Stronghold Digital Mining, Inc.

Stronghold Digital Mining, Inc.

SDIG
Stronghold Digital Mining, Inc.US flagNASDAQ Global Market
2.81
USD
+0.09
- -
42.03MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
5.81
2.17
56.02
42.64
10.99
6.12
Basic EPS, GAAP
-0.97
-0.08
-20.75
-34.53
-10.47
-3.84
Free Cash Flow per Basic Share
0.4
-0.74
-468.84
-43.23
-4.55
-0.11
Dividend per Share
0.3
0.59
- -
- -
- -
- -
Book Value per Share
- -
- -
-68.23
-88.47
-45.63
-26.87
Tangible Book Value per Share
-1.46
-2.13
438.3
36.67
9.36
2.39
Basic Weighted Avg Shares
2
2
1
3
7
13
Sales/Revenue/Turnover
11
4
31
110
75
80
Operating Margin (%)
-59.55
-58.4
-65.61
-64.84
-71.11
-59.39
Depreciation Expense
- -
1
8
47
35
37
Net Income, GAAP
-2
- -
-11
-89
-71
-50
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-16.76
-3.52
-37.04
-80.98
-95.24
-62.74
Working Capital
-8
-10
-38
-25
-17
-35
LT Debt
1
1
19
58
49
34
Total Equity
-3
-4
242
95
64
31
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
-2.65
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
13
17
20
LT Borrowings
43
38
34
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
15
Market Capitalization
38
48
66

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
18
15
13
Cash, Cash Equivalents & STI
8
5
4
Accounts Receivable, Net
2
1
1
Inventories
4
4
3
Total Current Liabilities
36
44
48
Payables & Accruals
22
26
27
ST Debt
13
17
20
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-32.67%
Free Cash Flow
- -
- -
-72.2%
Net Income, GAAP
- -
- -
-20.01%
Sales/Revenue/Turnover
- -
- -
-31.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
29
30
26
23
110
2023
17
18
18
22
75
2024
28
19
11
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-6.64
-8.21
-12.67
-7.36
-34.53
2023
-6.52
-1.35
-2.26
-1.92
-10.47
2024
0.35
-1.25
-1.34
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Gregory A. Beard
Full Time Employees
111
Sector
Financial Services
Industry
Financial - Capital Markets
Address
595 Madison Avenue New York City NY United States of America 10022
IPO Date
Oct 20, 2021
Business
Stronghold Digital Mining, Inc. (SDIG) operates as a vertically integrated cryptocurrency mining company focused on Bitcoin mining and environmentally beneficial power generation from coal refuse in the United States; it owns and operates the Scrubgrass and Panther Creek power plants in Pennsylvania, providing energy operations that reclaim waste coal piles for low-cost electricity to power mining rigs, alongside cryptocurrency operations that validate Bitcoin transactions using advanced hardware for blockchain security and rewards. The company serves digital asset investors and environmental stakeholders through its dual segments of energy production and crypto mining, with geographic focus on Pennsylvania sites offering remediation services that reduce pollution from legacy coal waste. Founded in 2021 and headquartered in New York, New York, Stronghold emphasizes sustainable practices by co-locating mining with emissions-controlled coal refuse facilities. In March 2025, Stronghold completed its acquisition by Bitfarms Ltd. in a stock-for-stock merger valued at approximately $125 million equity plus $50 million debt assumption, adding up to 307 megawatts of power capacity to Bitfarms' portfolio and enabling expansion toward 950 megawatts by year-end 2025 with potential for high-performance computing and AI diversification.

Company News

MCPAPIChat
  • VisionSys AI Inc. Appoints Tom Trowbridge as Senior Advisor to Drive Digital Currency Treasure Strategy

  • Bitfarms completes acquisition of Stronghold Digital Mining

  • Stronghold Urges Stockholders to Follow the “FOR” Recommendation of ISS and Glass Lewis and Support the Pending Merger With Bitfarms at the Upcoming Special Meeting

  • STRONGHOLD DIGITAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Stronghold Digital Mining, Inc. - SDIG

  • The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Class A Common Stock of Stronghold Digital Mining, Inc. - SDIG

  • Stronghold Digital Mining, Inc. (SDIG) Reports Q3 Loss, Lags Revenue Estimates

  • Stronghold Announces Third Quarter 2024 Operating and Financial Results

  • Stronghold Digital Mining Sets Third Quarter 2024 Earnings Conference Call for Wednesday, November 13 at 8:30 a.m. Eastern Time

  • Stronghold Digital Mining Announces CFO Transition

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Stronghold Digital Mining, Inc. – SDIG

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Stronghold Digital Mining, Inc. - SDIG

  • Lincoln Financial Group Expands Compassionate Care Services to Support Beneficiaries

  • Bitfarms to Acquire Stronghold Digital Mining

  • Stronghold Digital Mining, Inc. (SDIG) Q2 2024 Earnings Call Transcript

  • Stronghold Digital Mining, Inc. (SDIG) Reports Q2 Loss, Lags Revenue Estimates

  • Stronghold Digital Mining Sets Second Quarter 2024 Earnings Conference Call for Wednesday, August 14 at 11:00 a.m. Eastern Time

  • Stronghold Digital Mining, Inc. (SDIG) May Report Negative Earnings: Know the Trend Ahead of Q2 Release

  • Stronghold Provides June 2024 Bitcoin Mining and Operational Update

  • Stronghold Provides May 2024 Bitcoin Mining and Operational Update

  • Stronghold Digital Mining, Inc. (SDIG) Q1 2024 Earnings Call Transcript