Financial Services -
Financial - Capital Markets - NASDAQ - US
$ 4.03
1.26 %
$ 59.8 M
Market Cap
-5.04
P/E
1. INTRINSIC VALUE
Balance Sheet
Stronghold Digital Mining, Inc.
| Current Assets | 17.7 M |
| Cash & Short-Term Investments | 4.21 M |
| Receivables | 604 K |
| Other Current Assets | 12.8 M |
| Non-Current Assets | 157 M |
| Long-Term Investments | 300 K |
| PP&E | 147 M |
| Other Non-Current Assets | 9.1 M |
| Current Liabilities | 35 M |
| Accounts Payable | 11.9 M |
| Short-Term Debt | 8.72 M |
| Other Current Liabilities | 14.4 M |
| Non-Current Liabilities | 75.5 M |
| Long-Term Debt | 49 M |
| Other Non-Current Liabilities | 26.5 M |
EFFICIENCY
Earnings Waterfall
Stronghold Digital Mining, Inc.
| Revenue | 75 M |
| Cost Of Revenue | 28.6 M |
| Gross Profit | 46.4 M |
| Operating Expenses | 76 M |
| Operating Income | -62.4 M |
| Other Expenses | 8.96 M |
| Net Income | -71.4 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Stronghold Digital Mining, Inc.
| Net Income | -71.4 M |
| Depreciation & Amortization | 35.5 M |
| Capital Expenditures | -23.9 M |
| Stock-Based Compensation | 9.24 M |
| Change in Working Capital | -49.6 M |
| Others | 13.6 M |
| Free Cash Flow | -31.1 M |
Wall Street Analysts Price Targets
Stronghold Digital Mining, Inc.
Wall Street analysts predict an average 1-year price target for SDIG of $6.25 , with forecasts ranging from
a
low of
$4 to a high of $8.5 .
SDIG Lowest Price Target
Wall Street Target
4 USD
-0.74%
SDIG Average Price Target
Wall Street Target
6.25 USD
55.09%
SDIG Highest Price Target
Wall Street Target
8.5 USD
110.92%
4. DIVIDEND
ANALYSIS
SDIG does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Stronghold Digital Mining, Inc.
Sold
0-3 MONTHS
255 K USD 3
3-6 MONTHS
414 K USD 5
6-9 MONTHS
61.3 K USD 4
9-12 MONTHS
368 K USD 3
Bought
0 USD 0
0-3 MONTHS
16.9 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
3 weeks ago
Dec 24, 2024
|
Sell 199 K
USD
|
Beard Gregory A
Chief Executive Officer
|
- 49750
|
4.0096 USD |
|
3 weeks ago
Dec 23, 2024
|
Sell 54.7 K
USD
|
Beard Gregory A
Chief Executive Officer
|
- 14201
|
3.85 USD |
|
2 months ago
Oct 30, 2024
|
Sell 139
USD
|
Shaffer Richard J.
Senior Vice President
|
- 27
|
5.16 USD |
|
2 months ago
Oct 29, 2024
|
Sell 555
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 98
|
5.66 USD |
|
3 months ago
Oct 10, 2024
|
Sell 62 K
USD
|
Beard Gregory A
Chief Executive Officer
|
- 15259
|
4.0599 USD |
|
3 months ago
Oct 08, 2024
|
Sell 984
USD
|
Weber Ryan M
Principal Accounting Officer
|
- 231
|
4.2617 USD |
|
4 months ago
Sep 18, 2024
|
Sell 197 K
USD
|
Beard Gregory A
Chief Executive Officer
|
- 44261
|
4.4447 USD |
|
4 months ago
Sep 18, 2024
|
Sell 7.56 K
USD
|
Weber Ryan M
Principal Accounting Officer
|
- 1695
|
4.4631 USD |
|
4 months ago
Sep 18, 2024
|
Sell 40.8 K
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 9170
|
4.4537 USD |
|
4 months ago
Sep 18, 2024
|
Sell 8.25 K
USD
|
Shaffer Richard J.
