Stronghold Digital Mining, Inc.

NasdaqGM:SDIG Lagerbericht

Marktkapitalisierung: US$41.7m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Stronghold Digital Mining Balance Sheet Health

Finanzielle Gesundheit Kriterienprüfungen 0/6

Stronghold Digital Mining hat ein Gesamteigenkapital von $19.5M und eine Gesamtverschuldung von $54.4M, was einen Verschuldungsgrad von 278.5% ergibt. Die Gesamtaktiva und Gesamtpassiva betragen $141.4M bzw. $121.8M.

Wichtige Informationen

278.53%

Verhältnis von Schulden zu Eigenkapital

US$54.40m

Verschuldung

Zinsdeckungsgradn/a
BargeldUS$4.49m
EigenkapitalUS$19.53m
GesamtverbindlichkeitenUS$121.83m
GesamtvermögenUS$141.37m

Jüngste Berichte zur Finanzlage

Analyseartikel • May 26

Is Stronghold Digital Mining (NASDAQ:SDIG) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Recent updates

Analyseartikel • Jul 27

Stronghold Digital Mining, Inc. (NASDAQ:SDIG) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough

Stronghold Digital Mining, Inc. ( NASDAQ:SDIG ) shares have had a horrible month, losing 31% after a relatively good...
Analyseartikel • Jun 09

Stronghold Digital Mining, Inc. (NASDAQ:SDIG) Shares Fly 27% But Investors Aren't Buying For Growth

Stronghold Digital Mining, Inc. ( NASDAQ:SDIG ) shareholders are no doubt pleased to see that the share price has...
Analyseartikel • May 26

Is Stronghold Digital Mining (NASDAQ:SDIG) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analyseartikel • Mar 28

Sentiment Still Eluding Stronghold Digital Mining, Inc. (NASDAQ:SDIG)

Stronghold Digital Mining, Inc.'s ( NASDAQ:SDIG ) price-to-sales (or "P/S") ratio of 0.6x might make it look like a...
Analyseartikel • Apr 17

Stronghold Digital Mining, Inc. (NASDAQ:SDIG) Held Back By Insufficient Growth Even After Shares Climb 99%

Stronghold Digital Mining, Inc. ( NASDAQ:SDIG ) shareholders would be excited to see that the share price has had a...
Seeking Alpha • Sep 13

Stronghold Digital Mining announces additional cost savings, $9M private placement

Stronghold Digital Mining (NASDAQ:SDIG) said Tuesday it identified a additional annualized cost savings and announced a $9M private placement. SDIG identified ~$8M-$11M of potential annualized cost savings, including cost savings resulting from internalization of support services and completion of certain non-recurring power plant upgrades. ~$2.5M of cost cuts are complete, with ~$6M in additional planned reductions and additional $2.5M under review by SDIG. Under the private placement, an institutional investor and CEO Greg Beard will buy 5M and 602.6K class A shares at $1.60 and $1.66 apiece, respectively, as well as warrants to buy 5.6M class A shares. The warrants will have an initial exercise price of $1.75/share and will expire five years from the date of issue. The non-brokered private placement is expected to close on or about Sept. 15. Proceeds will be used for general corporate purposes, including potential acquisition of bitcoin miners. SDIG stock, which ended ~13% lower on Tuesday, gained 4.8% in aftermarket trade.
Seeking Alpha • Aug 16

Stronghold Digital Mining GAAP EPS of -$0.82 misses by $0.47, revenue of $29.18M misses by $0.9M

Stronghold Digital Mining press release (NASDAQ:SDIG): Q2 GAAP EPS of -$0.82 misses by $0.47. Revenue of $29.18M (+598.1% Y/Y) misses by $0.9M.
Seeking Alpha • Aug 09

