Stronghold Digital Mining Inc (SDIG) News

SDIG(4.16)-continuation of yesterday action today,looking nice and steady uptick on good volume too

SDIG(4.10)-UP 30%, not sure why!

SDIG new 52 lo

SDIG 10Q due March 6

$SDIG 5.60 (50MA) JUST STARTED RE-BUYING THERE https://stockcharts.com/h-sc/ui?s=SDIG

WOW,really?Missed that. It's a good one, lots of room to go still

$SDIG hit $9 yesterday

my avg 6.96

7.77

SDIG up almost 10%, broke 7

7.62 BTC $=45K+ time to head back North asap https://finviz.com/quote.ashx?t=SDIG&p=d

Not sure, but he might have sold the 3 high, and bought the 9 low. But I don't understand, don't they have just 9 million outstanding?

Slow and steady let’s gooo PA!

Still don’t understand why the pps is so low here. At 3.90, it’s actually .39 pre-split.
Anyone out there?

Spence William B. made a 67-day trade, buying 9.15 million shares and selling 3.08 million, indicating insiders believe potential upside, possibly due to stock options due dates.

From a washout to a complete reversal, There is now no way to stop us.

Stronghold Digital Mining is in the process of seeking approval to utilize shredded tyres to generate up to 15% of its energy at its Panther Creek plant in Nesquehoning. However, this move is met with opposition from local environmental activists who are gearing up to challenge the initiative. While Stronghold filed its application with the Pennsylvania Department of Environmental Protection in July, the news only recently came to light.

Is this being shorted,, wtf.

Correction was due I guess.

Absolutely. Looks like a selloff in 10 range
though, and possibly stop/loss orders went through. Still holding.

I think the low float will push the up quicker than the average bear.

Yes! just went over $10 pre-market wowza.

lol might be today

Looking for $10 this week..

SDIG No 12 on the Barchart Top 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc

SDIG No 3 on the Early Barchart Top 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall

Jumping pre market, wow.

Yea, currently around .60 pre-split so absolutely plenty of room up north.
Moves fast now..

SDIG coming up off the mat

Looking real good. Got some room

Looks like SDIG is strong enough to survive
the split. Looking good.

10:1 R/S, ugh.

Stronghold Digital Mining, Inc. has filed for up to 18,725,000 share offering by selling stockholders.

BTC market upswing is pulling most
mining companies with it; examples MARA and RIOT…big movers

Recent times have been advantageous for Stronghold Digital Mining, as its revenues have been rising faster than those of most other companies. Perhaps the market is expecting future revenue performance to dive, which has kept the P/S suppressed. If not, then existing shareholders have reason to be quite optimistic about the future direction of the share price.

This month, Stronghold Digital Mining, Inc. (SDIG) is up an impressive 90%. But that doesn't change the fact that the returns over the last year have been stomach-churning. Specifically, the stock price nose-dived by 81% in that time. So it's not that amazing to see a bit of a bounce. Only time will tell if the company can sustain the turnaround.

Had a good day here.

Well, I’d say that’s a breakout.

Spiked to .90 back in Feb and thought
we were on our way, but retraced all the way back.

Pivot Point 3rd Level Resistance 0.7635
Pivot Point 2nd Level Resistance 0.7257
Low 0.7000
High 0.7000
1-Month High 0.7000
Last 0.7000
Pivot Point 1st Resistance Point 0.6979
Previous Close 0.6700
Pivot Point 1st Support Point 0.6323
Pivot Point 2nd Support Point 0.5945
Pivot Point 3rd Support Point 0.5667

Even nicer gains if .7257 solidly broken

Stronghold Digital Mining Inc. is a crypto asset mining company. The Company focuses on mining Bitcoin. The Company owns and operates an environmental coal refuse power generation facility in Scrubgrass Township, Pennsylvania. It also has a facility in Nesquehoning, Pennsylvania (the Panther Creek Plant), which is recognized as an Alternative Energy System. The Company operates over 20,500 crypto asset miners with a hash rate of approximately one exahash per second (EH/s). It also has in place purchase agreements for an additional 29,400 miners to be delivered with a total hash rate capacity of approximately three EH/s, including approximately 11,700 miners. It has a fleet of approximately 10,500 miners deployed at the Panther Creek Plant, and based on its power capacity at the Panther Creek Plant, the Company has to house approximately 20,000 miners at the Panther Creek Plant. Its Scrubgrass Plant is located on a 650-acre site. Its Panther Creek Plant is located on a 33-acre site.

SDIG chart

The company recently disclosed that it had entered into an exchange agreement with the holders of its Amended and Restated 10% Notes. Under which, the entire outstanding principal amount of debt and interest totaling approximately $17.9 million will be cancelled in exchange for shares of convertible preferred stock having a “face value of approximately $23.1 million.

SDIG................................https://stockcharts.com/h-sc/ui?s=SDIG&p=W&b=5&g=0&id=p86431144783

Looking good for long weekend with running up into close,could see nice gap up tue

Btc needs to keep recovering.

A nice hold. Set and forget.

It's made a nice move lately, but it really
shouldn't be red today with BTC still green
and above 21k.

Going back to the $3 range here? Looks like vOlume is picking back up. Might make a run

Next week should be fun.

What is SDIG's Earnings Growth Forecast For 2022-2024?

Stronghold Digital Mining's forecast annual earnings growth rate of N/A is not forecast to beat the US Capital Markets industry's average forecast earnings growth rate of 9.98%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.79%.

Stronghold Digital Mining's earnings in 2022 is -$40,243,461.On average, 2 Wall Street analysts forecast SDIG's earnings for 2022 to be -$6,279,791, with the lowest SDIG earnings forecast at -$7,245,912, and the highest SDIG earnings forecast at -$5,313,669. On average, 2 Wall Street analysts forecast SDIG's earnings for 2023 to be -$11,593,459, with the lowest SDIG earnings forecast at -$32,365,074, and the highest SDIG earnings forecast at $9,178,155.

In 2024, SDIG is forecast to generate -$15,941,007 in earnings, with the lowest earnings forecast at -$15,941,007 and the highest earnings forecast at -$15,941,007.

Stronghold Digital Mining went public in October 2021, raising approximately $127 million in an IPO. The company operates power plants and provides Bitcoin mining services. SDIG has recently restructured its debt and expects to shift its focus to selling power to a greater degree while selling some of its Bitcoin mining fleet.
Management has done well to restructure the company's debt load, but I'm on Hold for SDIG until we see the results of its shift to power sales.