Senior Vice President
|
- 1844
|
4.4737 USD |
|
4 months ago
Aug 21, 2024
|
Sell 48.9 K
USD
|
Beryl Capital Partners II LP
10 percent owner
|
- 9784
|
5 USD |
|
4 months ago
Aug 21, 2024
|
Bought
16.9 K USD
|
Beryl Capital Partners II LP
10 percent owner
|
+ 3384
|
5 USD |
|
4 months ago
Aug 22, 2024
|
Sell 28.3 K
USD
|
Beryl Capital Partners II LP
10 percent owner
|
- 5656
|
5 USD |
|
5 months ago
Aug 05, 2024
|
Sell 124
USD
|
Shaffer Richard J.
Senior Vice President
|
- 51
|
2.4308 USD |
|
5 months ago
Aug 05, 2024
|
Sell 400
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 162
|
2.4701 USD |
|
5 months ago
Jul 24, 2024
|
Sell 19.7 K
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 5277
|
3.733 USD |
|
6 months ago
Jul 11, 2024
|
Sell 47.9 K
USD
|
Beard Gregory A
Chief Executive Officer
|
- 13058
|
3.6659 USD |
|
6 months ago
Jul 11, 2024
|
Sell 4.63 K
USD
|
Shaffer Richard J.
Senior Vice President
|
- 1287
|
3.601 USD |
|
6 months ago
Jul 11, 2024
|
Sell 5.99 K
USD
|
Weber Ryan M
Principal Accounting Officer
|
- 1664
|
3.602 USD |
|
6 months ago
Jul 09, 2024
|
Sell 992
USD
|
Weber Ryan M
Principal Accounting Officer
|
- 271
|
3.661 USD |
|
7 months ago
Jun 17, 2024
|
Sell 894
USD
|
Weber Ryan M
Principal Accounting Officer
|
- 233
|
3.8361 USD |
|
8 months ago
May 03, 2024
|
Sell 434
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 132
|
3.2882 USD |
|
8 months ago
May 01, 2024
|
Sell 134
USD
|
Shaffer Richard J.
Senior Vice President
|
- 43
|
3.1234 USD |
|
8 months ago
Apr 23, 2024
|
Sell 391
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 107
|
3.6509 USD |
|
9 months ago
Apr 15, 2024
|
Sell 32.8 K
USD
|
Beard Gregory A
Chief Executive Officer
|
- 13811
|
2.3762 USD |
|
10 months ago
Mar 20, 2024
|
Sell 670
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 166
|
4.0355 USD |
|
10 months ago
Mar 18, 2024
|
Sell 8.24 K
USD
|
Shaffer Richard J.
Senior Vice President
|
- 2083
|
3.9581 USD |
|
10 months ago
Mar 18, 2024
|
Sell 33.7 K
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 8510
|
3.959 USD |
|
10 months ago
Mar 18, 2024
|
Sell 142 K
USD
|
Beard Gregory A
Chief Executive Officer
|
- 35896
|
3.9557 USD |
|
10 months ago
Feb 22, 2024
|
Sell 869
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 178
|
4.8816 USD |
|
11 months ago
Jan 29, 2024
|
Sell 213
USD
|
Shaffer Richard J.
Senior Vice President
|
- 37
|
5.7604 USD |
|
11 months ago
Jan 30, 2024
|
Sell 97.7 K
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 18322
|
5.3321 USD |
|
1 year ago
Jan 18, 2024
|
Sell 52.2 K
USD
|
Beard Gregory A
Chief Executive Officer
|
- 10147
|
5.1486 USD |
|
1 year ago
Dec 28, 2023
|
Sell 2.01 M
USD
|
Spence William B.
10 percent owner
|
- 204504
|
9.8528 USD |
|
1 year ago
Dec 28, 2023
|
Sell 2.06 K
USD
|
Spence William B.
10 percent owner
|
- 200
|
10.31 USD |
|
1 year ago
Dec 29, 2023
|
Sell 405 K
USD
|
Spence William B.
10 percent owner
|
- 42054
|
9.64 USD |
|
1 year ago
Dec 28, 2023
|
Sell 386 K
USD
|
Beard Gregory A
Chief Executive Officer
|
- 38759
|
9.9536 USD |
|
1 year ago
Dec 28, 2023
|
Sell 2.24 K
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 226
|
9.9059 USD |
|
1 year ago
Nov 08, 2023
|
Sell 160
USD
|
Shaffer Richard J.
