Bullboard - Stock Discussion Forum 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... see more

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TSXV:DGHI - Post Discussion

Digihost Technology Inc > Private Placement

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Post by Manitoba25 on Jan 06, 2021 8:36pm

Private Placement

I am a little disappointed by the private placement, because I would think if this company was sufficently profitable, it could pay it out of proceeds. How many coins does it have in the bank? Couldn't they sell some of the coins? If Amar is doing a private placement at 79 cents, then, yes, I can't see him start buying back shares at values greater than 79 cents, if they do any repurchases at all, for the short term.

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