Bitcoin Miner Stronghold Digital Tanks as Q4 Earnings, Revenues Miss Estimates

The miner also said it no longer believes its original target of 8.0 EH/s by the end of 2022 is achievable. Shares of Stronghold Digital (SDIG) tumbled more than 25% after hours after the bitcoin miner that uses waste coal for energy reported fiscal fourth quarter revenues and earnings that came in well short of analyst estimates.

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