SDIG - Stronghold Digital Mining, Inc. Stock Price, Fair Value and News

3.22USD+0.13 (+4.21%)Market Closed

Market Summary

USD3.22+0.13

Market Closed

4.21%

SDIG Stock Price

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SDIG RSI Chart

SDIG Valuation

Market Cap

35.8M

Price/Earnings (Trailing)

-0.7

Price/Sales (Trailing)

0.48

Price/Free Cashflow

-5.01

SDIG Price/Sales (Trailing)

SDIG Profitability

Return on Equity

-117.3%

Return on Assets

-29.2%

Free Cashflow Yield

-19.97%

SDIG Fundamentals

SDIG Revenue

Revenue (TTM)

75.0M

Rev. Growth (Yr)

-12.11%

Rev. Growth (Qtr)

22.63%

SDIG Earnings

Earnings (TTM)

-50.9M

Earnings Growth (Yr)

116.41%

Earnings Growth (Qtr)

118.08%

Breaking Down SDIG Revenue

Last 7 days

-15.7%

Last 30 days

-11.3%

Last 90 days

-28.8%

Trailing 12 Months

275.2%

How does SDIG drawdown profile look like?

SDIG Financial Health

Current Ratio

0.5

Debt/Equity

1.11

Debt/Cashflow

-0.15

SDIG Investor Care

Shares Dilution (1Y)

250.54%

Diluted EPS (TTM)

-8.05

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	98.1M	86.6M	78.0M	75.0M
2022	56.5M	82.1M	102.4M	110.2M
2021	10.8M	17.5M	24.3M	31.0M
2020	0	0	0	4.1M

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Tracking the Latest Insider Buys and Sells of Stronghold Digital Mining, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	shaffer richard j.	sold	-134	3.1234	-43.00	senior vice president
Apr 23, 2024	smith matthew j.	sold	-390	3.6509	-107	chief financial officer
Apr 15, 2024	james sarah	acquired	16,717	3.15	5,307	-
Apr 15, 2024	beard gregory a	sold	-32,817	2.3762	-13,811	chief executive officer
Apr 15, 2024	doherty thomas b	acquired	16,717	3.15	5,307	-
Apr 15, 2024	pacchia thomas	acquired	16,717	3.15	5,307	-
Apr 15, 2024	trowbridge thomas r. iv	acquired	16,717	3.15	5,307	-
Apr 15, 2024	agarwal indira	acquired	16,717	3.15	5,307	-
Mar 20, 2024	smith matthew j.	sold	-669	4.0355	-166	chief financial officer
Mar 18, 2024	smith matthew j.	sold	-33,691	3.959	-8,510	chief financial officer

Which funds bought or sold SDIG recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Apr 25, 2024	SIMPLEX TRADING, LLC	new	-	2,000	2,000	-%
Apr 19, 2024	CONTINENTAL GENERAL INSURANCE CO	unchanged	-	462,423	1,140,440	0.50%
Apr 19, 2024	Tradewinds Capital Management, LLC	unchanged	-	-47.00	63.00	-%
Apr 16, 2024	Asset Dedication, LLC	unchanged	-	-	-	-%
Mar 27, 2024	NOMURA HOLDINGS INC	new	-	404,362	404,362	-%
Mar 11, 2024	VANGUARD GROUP INC	added	74.22	1,406,370	2,137,440	-%
Mar 04, 2024	VIMA LLC	new	-	9,673	9,673	0.02%
Feb 16, 2024	GSA CAPITAL PARTNERS LLP	new	-	149,000	149,000	0.01%
Feb 15, 2024	BARCLAYS PLC	added	384	218,000	248,000	-%

Are Funds Buying or Selling SDIG?

Are funds buying SDIG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SDIG

No. of Funds

Unveiling Stronghold Digital Mining, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	armistice capital, llc	9.99%	1,028,642	SC 13G/A
Feb 14, 2024	continental general insurance co	9.8%	14,400	SC 13G/A
Feb 07, 2024	adage capital partners gp, l.l.c.	0%	0	SC 13G/A
May 09, 2023	q power llc	33.3%	26,072,000	SC 13D/A
Feb 14, 2023	hound partners, llc	0.0%	0	SC 13G/A
Feb 14, 2023	armistice capital, llc	9.99%	2,315,152	SC 13G
Feb 10, 2023	continental general insurance co	7.8%	144,000	SC 13G/A
Feb 09, 2023	adage capital partners gp, l.l.c.	9.99%	3,184,037	SC 13G/A
Jan 25, 2023	ardsley advisory partners lp	0%	0	SC 13G/A
Jan 05, 2023	continental general insurance co	7.8%	144,000	SC 13G

Recent SEC filings of Stronghold Digital Mining, Inc.

