- Digihost Technology Inc. (DGHI) has released its Bitcoin production results for the month of July
- The company mined 34 per cent more Bitcoin month-over-month and 291 per cent more year-over-year
- As of July 31, 2021, the company’s holdings represent a fair market value of approximately US$16.7 million
- The company also highlighted its continued commitment to its ESG initiatives
- Digihost Technology Inc. is a growth-oriented blockchain technology company primarily focused on Bitcoin mining
- Digihost Technology Inc. (DGHI) is up 1.80 per cent, trading at $1.70 per share
Digihost Technology Inc. (DGHI) has released its Bitcoin production results for the month of July.
The company produced 51.28 BTC during the month, increasing total holdings to 402.1 BTC. As of July 31, 2021, the company’s holdings represent a fair market value of approximately US$16.7 million.
Compared to June, Digihost mined 34 per cent more Bitcoin in July, increasing the company’s fair market value of BTC to $769,000 month-over-month.
Michel Amar, Digihost CEO, commented on the results.
“We are extremely pleased by the tremendous growth in our mining operations, illustrated by the substantial increase in Bitcoins mined on both a month-over-month and year-over-year perspective.”
Year-over-year, Digihost mined an additional 291 per cent BTC, increasing its fair market value year-over-year by $2.0 million.
Mr. Amar highlighted the company’s commitment to its ESG initiatives, in which 90 per cent of its operational energy consumed comes from zero-carbon emission sources and over 50 per cent comes from renewable sources.
“We are steadfast in our intent to be an ESG leader in the cryptocurrency mining space,” he said, “and in continuing being one of the cleanest green Bitcoin mining operations in the United States.”
Digihost Technology Inc. is a growth-oriented blockchain technology company primarily focused on Bitcoin mining.
Digihost Technology Inc. (DGHI) is up 1.80 per cent, trading at $1.70 per share as of 3:42 pm ET.