tw0122
1 year ago
Stronghold Digital Mining Inc. is a crypto asset mining company. The Company focuses on mining Bitcoin. The Company owns and operates an environmental coal refuse power generation facility in Scrubgrass Township, Pennsylvania. It also has a facility in Nesquehoning, Pennsylvania (the Panther Creek Plant), which is recognized as an Alternative Energy System. The Company operates over 20,500 crypto asset miners with a hash rate of approximately one exahash per second (EH/s). It also has in place purchase agreements for an additional 29,400 miners to be delivered with a total hash rate capacity of approximately three EH/s, including approximately 11,700 miners. It has a fleet of approximately 10,500 miners deployed at the Panther Creek Plant, and based on its power capacity at the Panther Creek Plant, the Company has to house approximately 20,000 miners at the Panther Creek Plant. Its Scrubgrass Plant is located on a 650-acre site. Its Panther Creek Plant is located on a 33-acre site.
Henry_Jones0789
1 year ago
What is SDIG's Earnings Growth Forecast For 2022-2024?
Stronghold Digital Mining's forecast annual earnings growth rate of N/A is not forecast to beat the US Capital Markets industry's average forecast earnings growth rate of 9.98%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.79%.
Stronghold Digital Mining's earnings in 2022 is -$40,243,461.On average, 2 Wall Street analysts forecast SDIG's earnings for 2022 to be -$6,279,791, with the lowest SDIG earnings forecast at -$7,245,912, and the highest SDIG earnings forecast at -$5,313,669. On average, 2 Wall Street analysts forecast SDIG's earnings for 2023 to be -$11,593,459, with the lowest SDIG earnings forecast at -$32,365,074, and the highest SDIG earnings forecast at $9,178,155.
In 2024, SDIG is forecast to generate -$15,941,007 in earnings, with the lowest earnings forecast at -$15,941,007 and the highest earnings forecast at -$15,941,007.