View All Filings

Date Filed	Form Type	Document
May 02, 2024	4	Insider Trading
May 02, 2024	8-K	Current Report
Apr 29, 2024	ARS	ARS
Apr 29, 2024	DEF 14A	DEF 14A
Apr 29, 2024	DEFA14A	DEFA14A
Apr 25, 2024	8-K	Current Report
Apr 24, 2024	4	Insider Trading
Apr 23, 2024	144	Notice of Insider Sale Intent
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading

Peers (Alternatives to Stronghold Digital Mining, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	140.9B	68.5B	5.49%	31.65%	16.54	2.06	136.06%	-24.38%
CME	74.5B	5.7B	-3.41%	14.42%	23.1	13.15	-1.46%	19.89%
ICE	72.6B	9.7B	-7.96%	20.73%	29.27	7.47	0.75%	71.75%
COIN	55.6B	4.0B	-6.91%	371.95%	41.16	13.98	41.89%	159.36%
FDS	16.1B	2.2B	-3.68%	7.57%	32.99	7.49	7.26%	9.28%
IBKR	12.6B	6.2B	4.66%	65.13%	4.47	2.02	131.94%	52.66%
MID-CAP
JEF	9.3B	8.2B	1.60%	44.74%	35.48	1.13	17.04%	-76.58%
HLI	8.4B	1.8B	1.74%	49.18%	32.41	4.56	0.16%	-0.33%
EVR	7.1B	2.4B	-1.21%	73.06%	27.81	2.91	-12.10%	-46.39%
FRHC	4.0B	1.4B	-1.58%	-12.65%	12.05	2.89	96.15%	398.80%
CLSK	3.2B	214.4M	-5.29%	320.58%	-38.67	14.73	75.40%	19.03%
SMALL-CAP
DFIN	1.8B	802.0M	4.16%	41.69%	18.39	2.29	-2.34%	8.49%
AMRK	945.3M	10.0B	34.90%	18.68%	8.56	0.09	24.24%	-27.96%
COHN	12.2M	83.0M	-13.86%	-2.83%	-2.08	0.15	15.07%	81.87%
AAMC	8.2M	3.2M	-9.30%	-96.22%	-0.25	2.6	-44.67%	-104.26%

