Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. It also engages in the operation of coal refuse power generation facilities. The company was incorporated in 2021 and is headquartered in New York, New York.
| Market Cap | Shares Float | Float Held by Institutions % | Shares Outstanding | Shares Authorized | Institutional Own % |
|---|---|---|---|---|---|
| 28.34 M | 3.98 M | 5.32% | 6.28 M | 685.44 M | 4.27% |
| Date of Short Interest by FINRA | Shares Sold Short | Short Float % | Insider Own % | Number Institutions Holding Shares | MVPHS |
|---|---|---|---|---|---|
| 31-Aug-2023 | 0.56 M | 10.69% | 19.80% | 50 | $38.15 M |
| Report Link | Date of Report | Stock Split Info | Stock Split Ratio |
|---|---|---|---|
| 8-K | 19-May-2023 | On May 15, 2023, Stronghold Digital Mining, Inc. (the “Company”) filed a Certificate of Amendment (the “Certificate of Amendment”) to the Company’s Second Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) with the Secretary of State of Delaware to effect a 1-for-10 reverse stock split of the shares of the Company’s Class A common stock, par value $0.0001 per share (the “Class A common stock”) and the Company’s Class V common stock, par value $0.0001 per share (the “Class V common stock” and, together with the Class A common stock, the “Common Stock”), effective as of 5:00 p.m. Eastern time (the “Effective Time”) on May 15, 2023 (the “Reverse Stock Split”). The Class A common stock began trading on a Reverse Stock Split-adjusted basis on The Nasdaq Global Market (“Nasdaq”) on May 16, 2023. The trading symbol for the Class A common stock will remain “SDIG.” The new CUSIP number for the Class A common stock following the Reverse Stock Split is 86337R202. | 1-for-10 |
| Financial Doc Link | Date of Doc | Cash Equivalents | Burn Rate Operating Activities (monthly) | Operating Expenses (monthly) | Estimated Months Left of Cash |
|---|---|---|---|---|---|
| 10-Q | 12-May-2023 | $6.35 M | $15.55 M | $2.82 M | -3.59 |
| Current Assets | Current Liabilities | Working Capital | Total Assets | Total Liabilities | Total Revenues (12 mo) |
|---|---|---|---|---|---|
| $21.44 M | $27.99 M | -$6.55 M | $189.12 M | $91.42 M | $82.41 M |
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