Digihost Technology (TSE:DGHI) has released an update.
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Digihost Technology Inc. reports holding approximately $6.0 million in cash, BTC, and deposits as of May 2024, with a production of about 50 BTC for the month, despite the recent Bitcoin halving event. The company has spent around $2.2 million on capital expenditures, focusing on self-funding to minimize shareholder dilution, while continuing to trade on Nasdaq despite receiving a notice for delayed filing of its Annual Report.
For further insights into TSE:DGHI stock, check out TipRanks’ Stock Analysis page.