdaq at or greater than the US$1.00 per share minimum requirementUS$1.00 per share minimum requirement for the last 10 consecutive business days.

Digihost is also pleased to report that it mined approximately 65 Bitcoin (“BTC”) during the month ended January 31, 2023, exceeding the prior month’s monthly production by approximately 14%.


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