Brief: Digihost Announces Y/Y 150% Increase In Quarter To Date Bitcoin Production And Provides Operations Update

Digi Power X

01/06/2022 12:44

June 1 (Reuters) - Digihost Technology Inc  DGHI.V :
    * DIGIHOST ANNOUNCES Y/Y 150% INCREASE IN QUARTER TO DATE
BITCOIN
PRODUCTION AND PROVIDES OPERATIONS UPDATE
    * DIGIHOST TECHNOLOGY INC - MINED 70.47 BTC, RESULTING IN
TOTAL
HOLDINGS OF 637.66 BTC AT END OF MAY
    * DIGIHOST TECHNOLOGY INC - PRODUCED ETHEREUM ("ETH")
HOLDINGS OF
1,000.89 ETH AT END OF MAY
    * DIGIHOST TECHNOLOGY INC - TOTAL DIGITAL ASSET INVENTORY
VALUE,
CONSISTING OF BTC AND ETH, OF APPROXIMATELY $22.37 MILLION AS OF
MAY 31, 2022
    * DIGIHOST - IN ORDER TO AVOID EQUITY DILUTION FOR
SHAREHOLDERS,
MANAGEMENT SOLD PORTION OF ITS BTC PRODUCTION DURING MAY TO FUND
ITS ENERGY COSTS
    * DIGIHOST - LIQUID ASSETS ATTRIBUTABLE TO INVESTMENTS IN
CRYPTOCURRENCY OPERATION VALUED ABOUT $2.8 MILLION IN ADDITION
TO CASH ON HAND OF ABOUT $5 MILLION

Source text for Eikon:  ID:nGNX26RTrH 
Further company coverage:  DGHI.V 

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