Stronghold Digital Mining Inc SDIG

Technology Software - Application

Stronghold Digital Mining, Inc. is a vertically integrated Bitcoin mining company with a focus on environmentally beneficial operations. The Company's segments include Energy Operations and Cryptocurrency Operations. The Energy Operations segment operates as a qualifying cogeneration facility under the provisions of the Public Utilities Regulatory Policies Act of 1978 and sells its electricity into the PJM grid under a Professional Services Agreement with Customized Energy Solutions. The Cryptocurrency Operations segment is engaged in vertically-integrated digital currency mining business. The Company buys and maintains a fleet of Bitcoin miners, as well as the required infrastructure, and provides power to third-party digital currency miners under hosting agreements. The Company's Scrubgrass Plant has the capacity to generate approximately 83.5 megawatts (MW) of electricity. Its Panther Creek Plant has the capacity to generate approximately 80 MW of electricity.

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Stronghold Digital Mining Inc

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Post by AwareInvestoron Dec 20, 2021 8:07am

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Stronghold Digital Adds 826 PH/s Crypto Mining Capacity To I

Stronghold Digital Mining this morning indicated it has acquired further crypto mining assets. The firm has entered into a total of four separate arrangements to acquire additional miners that are to be installed at the firms facilities.

https://thedeepdive.ca/stronghold-digital-adds-826-ph-s-crypto-mining-capacity-to-its-operation/

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