#Stronghold digital mining download

Based on the Original Credit Agreement, Stronghold was required to pay approximately $29 million in cumulative monthly principal amortization through June 2024. No mandatory principal amortization payments until July 2024.The Company and the Lenders have agreed to the following key terms: The Amended Credit Agreement is designed to provide Stronghold with significantly enhanced liquidity and financial flexibility. Separately, the Company entered into a new two-year hosting agreement with Foundry Digital LLC (“Foundry”), replacing its previously announced temporary hosting agreement. ( NASDAQ: SDIG) (“Stronghold”, or the “Company”) today announced that it, its affiliate, Stronghold Digital Mining Holdings, LLC (“Borrower”), and each subsidiary of Borrower have entered into an agreement (the “Amended Credit Agreement”) to substantially amend its credit agreement dated Octo(the “Original Credit Agreement”) with Whitehawk Finance LLC and/or its affiliates or designees and the other lenders from time to time party hereto (collectively, the “Lenders”) and Whitehawk Capital Partners LP as collateral agent for the Lenders and as administrative agent for the Lenders. 07, 2023 (GLOBE NEWSWIRE) - Stronghold Digital Mining, Inc. Forecasts for the next quarter put sales growth at 75.90%.NEW YORK, Feb. Analysts predict that the company’s current quarter sales will jump, forecast at 342.90%. The company’s sales for the same quarters a year ago were $6.02 million and $17.01 million respectively. to make $29.92 million in revenue for the quarter ending Dec 2022. 5 analysts expect Stronghold Digital Mining Inc. The year-over-year growth rate is expected to be 351.00%, up from the previous year.Ĭonsensus estimates provided by 5 financial analysts predict the company will bring in an average of $26.66 million in revenue for the current quarter. The rating firms predict that it will gain 94.50% in revenue this quarter, and will report an increase of 65.40% in the next quarter.

Moreover, analysts have decided to roll up on their fiscal year 2023 revenue estimates. As is evident from the statistics, the company’s shares have fallen -64.43 percent over the past six months and at a -98.70% annual growth rate that is well below the industry average of 13.40%. share prices are performing particularly well not compared to other companies within the same industry. We can see from the shorts that 3.78 million shares have been sold at a short interest cover period of 4.37 day(s). (NASDAQ:SDIG) is 27.65% up in the 30-day period. On the other hand, Stronghold Digital Mining Inc.

The company’s shares are currently up 35.88% year-to-date, but still up 40.00% over the last five days. The rise to weekly highs of 0.7730 on Friday, 01/13/23 increased the stock’s daily price by 15.91%. The performance over the last five days has remained in the green territory. Instantly SDIG has showed a green trend with a performance of 3.35% at the end of last trading.

#Stronghold digital mining download

Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.Ĭlick here to download your Free Research Report… We've put together a free research report that explains all the details. It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. Microchip Maker Releases 'World's Most Powerful Data Center CPU'. is expected to report earnings per share of -$0.33 for the current quarter. Among the rest, 1 recommended SDIG as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell another 0 rate it as Overweight. stock received a consensus recommendation rating of a Buy, based on a mean score of 1.90. We note from Stronghold Digital Mining Inc.’s average daily trading volume that its 10-day average is 1.42 million shares, with the 3-month average coming to 739.26K. The share price’s 52-week low was $0.40, which indicates that the current value has risen by an impressive 38.46% since then. SDIG currently trades at a discount to its 52-week high of $14.43, offering almost -2120.0% off that amount. Most recently the company’s share price was $0.65, and it changed around $0.02 or 3.35% from the last close, which brings the market valuation of the company to $32.30M. In the last trading session, 2.78 million shares of the Stronghold Digital Mining Inc.