Stronghold Digital Mining (SDIG) just unveiled an update.
The Company recently disclosed a preliminary financial update for the first quarter of 2024, revealing an estimated $27.5 million in revenue, with $26.7 million from cryptocurrency mining, and a $5.8 million GAAP Net Income. These early figures, still subject to final review, indicate potential growth but come with a caution that they are not final and should not be taken as guaranteed future performance. Amidst forward-looking statements, the Company acknowledges the inherent risks and uncertainties, such as market volatility and regulatory changes, that could significantly impact the actual outcomes compared to their current projections.
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