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Digihost Technology reported a strong Bitcoin production update for November 2021, producing 69.01 BTC and selling 10.67 BTC from older miners, raising total holdings to 570.95 BTC valued at approximately $32.7 million. The company's ETH holdings reached 1,000.89, valued at $4.8 million, leading to a total digital asset inventory of $37.5 million. The hashrate increased to 415PH, with expectations to reach 1.2EH by Q1 2022. Notably, BTC production increased by 164% YoY in November, translating to an increased value of $3.4 million.
Digihost Technology reported a strong Bitcoin mining performance for October 2021, producing 41.84 BTC and raising total holdings to 494.08 BTC, valued at approximately $30.3 million. The company also held 1,000.89 ETH worth about $4.3 million, bringing total digital asset value to around $34.6 million. With a current hashrate of approximately 400PH, it expects to grow to 500PH soon. The company anticipates further growth with new high-performance miners and reported a year-over-year BTC production increase of 256%.
Digihost Technology Inc. (OTCQB: HSSHD) has announced its approval to list on the Nasdaq Capital Market, with trading set to begin on November 15, 2021, under the symbol "DGHI." This transition aims to enhance liquidity and investor profile, providing greater access to capital and institutional recognition. Digihost, focused on Bitcoin mining, plans to expand its hashrate from 400PH to 3.6EH by the end of 2022. The company maintains its TSX Venture Exchange listing under the same ticker.
