DGHI - Digihost Technology sees 129% Y/Y growth in quarterly bitcoin production
- Digihost Technology ( NASDAQ: DGHI ) mined 72.18 BTC leading to total holdings of 293.30 BTC at June end which is worth ~$5.8M based on a BTC price of $19,785 as of June 30, 2022.
- It mined ~141.71 more BTC in Q2 2022 compared to prior year quarter; compared to Q1 2022 it mined additional 65.85 BTC.
- Ethereum holdings of 1,000.89 ETH worth ~$1.07M based on an ETH price of $1,067.29 as of June 30, 2022.
- Total digital asset inventory value, consisting of BTC and ETH, of ~$6.87M as of June 30, 2022.
- As of June 30, 2022, the company had ~$5M of cash and derivative instruments of ~$500K; cash and liquid assets stood at ~$12.4M.
- The company indicates that operations at its new Alabama site are expected to commence in Q4.
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Digihost Technology sees 129% Y/Y growth in quarterly bitcoin production