Compass Point initiated coverage on Stronghold Digital Mining with a new price target
$SDIG
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Technology
Compass Point initiated coverage of Stronghold Digital Mining with a rating of Buy and set a new price target of $35.00
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| 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 |
NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Stronghold", the "Company", or "we") today announced the following: Recent Financial Highlights Revenues of $11.2 million, down 42% sequentially and 37% year-over-year. Revenues comprised $10.6 million from cryptocurrency operations and $0.5 million from the sale of energy.GAAP Net Loss of $22.7 million and non-GAAP Adjusted EBITDA Loss of $5.5 million. Merger Agreement with Bitfarms On August 21, 2024, the Company entered into an Agreement and Plan of Merger (the "Merger Agreement") with Bitfarms Ltd., a corporation incorporated under the Canada Business Corporations Act and continued u
- Revenue of $45 million, up 8% Q/Q and up 30% Y/Y - - Gross mining margin of 38%, compared to 51% in Q2 2024 and 44% in Q3 2023 - - Current hashrate of 11.9 EH/s, up from 10.4 EH/s in Q2 2024 - - Current efficiency of 21 w/TH, a 16% improvement from June 30, 2024 - - Synthetic HODL increased to 802 at October 31, 2024 from 208 long-dated BTC call options at June 30, 2024, up 286% - This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated October 4, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, Nov. 13, 2024
NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Stronghold", or the "Company") will host a conference call on Wednesday, November 13 at 8:30 a.m. Eastern Time to discuss its operations and financial results from the third quarter 2024. A press release detailing these results will be issued before the market opens on the same day. Stronghold management will provide prepared remarks, followed by a question-and-answer period. 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
NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Stronghold", the "Company", or "we") today announced that its stockholders have overwhelmingly voted "FOR" the pending merger (the "Merger") between Stronghold and Bitfarms Ltd. (NASDAQ/TSX:BITF) ("Bitfarms"). "I'm incredibly proud of what we've accomplished at Stronghold," said Gregory Beard, Chief Executive Officer and Chairman of Stronghold. "We are thrilled by the strong endorsement from our stockholders, who recognize the significant value and potential of this merger and look forward to the next chapter for our stockholders as a part of Bitfarms." On February 27, 2025, Stronghold held a spec
NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Stronghold", the "Company", or "we") today announced that the world's leading independent proxy advisory firms, Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis"), have each recommended that Stronghold stockholders vote "FOR" the pending merger (the "Merger") between Stronghold and Bitfarms Ltd. (NASDAQ/TSX:BITF) at the upcoming special meeting of the Company's stockholders on February 27, 2025. In its report dated February 14, 2025, ISS stated, "[T]he company's sale process was thorough, cost savings are expected as a result of the transaction, and the share form of c
- Bitfarms Board of Directors Increased to Six Members, Five of whom are Independent –-Andrew J. Chang Appointed as Independent Director--Shareholder Rights Plan Approved- This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated October 4, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec , Nov. 20, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX:BITF) ("Bitfarms" or, the "Company"), a global leader in vertically integrated Bitcoin data center operations, today announced the results of its special meeting (the "Special Meeting") of shareholders
4 - Stronghold Digital Mining, Inc. (0001856028) (Issuer)
4 - Stronghold Digital Mining, Inc. (0001856028) (Issuer)
4 - Stronghold Digital Mining, Inc. (0001856028) (Issuer)
- Bitfarms Board of Directors Increased to Six Members, Five of whom are Independent –-Andrew J. Chang Appointed as Independent Director--Shareholder Rights Plan Approved- This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated October 4, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec , Nov. 20, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX:BITF) ("Bitfarms" or, the "Company"), a global leader in vertically integrated Bitcoin data center operations, today announced the results of its special meeting (the "Special Meeting") of shareholders
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
15-12G - Stronghold Digital Mining, Inc. (0001856028) (Filer)
8-K - Stronghold Digital Mining, Inc. (0001856028) (Filer)
SCHEDULE 13D/A - Stronghold Digital Mining, Inc. (0001856028) (Subject)
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
SC 13G/A - Stronghold Digital Mining, Inc. (0001856028) (Subject)
SC 13G/A - Stronghold Digital Mining, Inc. (0001856028) (Subject)
SC 13G/A - Stronghold Digital Mining, Inc. (0001856028) (Subject)