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Digihost Technology Inc - DGHI STOCK NEWS

Welcome to our dedicated news page for Digihost Technology (Ticker: DGHI), a resource for investors and traders seeking the latest updates and insights on Digihost Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Digihost Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Digihost Technology's position in the market.

Rhea-AI Summary
Digihost Technology Inc. reports 21% increase in daily BTC production, holds $2.4 million in cash and BTC, and spends $0.3 million on infrastructure. Capacity to be fully deployed by end of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.85%
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Rhea-AI Summary
Digihost Technology Inc. provides unaudited BTC production results for August 2023 and an operations update. Mined approximately 70 BTC. BTC mining costs reduced through load curtailment programs. Held cash, BTC, and cash deposits of $2.2 million. Spent $0.3 million on capital expenditure. Total operating capacity increased to 100MW. Total capacity expected to be fully deployed by end of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
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Rhea-AI Summary
Digihost Technology Inc. reports unaudited financial results for Q2 2023. Revenue from digital currency mining and sale of energy was $5.9 million, a decrease compared to Q2 2022. The company mined approximately 191 BTC at an average price of $28,021. Adjusted EBITDA for Q2 2023 was $1.43 million, a 92% increase from Q1 2023. Total assets were $50.8 million as of June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.88%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
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Rhea-AI Summary
Digihost Technology Inc., a blockchain technology and computer infrastructure company, provides an update on its operational sustainability initiatives. The company reports achieving green energy milestones, including 93% emissions-free production in Upstate New York and becoming the anchor subscriber to a community solar project. Digihost also entered into a curtailment program for rapid response to signals from the system operator. In terms of BTC production, the company mined approximately 70 BTC in June 2023, with plans to ramp up production throughout the year. Digihost held cash and crypto holdings of $2.3 million as of June 30, 2023, and spent $0.4 million on capital expenditure and mining infrastructure support equipment during the month. The company's consolidated operating capacity across its three sites has increased to approximately 100MW, with full deployment expected by the end of Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
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Rhea-AI Summary
Digihost Technology Inc. provides unaudited Bitcoin production results for May 2023, with a 35% increase compared to the previous month. The company expects production to continue ramping up throughout the year.
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End-of-Day
0.66%
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-1.97%
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11.18%
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Rhea-AI Sentiment
End-of-Day
-8.43%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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Digihost Technology Inc

Nasdaq:DGHI

DGHI Rankings

DGHI Stock Data

36.10M
21.73M
19.39%
9.81%
0.19%
Data Processing, Hosting, and Related Services
Information
Link
United States
Buffalo

About DGHI

we are a blockchain technology company based in the united states with core competencies in network development, hosting, and mining operations supported by renewable and sustainable energy. currently, 90% of the energy consumed by digihost operations is from sources that create zero-carbon emissions, while more than 50% of the energy consumed is being generated from renewable energy sources. as we acquire and begin to operate our own power generation facilities, we will focus on using “bridge” power sources where available for low-carbon or renewable sources of energy.
 by creating applications for existing power supplies, we can transform the way power is used and the way blockchain is applied. “a key goal of digihost has been to provide our investors with greater liquidity through the listing of our shares on a major united states stock exchange. we believe that up-listing the company’s shares from the otc market to nasdaq will also provide the company with increased access to capi