Stronghold Digital Mining, Inc. News

Latest updates

Stronghold Digital Mining, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)														(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Revenue	22.6%	21,739,387	17,726,957	18,233,741	17,266,215	24,735,576	26,366,649	29,739,943	29,381,650	16,960,694	6,019,713	4,184,524	3,798,334	2,379,178	960,022
Costs and Expenses	-8.4%	34,275,272	37,431,893	33,813,272	31,882,328	64,352,871	65,546,206	69,278,032	58,312,864	30,985,263	9,965,745	7,222,285	4,971,116	-	1,682,629
S&GA Expenses	-4.8%	6,284,836	6,598,951	10,077,738	8,468,755	11,205,505	11,334,212	10,903,876	11,424,231	8,577,949	3,469,830	1,996,971	910,876	-	365,269
Interest Expenses	-1.0%	2,417,829	2,441,139	2,603,478	2,383,913	3,097,706	3,393,067	4,508,782	2,911,453	2,027,904	2,460,668	55,443	78,640	-	32,381
Net Income	118.1%	3,096,697	-17,123,186	-8,336,256	-28,541,431	-18,865,180	-31,220,215	-16,701,020	-13,408,778	-645,359	-4,328,460	-2,235,219	-13,408,778	-	-682,374
Net Income Margin	31.3%	-0.68	-0.99	-1.06	-1.02	-0.76	-0.68	-0.52	-0.51	-0.92	-0.01	-0.01	-0.01	-0.04	-
Free Cashflow	97.1%	-83,031	-2,871,028	-851,588	-3,341,466	-12,497,988	-7,028,309	-3,409,850	-4,218,388	-17,536,608	10,231,029	-732,587	2,957,785	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet													(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	0.9%	174	173	187	189	217	274	355	372	355	175	144	13.00	9.00
Current Assets	43.2%	18.00	12.00	17.00	21.00	36.00	65.00	49.00	51.00	55.00	49.00	-	-	1.00
Cash Equivalents	-15.4%	4.00	5.00	5.00	6.00	13.00	17.00	33.00	25.00	32.00	41.00	44.00	2.00	0.00
Inventory	33.5%	4.00	3.00	4.00	5.00	4.00	3.00	4.00	4.00	3.00	0.00	0.00	0.00	0.00
Liabilities	17.7%	111	94.00	95.00	91.00	122	142	172	158	113	90.00	-	-	13.00
Current Liabilities	23.9%	35.00	28.00	29.00	28.00	60.00	129	144	124	92.00	65.00	-	-	12.00
Long Term Debt	-16.4%	48.00	58.00	58.00	58.00	57.00	8.00	27.00	32.00	18.00	22.00	-	-	0.00
LT Debt, Current	-	-	-	-	-	17.00	-	-	-	46.00	31.00	-	-	0.00
LT Debt, Non Current	-100.0%	-	58.00	58.00	58.00	57.00	8.00	27.00	32.00	18.00	22.00	-	-	0.00
Shareholder's Equity	-36.5%	43.00	68.00	82.00	82.00	83.00	102	136	41.00	-59.16	-	-	-	-
Retained Earnings	-3.3%	-331	-321	-298	-290	-240	-211	-155	-241	-338	-263	-	-	-
Additional Paid-In Capital	-3.7%	375	390	381	373	323	279	255	246	242	10.00	-	-	-
Shares Outstanding	41.1%	11.00	8.00	6.00	4.00	3.00	2.00	2.00	2.00	2.00	-	-	-	-
Float	-	-	-	23.00	-	-	-	33.00	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)														(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Cashflow From Operations	97.1%	-83.03	-2,871	-851	-3,341	-12,497	-7,028	-3,409	-4,218	-17,536	10,231	-732	2,958	-	-
Share Based Compensation	107.5%	1,635	788	4,367	2,449	4,767	3,377	3,153	2,593	2,769	977	270	-	-	-
Cashflow From Investing	-122.5%	-9,260	-4,161	-10,567	-13.74	-3,714	-12,560	-10,664	-44,639	-137,212	-28,932	-89,086	-2,370	-	-
Cashflow From Financing	24.2%	8,579	6,908	10,169	-3,587	12,785	3,325	21,581	42,548	145,105	16,422	131,911	732	-	-

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SDIG Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
OPERATING REVENUES:
Operating revenues	$ 74,966,300	$ 110,223,818
OPERATING EXPENSES:
Fuel	28,590,348	32,970,826
Operations and maintenance	32,836,172	57,030,189
General and administrative	31,430,280	44,460,810
Depreciation and amortization	35,415,286	47,235,344
Loss on disposal of fixed assets	3,818,307	2,511,262
Realized gain on sale of digital currencies	(967,995)	(1,102,220)
Realized (gain) loss on sale of miner assets	(52,000)	8,012,248
Impairments on miner assets	0	40,683,112
Impairments on digital currencies	910,029	8,339,660
Impairments on equipment deposits	5,422,338	17,348,742
Total operating expenses	137,402,765	257,489,973
NET OPERATING LOSS	(62,436,465)	(147,266,155)
OTHER INCOME (EXPENSE):
Interest expense	(9,846,359)	(13,911,008)
Loss on debt extinguishment	(28,960,947)	(40,517,707)
Gain on extinguishment of PPP loan	0	841,670
Changes in fair value of warrant liabilities	(646,722)	4,226,171
Realized gain on sale of derivative contract	0	90,953
Changes in fair value of forward sale derivative	0	3,435,639
Changes in fair value of convertible note	0	(2,167,500)
Other	65,000	95,970
Total other income (expense)	(39,389,028)	(47,905,812)
NET LOSS	(101,825,493)	(195,171,967)
NET LOSS attributable to noncontrolling interest	(30,428,749)	(105,910,737)
Deemed contribution from exchange of Series C convertible preferred stock	20,492,568	0
NET LOSS attributable to Stronghold Digital Mining, Inc.	$ (50,904,176)	$ (89,261,230)
NET LOSS attributable to Class A common shareholders:
Basic (in USD per share)	$ (7.46)	$ (34.53)
Diluted (in USD per share)	$ (7.46)	$ (34.53)
Weighted average number of Class A common shares outstanding:
Basic (in shares)	6,821,173	2,584,907
Diluted (in shares)	6,821,173	2,584,907
Cryptocurrency mining
OPERATING REVENUES:
Operating revenues	$ 52,885,456	$ 58,763,565
Cryptocurrency hosting
OPERATING REVENUES:
Operating revenues	14,614,589	459,872
Energy
OPERATING REVENUES:
Operating revenues	5,814,251	45,384,953
Capacity
OPERATING REVENUES:
Operating revenues	1,442,067	5,469,648
Other
OPERATING REVENUES:
Operating revenues	$ 209,937	$ 145,780

