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Digihost Technology Launches US$5.35 Million Private Placement for Expansion

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Digihost Technology Launches US$5.35 Million Private Placement for Expansion

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Digihost Technology ( (TSE:DGHI) ) has shared an announcement.

Digihost Technology Inc. announced a private placement of equity securities to raise up to US$5.35 million, with the funds primarily allocated for infrastructure expansion and working capital. This initiative reflects Digihost’s strategic focus on expanding its data center development capabilities, potentially enhancing its market position and benefiting stakeholders through improved operational infrastructure.

More about Digihost Technology

Digihost Technology Inc. is an innovative energy infrastructure company that focuses on developing cutting-edge data centers to drive the expansion of sustainable energy assets.

YTD Price Performance: 133.12%

Average Trading Volume: 394,053

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $122.5M

For detailed information about DGHI stock, go to TipRanks’ Stock Analysis page.

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