Stronghold Digital: Business Model Yet To Be Truly Tested

Stronghold Digital looks like it has enough capital available to endure low Bitcoin prices over the next year or so. As with all Bitcoin miners, Stronghold will struggle until the price of Bitcoin sustainably rebounds. I think that is likely to happen in Q4 of 2022. Its next earnings report will determine whether or not energy revenue will help the company form higher bottom when measured against its peers. Energy sales won't have much impact on the top line if the firm stops mining Bitcoin in response to lower prices. Stronghold Digital Mining, Inc. (SDIG) is different from the majority of Bitcoin (BTC-USD) miners in that they have the option of cutting back on, or halting Bitcoin production, in order to sell energy. This theoretically can mitigate revenue loss when the price of Bitcoin collapses and provide more growth when the company starts mining Bitcoin again. In this article we'll look at whether or not this is a sound strategy that has legs to it, or if it'll collapse under the response of the market to the price movement of Bitcoin. But before we get into that, let's look at the latest earnings report numbers. Latest earnings report Revenue in Q1 came in at $28.7 million, up from $3.8 million year-over-year, and beating analysts' estimates of $26, 2 million. Net loss in the quarter soared to $32.3 million, against the $0.2 million last year in the same reporting period. Operating expenses in the quarter jumped to $58.3 million, up by 1,074 percent, from the $5.0 million year-over-year. The company states, "the increase is attributable to a $12.2 million non-cash impairment on equipment deposits for MinerVa miners, an $11.8 million increase in depreciation and amortization from deploying additional miners and transformers, a $10.5 million increase in general and administrative expenses as the Company continues to scale operations, a $9.1 million increase in operations and maintenance expense primarily driven by the additional Panther Creek plant and one-time plant upgrades at Scrubgrass, a $7.2 million increase in fuel expenses driven by higher power generation and $2.5 million of non-cash impairment costs attributable to the declines in the price of Bitcoin." Consequently, net loss in the quarter increased to $32.3 million against the $0.2 million loss last year in the same quarter. Losses in the quarter jumped to $0.66 per share, far above the consensus of $0.04 per share. As for its balance sheet, the company ended Q1 with about "$25.5 million in cash, $5.1 million in unrestricted digital currencies," and close to $110.8 million in debt. Total liquidity at the end of the reporting period was around $48.6 million, including the above numbers, and $18 million that is available via its existing equipment financing agreements. As of May 12, 2022, overall liquidity was $61 million based upon pro forma sales of Bitcoin miners and issuance of notes. The company said, it "...believes its liquidity position, combined with expected operating cash flow, will be sufficient to meet all existing commitments and fund operations." It "also believes that incremental liquidity can be created through proceeds related to Bitcoin miner fleet management and optimization, including potential miner sales and through additional equipment financing agreements, if necessary." This of course would be a big plus if it's able to deliver on those assumptions while the price of Bitcoin remains subdued. As of May 13, 2022, the company sold 635 Bitcoin. Vertical integration and energy sales Management correctly stated that the market at this time isn't pricing in the value, differentiation and competitive advantage it believes vertical integration provides the company. I agree with that assessment. For now, and I believe, long into the future, the only catalyst driving Bitcoin miners like Stronghold will be the price of the flagship cryptocurrency. As for energy sales, the company provided an example of how it views the potential in the latest earnings report. Using a Bitcoin price range of $20,000 to $30,000 as a baseline, it said that suggests a price from about $90 to $135 per megawatt hour. While the company was careful to say it isn't offering guidance in any way, it did say that if over the next 12 months prices per megawatt hour exceed $100, it would suggest a Bitcoin price of about $22,000; the floor SDIG is working from. Under that scenario, if the price of Bitcoin falls below $22,000, the company would "pivot" from mining Bitcoin to selling energy to the grid. This in theory should protect the downside while offering upside when the price of Bitcoin rebounds. The reason I say in theory is because, history has proven that the market predominately responds to the price movement of Bitcoin, and even if selling energy into the grid mitigates downside risk, the market isn't pricing that in at this time. Operationally this should be a good move by the company, but as it relates to its share price, it's unlikely to have much effect. Management admits it's likely to be some time before vertical integration is seen as a key differentiator against the majority of its peers. In the upcoming earnings report on August 11, 2022, we should get a glimpse into the impact of selling energy into the grid. assuming SDIG did so when the price of Bitcoin dropped below $22,000. Since the price was below $22,000 from the middle of June to the middle of July, it offers a month of results for investors to look at.
Seeking Alpha • May 18

Stronghold Digital Mining: A Powerful Option On Bitcoin At A Discount To NAV

SDIG has fallen from $35 a share in 2021 to $2. The general tech selloff, the falling bitcoin price, the failure of a key supplier to deliver miners, and a class action lawsuit have all pummelled the stock. The company is an integrated bitcoin miner, using bitcoin to monetise its environmental mission. It is now at a ~50% discount to NAV. It is oversold, deep in value territory, and it represents a powerful option on the price of bitcoin.
Analyseartikel • May 18

What You Need To Know About The Stronghold Digital Mining, Inc. (NASDAQ:SDIG) Analyst Downgrade Today

The latest analyst coverage could presage a bad day for Stronghold Digital Mining, Inc. ( NASDAQ:SDIG ), with the...

Analyse der Finanzlage

Kurzfristige Verbindlichkeiten: SDIGDie kurzfristigen Aktiva des Unternehmens ($12.8M) decken seine kurzfristigen Passiva ($47.7M) nicht.

Langfristige Verbindlichkeiten: SDIGDie kurzfristigen Vermögenswerte des Unternehmens ($12.8M) decken seine langfristigen Verbindlichkeiten ($74.2M) nicht.

Geschichte und Analyse des Verhältnisses von Schulden zu Eigenkapital

Verschuldungsgrad: SDIGDie Nettoverschuldung im Verhältnis zum Eigenkapital (255.5%) wird als hoch angesehen.

Schulden abbauen: Es liegen keine ausreichenden Daten vor, um festzustellen, ob das Verhältnis von Schulden zu Eigenkapital in den letzten 5 Jahren gesunken ist ( SDIG).

Bilanz

Liquiditätsreserve-Analyse

Bei Unternehmen, die in der Vergangenheit im Durchschnitt Verluste gemacht haben, wird geprüft, ob sie über einen Liquiditätsvorlauf von mindestens einem Jahr verfügen.

Stabile Start- und Landebahn für Bargeld: SDIG hat auf der Grundlage seines derzeitigen freier Cashflows weniger als ein Jahr Liquiditätsspielraum.

Vorhersage Cash Runway: SDIG hat weniger als ein Jahr Liquidität, wenn der freie Cashflow weiterhin mit historischen Raten von 12% pro Jahr wächst.

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Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2025/03/17 23:19
Aktienkurs zum Tagesende2025/03/14 00:00
Gewinne2024/09/30
Jährliche Einnahmen2023/12/31

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

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Analysten-Quellen

Stronghold Digital Mining, Inc. wird von 6 Analysten beobachtet. 1 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
Lucas PipesB. Riley Securities, Inc.
William Chase WhiteCompass Point Research & Trading, LLC
Christopher BrendlerD.A. Davidson & Co.