Date | Price Target | Rating | Analyst |
---|---|---|---|
8/18/2022 | $11.00 → $2.25 | Outperform → Market Perform | Cowen |
3/8/2022 | $35.00 → $41.00 | Buy | Compass Point |
1/5/2022 | $22.00 | Outperform | Cowen & Co. |
11/23/2021 | $35.00 | Buy | Compass Point |
11/15/2021 | $35.00 | Outperform | Northland Capital Markets |
11/15/2021 | $63.00 | Buy | B. Riley Securities |
- Agreement to support 2.2 EH/s with energization expected in October, two months ahead of schedule - - Company reiterates 2024 & 2025 guidance of 21 EH/s & 35+ EH/s, respectively - TORONTO, Ontario and BROSSARD, Québec, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF) ("Bitfarms" or the "Company"), a global leader in vertically integrated Bitcoin data center operations, has entered into a miner hosting agreement (the "Hosting Agreement") with Stronghold Digital Mining Hosting, LLC, a subsidiary of Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Stronghold") at Stronghold's Panther Creek site in Pennsylvania. Under the terms of the Hosting Agreement, Bitfarms will be a
NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Stronghold" or the "Company") today provided the following updates regarding its operations and financial performance: Bitcoin Mining Update Stronghold mined 63 Bitcoin in August 2024 and generated approximately $0.2mm in energy revenue, which represents the equivalent of approximately 4 additional Bitcoin based on the average price of Bitcoin during the month. This equates to production of approximately 67 of Bitcoin equivalents in August 2024, up approximately 2% from the 66 Bitcoin equivalents produced in July 2024. The Company generated an estimated $4 million of revenue during August, a decr
- Expands and Rebalances Bitfarms Energy Portfolio to Approximately 50% in the U.S. by YE 2025, Consistent with Strategic Plan - - Provides Clear Path to 950 MW Active Power Capacity - - Adds 4.0 EH/s to Bitfarms' Hashrate with Expansion Capacity of Potentially Over 10 EH/s with Fleet Refresh - - Vertically Integrates into Power Generation with 165 MW of Nameplate Generated Power Capacity - - Adds 142 MW of PJM Import Capacity with Long Term Expansion Potential up to 790 MW- - Conference Call at 8:30 AM ET to Discuss Transaction - This news release constitutes a "designated news release" for the purposes of Bitfarms' prospectus supplement dated March 8, 2024, to
Shares of Tellurian Inc. (NASDAQ:TELL) rose sharply in today's pre-market trading after Woodside Energy announced plans to acquire the company for $900 million in all-cash deal. The implied enterprise value is around $1,200 million. Tellurian shares jumped 65% to $0.9422 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Netcapital Inc. (NASDAQ:NCPL) rose 43.8% to $0.1495 in pre-market trading after jumping more than 12% on Friday. Netcapital, last week, announced the launch of the beta version of its secondary trading platform. Serve Robotics Inc. (NASDAQ:SERV) gained 36.8% to $10.33 in pre-market trading. Serve Robotics shares jumped
B. Riley Securities analyst Lucas Pipes maintains Stronghold Digital Mining (NASDAQ:SDIG) with a Neutral and lowers the price target from $6 to $5.
Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Stronghold" or the "Company") today provided the following updates regarding its operations and financial performance: Bitcoin Mining UpdateStronghold mined 82 Bitcoin in May 2024 and the Company generated an estimated $5.2 million of revenue during May, a decrease of 46% compared to April 2024. The primary driver of the decline was due to the first full month of post-halving operations. Average hash price in May was $0.052 per TH/s per day compared to $0.095 in April, largely due to the halving of Bitcoin block awards from 6.250 to 3.125, a slight decline in Bitcoin price of 0.8%, lower transaction fees averaging 7.4% in May compared to 25.3%
- Expands and Rebalances Bitfarms Energy Portfolio to Approximately 50% in the U.S. by YE 2025, Consistent with Strategic Plan - - Provides Clear Path to 950 MW Active Power Capacity - - Adds 4.0 EH/s to Bitfarms' Hashrate with Expansion Capacity of Potentially Over 10 EH/s with Fleet Refresh - - Vertically Integrates into Power Generation with 165 MW of Nameplate Generated Power Capacity - - Adds 142 MW of PJM Import Capacity with Long Term Expansion Potential up to 790 MW- - Conference Call at 8:30 AM ET to Discuss Transaction - This news release constitutes a "designated news release" for the purposes of Bitfarms' prospectus supplement dated March 8, 2024, to
Continues Formal Review of Strategic Alternatives Pursuing Significant Site Expansion and Evaluating GPU Computing Potential NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Stronghold", the "Company", or "we") today announced financial and operational results for the second quarter ended June 30, 2024, and provided additional strategic updates: Second Quarter 2024 Financial Highlights Revenues of $19.1 million, down 30.6% sequentially and up 4.8% year-over-year. Revenues comprised $18.8 million from cryptocurrency operations, $0.2 million from the sale of energy, and $0.1 million from other revenue.GAAP Net Loss of $21.3 million and n
NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Stronghold", or the "Company") will host a conference call on Wednesday, August 14 at 11:00 a.m. Eastern Time to discuss its operations and financial results from the second quarter 2024. A press release detailing these results will be issued before the market opens on the same day. A live webcast of the call will be available on the Investor Relations page of the Company's website at ir.strongholddigitalmining.com. To access the call by phone, please use the following link Stronghold Digital Mining Second Quarter 2024 Earnings Call. After registering, an email will be sent, including dial-in detai
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NEW YORK, April 14, 2022 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Stronghold", or the "Company") today announced the appointment of Matthew Smith to the position of chief financial officer, effective April 18, 2022, succeeding Ricardo Larroudé, who is leaving the Company to pursue other business interests. He will remain with Stronghold through May 15, 2022 to ensure a seamless transition. Mr. Larroudé's departure does not relate to any disagreements between him and the Company relating to any financial reporting, accounting principles or practices of Stronghold. The Company thanks Mr. Larroudé for his devotion to, and services on behalf of, the Company, as he wa
Cowen downgraded Stronghold Digital Mining from Outperform to Market Perform and set a new price target of $2.25 from $11.00 previously
Compass Point reiterated coverage of Stronghold Digital Mining with a rating of Buy and set a new price target of $41.00 from $35.00 previously
Cowen & Co. initiated coverage of Stronghold Digital Mining with a rating of Outperform and set a new price target of $22.00