Page 24 - Digital Mining News Today

Stronghold Digital Mining (NASDAQ:SDIG – Get Rating) had its price objective reduced by equities researchers at Northland Securities from $20.00 to $15.00 in a research note issued on Wednesday, The Fly reports. The brokerage presently has an “outperform” rating on the stock. Northland Securities’ target price would suggest a potential upside of 156.41% from the […]

Analysts predict that Stronghold Digital Mining, Inc. (NASDAQ:SDIG – Get Rating) will post $32.80 million in sales for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Stronghold Digital Mining’s earnings, with estimates ranging from $26.09 million to $39.50 million. The firm is expected to report its next quarterly earnings report […]

U.S. stocks traded lower midway through trading following the release of GDP data. The Dow traded down 0.13% to 35,248.71 while the NASDAQ fell 0...

Rise and shine, investor! It's time to go over the biggest pre-market stock movers in our breakdown for Wednesday morning!

U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping 100 points on Wednesday. The Dow traded down 0.29% to 35,192.75 w...

Bitcoin miners turn to dirty coal to satisfy their enormous energy needs

Stronghold Digital Mining (NASDAQ:SDIG – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Thursday, Zacks.com reports. According to Zacks, “Stronghold Digital Mining Inc. is a vertically integrated bitcoin mining company. Stronghold Digital Mining Inc. is based in NEW YORK. “ Other equities […]

Brokerages predict that Stronghold Digital Mining, Inc. (NASDAQ:SDIG – Get Rating) will report earnings per share (EPS) of ($0.09) for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Stronghold Digital Mining’s earnings, with estimates ranging from ($0.10) to ($0.07). The business is scheduled to issue its next quarterly earnings […]

The vast amounts of electricity needed to mine bitcoin has ignited a debate about whether the energy behind the operation is worth the potential environmental costs.

Stronghold Digital Mining uses waste left behind by coal power plants to generate electricity for bitcoin mining.