Bitcoin Stock News: Digihost (TSXV: $DGHI.V) (OTCPK: $HSSHF) Announces 33.7 Bitcoins Mined in the Month of January
VANCOUVER, British Columbia - February 5, 2021 (Investorideas.com Newswire) Digihost Technology Inc. ("Digihost" or the "Company") (TSXV: DGHI; OTCPK: HSSHF) is pleased to announce that the Company has increased its Bitcoin ("BTC") holdings by a total of 33.7 BTC as of January 31, 2021, which it accumulated through its BTC mining operations in the month of January 2021. Digihost now has a total of 183.7 BTC in its possession, which based on current BTC prices have an approximate value of US$6,890,000.
Digihost is also happy to report that the Company has increased its hashrate from 143 Petahash on December 31, 2020 to 184 Petahash on January 31, 2021. Management believes that with the increase in its hashrate, Digihost is well positioned to capitalize on increased expansion of operations and maintain strong BTC mining operations throughout 2021 and beyond.
About Digihost Technology Inc.
Digihost Technology Inc. is a growth-oriented blockchain company primarily focused on Bitcoin mining. The Company's mining facility is located in Buffalo, N.Y., and is equipped with an 18.7MVA 115,000-kilovolt-ampere outdoor substation with an option to increase the power output to 42MVA.
For further information, please contact:
Digihost Technology Inc.
Michel Amar, Chief Executive Officer
Email: michelamar@me.com
Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of Digihost and its investee companies to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. All statements contained in this news release, other than statements of historical fact, are to be considered forward-looking. Although Digihost believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking information. Digihost does not undertake to update any forward-looking information except in accordance with applicable securities laws.
More Info:
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