Senior Vice President
|
- 39
|
4.0902 USD |
|
1 year ago
Nov 06, 2023
|
Sell 1.88 K
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 408
|
4.5972 USD |
|
1 year ago
Jun 14, 2023
|
Sell 37.8 K
USD
|
Spence William B.
10 percent owner
|
- 8975
|
4.21 USD |
|
1 year ago
Jun 15, 2023
|
Sell 48.5 K
USD
|
Spence William B.
10 percent owner
|
- 11992
|
4.0471 USD |
|
1 year ago
Jun 16, 2023
|
Sell 103 K
USD
|
Spence William B.
10 percent owner
|
- 25160
|
4.0954 USD |
|
1 year ago
Jun 20, 2023
|
Sell 116 K
USD
|
Spence William B.
10 percent owner
|
- 29644
|
3.9096 USD |
|
1 year ago
Jun 21, 2023
|
Sell 113 K
USD
|
Spence William B.
10 percent owner
|
- 25215
|
4.4927 USD |
|
1 year ago
May 22, 2023
|
Sell 101 K
USD
|
Spence William B.
10 percent owner
|
- 16149
|
6.2775 USD |
|
1 year ago
May 23, 2023
|
Sell 9.5 K
USD
|
Spence William B.
10 percent owner
|
- 1500
|
6.3366 USD |
|
1 year ago
May 30, 2023
|
Sell 123 K
USD
|
Spence William B.
10 percent owner
|
- 20000
|
6.1252 USD |
|
1 year ago
May 31, 2023
|
Sell 14 K
USD
|
Spence William B.
10 percent owner
|
- 2341
|
5.99 USD |
|
1 year ago
Jun 01, 2023
|
Sell 68.7 K
USD
|
Spence William B.
10 percent owner
|
- 11200
|
6.1336 USD |
|
1 year ago
Jun 02, 2023
|
Sell 23.4 K
USD
|
Spence William B.
10 percent owner
|
- 4000
|
5.8466 USD |
|
1 year ago
Jun 05, 2023
|
Sell 21.1 K
USD
|
Spence William B.
10 percent owner
|
- 3835
|
5.5096 USD |
|
1 year ago
Jun 06, 2023
|
Sell 41.2 K
USD
|
Spence William B.
10 percent owner
|
- 7791
|
5.292 USD |
|
1 year ago
Jun 07, 2023
|
Sell 41.7 K
USD
|
Spence William B.
10 percent owner
|
- 8135
|
5.1283 USD |
|
1 year ago
Jun 08, 2023
|
Sell 21.5 K
USD
|
Spence William B.
10 percent owner
|
- 4413
|
4.8763 USD |
|
1 year ago
Jun 09, 2023
|
Sell 34.3 K
USD
|
Spence William B.
10 percent owner
|
- 7676
|
4.4703 USD |
|
1 year ago
Jun 12, 2023
|
Sell 17.6 K
USD
|
Spence William B.
10 percent owner
|
- 4073
|
4.3093 USD |
|
1 year ago
Jun 13, 2023
|
Sell 33.4 K
USD
|
Spence William B.
10 percent owner
|
- 7901
|
4.2283 USD |
|
1 year ago
Apr 26, 2023
|
Sell 26.6 K
USD
|
Spence William B.
10 percent owner
|
- 2602
|
10.2304 USD |
|
1 year ago
Apr 27, 2023
|
Sell 171 K
USD
|
Spence William B.
10 percent owner
|
- 17053
|
10.0521 USD |
|
1 year ago
Apr 28, 2023
|
Sell 32.2 K
USD
|
Spence William B.
10 percent owner
|
- 3302
|
9.7461 USD |
|
1 year ago
May 01, 2023
|
Sell 27.2 K
USD
|
Spence William B.
10 percent owner
|
- 2870
|
9.4902 USD |
|
1 year ago
May 02, 2023
|
Sell 103 K
USD
|
Spence William B.
