Welcome to our dedicated page for Digi Power X news (Ticker: DGHI), a resource for investors and traders seeking the latest updates and insights on Digi Power X stock.
Digi Power X (DGHI) merges blockchain innovation with sustainable energy infrastructure, operating advanced data centers powered by renewable resources. This page delivers official updates on strategic initiatives, financial disclosures, and operational milestones.
Access real-time announcements including earnings reports, technology partnerships, and energy infrastructure developments. Investors and analysts will find verified information on mining operations, network expansions, and low-carbon power initiatives.
All content is curated to reflect DGHI's dual focus on blockchain security and environmental stewardship. Bookmark this page for streamlined access to press releases, executive statements, and market-moving updates directly from the company.
Digihost Technology (DGHI) announced record revenue of $12.9 million for Q1 2024, a 216% increase from Q1 2023. The company reported an EBITDA of $8.9 million, up 255%, and net income of $4.84 million, compared to a net loss of $9.09 million in Q1 2023. Revenue was driven by diversified verticals including digital currency mining, colocation services, and energy sales. The company's total assets reached $41.24 million, with digital currencies valued at $2.9 million, up 254%. The company also reported a positive working capital balance and aims to expand its operations in New York and Alabama, targeting low-cost renewable energy sources. The unaudited financial statements are available on SEDAR+ and EDGAR.
Digihost Technology Inc. will announce its Q1 2024 financial results on May 14, 2024. The company is a U.S. based blockchain technology and computer infrastructure company with a consolidated operating capacity of 90MW and a mining hashrate of 2 EH/s.
Digihost Technology Inc. reports a month-over-month increase in cash and crypto positions in April 2024, despite challenges faced post-halving. The company diversified revenue streams and partnered on hosting agreements to enhance computing power sustainably.
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