Stronghold Digital Mining, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 27.45 million compared to USD 17.21 million a year ago. Revenue was USD 27.52 million compared to USD 17.27 million a year ago.

Net income was USD 4.92 million compared to net loss of USD 28.54 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to basic loss per share from continuing operations of USD 6.52 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to diluted loss per share from continuing operations of USD 6.52 a year ago.