In November, Digihost Technology Mined 77 BTC, Production of Daily BTC Mined Increased by 26% YoY, Held Cash, BTC and Cash Deposits of $2.1M

Monthly Production Highlights for November 2023

• Mined approximately 77 BTC. Production of daily BTC mined during the month increased by 26% compared to November of the previous year, as on a year-over-year basis the Company has enhanced its mining operations by virtue of infrastructure buildouts and hosting agreements.
  
  
   
• The Company held cash, BTC and cash deposits of approximately $2.1 million as of November 30, 2023 (based on a BTC price of $37,713 as of November 30, 2023 per CoinMarketCap), which was in line with Digihost's cash, BTC and cash deposits of $2.2 million as of September 30, 2023 (based on a BTC price of $34,667 as of November 30, 2023 per CoinMarketCap).
  
  
   
• Spent approximately $0.3 million on capital expenditure, mining infrastructure support equipment and collateral deposits. Digihost continues to monitor its capital expenditures closely with self-funding to avoid equity dilution for its shareholders.
  
  
   
• Consistent with management's ongoing commitment to avoid equity dilution for its shareholders, the Company has continued to monetize a portion of its BTC production to fully fund its energy costs.
  
  
   
• The Company did not purchase or sell any miners during the month.