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Digihost Closes Over-Subscribed US$6.6 Million Private Placement

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Digihost Closes Over-Subscribed US$6.6 Million Private Placement

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Digihost Technology ( (TSE:DGHI) ) has provided an update.

Digihost Technology Inc. announced the successful closing of an over-subscribed US$6.6 million private placement, with proceeds earmarked for infrastructure expansion and general working capital. This move is expected to enhance the company’s operational capabilities and market positioning by funding acquisitions related to its expansion efforts.

More about Digihost Technology

Digihost Technology Inc. is an innovative energy infrastructure company that specializes in developing cutting-edge data centers to support the expansion of sustainable energy assets.

YTD Price Performance: 88.54%

Average Trading Volume: 458,221

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $99.58M

For an in-depth examination of DGHI stock, go to TipRanks’ Stock Analysis page.

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