SDIG Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
ASSETS:
Cash and cash equivalents	$ 4,214,613	$ 13,296,703
Digital currencies	3,175,595	109,827
Accounts receivable	507,029	10,837,126
Inventory	4,196,812	4,471,657
Prepaid insurance	3,787,048	4,877,935
Due from related parties	97,288	73,122
Other current assets	1,675,084	1,975,300
Total current assets	17,653,469	35,641,670
Equipment deposits	8,000,643	10,081,307
Property, plant and equipment, net	144,642,771	167,204,681
Operating lease right-of-use assets	1,472,747	1,719,037
Land	1,748,440	1,748,440
Road bond	299,738	211,958
Security deposits	348,888	348,888
Other noncurrent assets	170,488	0
TOTAL ASSETS	174,337,184	216,955,981
LIABILITIES:
Accounts payable	11,857,052	27,540,317
Accrued liabilities	10,787,895	8,893,248
Financed insurance premiums	2,927,508	4,587,935
Current portion of long-term debt, net of discounts and issuance fees	7,936,147	17,422,546
Current portion of operating lease liabilities	788,706	593,063
Due to related parties	718,838	1,375,049
Total current liabilities	35,016,146	60,412,158
Asset retirement obligation	1,075,728	1,023,524
Warrant liabilities	25,210,429	2,131,959
Long-term debt, net of discounts and issuance fees	48,203,762	57,027,118
Long-term operating lease liabilities	776,079	1,230,001
Contract liabilities	241,420	351,490
Total liabilities	110,523,564	122,176,250
COMMITMENTS AND CONTINGENCIES (NOTE 11)
REDEEMABLE COMMON STOCK:
Redeemable common stock	20,416,116	11,754,587
STOCKHOLDERS’ EQUITY (DEFICIT):
Common Stock – Class A; $0.0001 par value; 685,440,000 shares authorized; 11,115,561 and 3,171,022 shares issued and outstanding as of December 31, 2023, and 2022, respectively.	1,112	317
Accumulated deficits	(331,647,755)	(240,443,302)
Additional paid-in capital	375,044,145	323,468,129
Total stockholders' equity	43,397,504	83,025,144
Total redeemable common stock and stockholders' equity	63,813,620	94,779,731
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDERS' EQUITY	174,337,184	216,955,981
Convertible Preferred Stock, Series C
STOCKHOLDERS’ EQUITY (DEFICIT):
Preferred stock, value, issued	1	0
Convertible Preferred Stock, Series D
STOCKHOLDERS’ EQUITY (DEFICIT):
Preferred stock, value, issued	$ 1	$ 0

About Stronghold Digital Mining, Inc.

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.

CEO	Mr. Gregory A. Beard
WEBSITE	strongholddigitalmining.com
INDUSTRY	Mortgage Finance
EMPLOYEES	168

Stronghold Digital Mining, Inc. Frequently Asked Questions

What is the ticker symbol for Stronghold Digital Mining, Inc.? What does SDIG stand for in stocks?

SDIG is the stock ticker symbol of Stronghold Digital Mining, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Stronghold Digital Mining, Inc. (SDIG)?

As of Thu May 02 2024, market cap of Stronghold Digital Mining, Inc. is 35.79 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SDIG stock?

You can check SDIG's fair value in chart for subscribers.

What is the fair value of SDIG stock?

You can check SDIG's fair value in chart for subscribers. The fair value of Stronghold Digital Mining, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Stronghold Digital Mining, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SDIG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Stronghold Digital Mining, Inc. a good stock to buy?

The fair value guage provides a quick view whether SDIG is over valued or under valued. Whether Stronghold Digital Mining, Inc. is cheap or expensive depends on the assumptions which impact Stronghold Digital Mining, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SDIG.

What is Stronghold Digital Mining, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 02 2024, SDIG's PE ratio (Price to Earnings) is -0.7 and Price to Sales (PS) ratio is 0.48. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SDIG PE ratio will change depending on the future growth rate expectations of investors.