10 percent owner
|
- 11379
|
9.0252 USD |
|
1 year ago
May 04, 2023
|
Sell 38.9 K
USD
|
Spence William B.
10 percent owner
|
- 4349
|
8.9425 USD |
|
1 year ago
May 05, 2023
|
Sell 106 K
USD
|
Spence William B.
10 percent owner
|
- 11590
|
9.1595 USD |
|
1 year ago
May 08, 2023
|
Sell 22.8 K
USD
|
Spence William B.
10 percent owner
|
- 2500
|
9.1 USD |
|
1 year ago
May 10, 2023
|
Sell 93.4 K
USD
|
Spence William B.
10 percent owner
|
- 9913
|
9.4221 USD |
|
1 year ago
May 16, 2023
|
Sell 70.2 K
USD
|
Spence William B.
10 percent owner
|
- 11150
|
6.3 USD |
|
1 year ago
May 17, 2023
|
Sell 128 K
USD
|
Spence William B.
10 percent owner
|
- 23292
|
5.5111 USD |
|
1 year ago
Aug 30, 2023
|
Sell 3.46 K
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 608
|
5.693 USD |
|
1 year ago
Aug 30, 2023
|
Sell 225
USD
|
Shaffer Richard J.
Senior Vice President
|
- 39
|
5.7623 USD |
|
1 year ago
Jun 07, 2023
|
Sell 2.41 K
USD
|
Shaffer Richard J.
Senior Vice President
|
- 473
|
5.1015 USD |
|
1 year ago
Jun 07, 2023
|
Sell 13.2 K
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 2589
|
5.1051 USD |
|
1 year ago
Jun 07, 2023
|
Sell 13.2 K
USD
|
Smith Matthew J.
Chief Financial Officer
|
- 2589
|
5.1051 USD |
|
1 year ago
Jun 07, 2023
|
Sell 2.43 K
USD
|
Shaffer Richard J.
Senior Vice President
|
- 473
|
5.1315 USD |
|
1 year ago
Apr 20, 2023
|
Bought
1 M USD
|
Beard Gregory A
Chief Executive Officer
|
+ 1000000
|
1 USD |
|
1 year ago
Apr 20, 2023
|
Bought
1.1 M USD
|
Beard Gregory A
Chief Executive Officer
|
+ 1000000
|
1.1 USD |
|
1 year ago
Apr 20, 2023
|
Bought
608 K USD
|
Beard Gregory A
Chief Executive Officer
|
+ 602409
|
1.01 USD |
|
2 years ago
Sep 19, 2022
|
Bought
1 M USD
|
Beard Gregory A
Chief Executive Officer
|
+ 602409
|
1.66 USD |
|
2 years ago
Sep 19, 2022
|
Bought
1.05 M USD
|
Beard Gregory A
Chief Executive Officer
|
+ 602409
|
1.75 USD |
|
3 years ago
Dec 06, 2021
|
Bought
8.29 K USD
|
Smith Matthew J.
Director
|
+ 500
|
16.58 USD |
|
3 years ago
Oct 22, 2021
|
Bought
50 K USD
|
Pacchia Thomas
Director
|
+ 2631
|
19 USD |
7. News
Stronghold Digital Mining, Inc. (SDIG) Reports Q3 Loss, Lags Revenue Estimates
Stronghold Digital Mining, Inc. (SDIG) came out with a quarterly loss of $1.12 per share versus the Zacks Consensus Estimate of a loss of $0.62. This compares to loss of $0.05 per share a year ago.
zacks.com
- 2 months ago
Stronghold Announces Third Quarter 2024 Operating and Financial Results
NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced the following:
globenewswire.com
- 2 months ago
Stronghold Digital Mining Sets Third Quarter 2024 Earnings Conference Call for Wednesday, November 13 at 8:30 a.m. Eastern Time
NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) will host a conference call on Wednesday, November 13 at 8:30 a.m. Eastern Time to discuss its operations and financial results from the third quarter 2024. A press release detailing these results will be issued before the market opens on the same day.
