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Digihost Technology ( (TSE:DGHI) ) just unveiled an update.
Digihost Technology Inc. reported a significant increase in its cash and Bitcoin holdings as of January 2025, despite a decrease in Bitcoin production due to load curtailment efforts during high energy cost periods. The company remains committed to long-term growth through strategic investments and expansion of its power infrastructure, while actively pursuing sustainable energy solutions through a partnership with NANO Nuclear Energy. The company’s efforts in load curtailment have not only reduced mining costs but also contributed to grid reliability, aligning with its strategic pillars of acquiring power assets and maximizing the use of energy.
More about Digihost Technology
Digihost Technology Inc. is an innovative energy infrastructure company focused on developing advanced data centers and sustainable energy assets. It specializes in creating scalable and reliable power solutions for digital asset mining and high-performance computing applications, with a commitment to achieving net-zero carbon emissions.
YTD Price Performance: 117.20%
Average Trading Volume: 436,080
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $113M
For a thorough assessment of DGHI stock, go to TipRanks’ Stock Analysis page.