Seeking Alpha
2021-12-01 12:58:14

Digihost Technology produces 69.01 BTC during November

Digihost Technology (NASDAQ:DGHI) produced 69.01 BTC during November thereby increasing total holdings to 570.95 BTC representing a fair market value of ~$32.7M as of Nov.30. Total Ethereum holdings of 1,000.89 ETH representing a fair market value of ~$4.8M as at Nov.30, 2021. Total digital asset inventory value consisting of BTC and ETH of ~$37.5M as at Nov.30, 2021. Total cash and digital asset holdings was ~$43.8M. YTD deposits on equipment and infrastructure to be installed in Q4 2021 and Q1 2022 related to the company's core business of ~$32.8M. For the eleven-month period ended November 30, 2021, the Company’s mining fleet produced 459.10 BTC. On a Y/Y basis, the company mined 164% more BTC in November 2021; based on Nov.30, 2021, BTC prices compared to year ago prices and the increase in production of BTC mined, the fair market value of the company's BTC mined in November 2021 increased by ~$3.4M. On a M/M basis, the company mined 65% more BTC in November 2021; based on Nov.30, 2021,

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