globenewswire.com
- 2 months ago
Stronghold Digital Mining Announces CFO Transition
NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (the “Company”) today announced that Chief Financial Officer Matthew Smith will resign from his position, effective November 15, 2024, after the Company files its Quarterly Report on Form 10-Q for the third quarter of 2024. Mr. Smith will also step down from the Company's Board of Directors at that time. Mr. Smith's resignation was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices, including accounting principles and practices.
globenewswire.com
- 2 months ago
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Stronghold Digital Mining, Inc. – SDIG
NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Stronghold Digital Mining, Inc. ( Nasdaq: SDIG ), relating to its proposed merger with Bitfarms Ltd. Under the terms of the agreement, Stronghold stockholders are expected to receive 2.52 shares of Bitfarms per share of Stronghold they own.
globenewswire.com
- 4 months ago
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Stronghold Digital Mining, Inc. - SDIG
NEW YORK , Sept. 4, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.
prnewswire.com
- 4 months ago
Lincoln Financial Group Expands Compassionate Care Services to Support Beneficiaries
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial Group expands compassionate care services to support beneficiaries.
businesswire.com
- 4 months ago
Bitfarms to Acquire Stronghold Digital Mining
- Expands and Rebalances Bitfarms Energy Portfolio to Approximately 50% in the U.S. by YE 2025,Consistent with Strategic Plan -- Provides Clear Path to 950 MW Active Power Capacity -- Adds 4.0 EH/s to Bitfarms' Hashrate with Expansion Capacity of Potentially Over 10 EH/s with Fleet Refresh -- Vertically Integrates into Power Generation with 165 MW of Nameplate Generated Power Capacity -- Adds 142 MW of PJM Import Capacity with Long Term Expansion Potential up to 790 MW-- Conference Call at 8:30 AM ET to Discuss Transaction -
globenewswire.com
- 4 months ago
Stronghold Digital Mining, Inc. (SDIG) Q2 2024 Earnings Call Transcript
Stronghold Digital Mining, Inc. (NASDAQ:SDIG ) Q2 2024 Earnings Conference Call August 14, 2024 11:00 AM ET Company Participants Alec Wilson - Gateway Group Greg Beard - Chairman & Chief Executive Officer Matt Smith - Chief Financial Officer Conference Call Participants Operator Good morning, and welcome to Stronghold Digital Mining's Conference Call for the Second Quarter ended June 30, 2024. My name is Josh, and I will be your operator this morning.
seekingalpha.com
- 5 months ago
Stronghold Digital Mining, Inc. (SDIG) Reports Q2 Loss, Lags Revenue Estimates
Stronghold Digital Mining, Inc. (SDIG) came out with a quarterly loss of $0.74 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to loss of $2.40 per share a year ago.
zacks.com
- 5 months ago
Stronghold Digital Mining Sets Second Quarter 2024 Earnings Conference Call for Wednesday, August 14 at 11:00 a.m. Eastern Time
NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) will host a conference call on Wednesday, August 14 at 11:00 a.m. Eastern Time to discuss its operations and financial results from the second quarter 2024. A press release detailing these results will be issued before the market opens on the same day.
globenewswire.com
- 5 months ago
Stronghold Digital Mining, Inc. (SDIG) May Report Negative Earnings: Know the Trend Ahead of Q2 Release
Stronghold Digital Mining (SDIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 5 months ago
8. Profile
Summary
Stronghold Digital Mining, Inc. SDIG
COUNTRY
US
INDUSTRY
Financial - Capital Markets
MARKET CAP
$ 59.8 M
Dividend Yield
0.00%
Description
Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. It also operates coal refuse power generation facilities. The company was incorporated in 2021 and is headquartered in New York, New York.
Contact
595 Madison Avenue, New York, NY, 10022
https://www.strongholddigitalmining.com
IPO
Date
Oct. 20, 2021
Employees
111
Officers
Mr. Ryan M. Weber
Chief Accounting Officer
Mr. Gregory A. Beard
Chairman, Chief Executive Officer & President
Robert G. Lovett Jr.
Vice President of Legal & Compliance
Mr. Matthew Jared Smith
Chief Financial Officer & Director
Mr. Richard J. Shaffer
Senior Vice President of Asset Management
Mr. Charles D. Talcott
Director of Finance & Operations