Stronghold Digital Mining Stock Today
| SDIG Stock | USD 5.04 0.14 2.86% |
Performance1 of 100
| Odds Of DistressOver 66
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Stronghold Digital is trading at 5.04 as of the 25th of November 2024. This is a 2.86 percent increase since the beginning of the trading day. The stock's lowest day price was 4.68. Stronghold Digital has more than 66 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Stronghold Digital Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 20th of October 2021 | Category Financial Services | Classification Information Technology |
Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. The company was incorporated in 2021 and is headquartered in New York, New York. Stronghold Digital operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. The company has 14.84 M outstanding shares of which 592.98 K shares are at this time shorted by private and institutional investors with about 1.46 trading days to cover. More on Stronghold Digital Mining
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Stronghold Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO Chairman | Gregory Beard | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software & Services, Information Technology, NASDAQ Composite, Information Technology, Software, Capital Markets, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsStronghold Digital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Stronghold Digital's financial leverage. It provides some insight into what part of Stronghold Digital's total assets is financed by creditors.
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Stronghold Digital Mining (SDIG) is traded on NASDAQ Exchange in USA. It is located in 595 Madison Avenue, New York, NY, United States, 10022 and employs 111 people. Stronghold Digital is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 74.78 M. Stronghold Digital Mining conducts business under Software sector and is part of Information Technology industry. The entity has 14.84 M outstanding shares of which 592.98 K shares are at this time shorted by private and institutional investors with about 1.46 trading days to cover.
Stronghold Digital Mining currently holds about 16.72 M in cash with (7.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69.
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Ownership AllocationThe market capitalization of Stronghold Digital is $74.78 Million. 30% of Stronghold Digital Mining outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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Stronghold Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| State Street Corp | 2024-06-30 | 25.9 K | |
| Northern Trust Corp | 2024-09-30 | 24.5 K | |
| Jane Street Group Llc | 2024-06-30 | 22.3 K | |
| Jbf Capital, Inc. | 2024-09-30 | 20 K | |
| Millennium Management Llc | 2024-06-30 | 13.9 K | |
| Western Wealth Management, Llc | 2024-06-30 | 13.8 K | |
| Covestor Ltd | 2024-06-30 | 13.3 K | |
| Simplex Trading, Llc | 2024-06-30 | 12.8 K | |
| Renaissance Technologies Corp | 2024-09-30 | 11.1 K | |
| Vanguard Group Inc | 2024-09-30 | 508.8 K | |
| Anson Funds Management Lp | 2024-09-30 | 488.4 K |
Stronghold Digital Historical Income Statement
Stronghold Stock Against Markets
Stronghold Digital Corporate Management
| Robert Lovett | Vice Compliance | Profile | |
| Matthew Smith | CFO Director | Profile | |
| Richard Shaffer | Senior Management | Profile | |
| Ryan Weber | Chief Officer | Profile | |
| Charles Talcott | Director Operations | Profile |
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stronghold Digital. If investors know Stronghold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stronghold Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.80) | Revenue Per Share 7.636 | Quarterly Revenue Growth 0.048 | Return On Assets (0.16) | Return On Equity (0.95) |
The market value of Stronghold Digital Mining is measured differently than its book value, which is the value of Stronghold that is recorded on the company's balance sheet. Investors also form their own opinion of Stronghold Digital's value that differs from its market value or its book value, called intrinsic value, which is Stronghold Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stronghold Digital's market value can be influenced by many factors that don't directly affect Stronghold Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stronghold Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stronghold Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stronghold Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.