Seeking Alpha
2023-01-03 11:26:33

Digihost's bitcoin production rises 60% Y/Y in 2022

Digihost Technology ( NASDAQ: DGHI ) mined 832 BTC in 2022, exceeding 2021 annual production of 521 BTC by ~60%. The blockchain technology firm mined 56.96 BTC in December 2022, resulting in total holdings of 111.32 BTC at the end of month valued at ~$1.84M. Ethereum holdings were of 800.89 ETH at Dec-end valued at ~$0.96M. As of Dec. 31, 2022, the company held total digital asset inventory value of approximately $2.8M and ~$1.82M of cash. During the fourth quarter of 2022, Digihost ( DGHI ) mined an additional 18.24 BTC, representing year-over-year quarterly increase of 11%.

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