Stronghold Digital Mining, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 21.67 million compared to USD 24.68 million a year ago. Revenue was USD 21.74 million compared to USD 24.74 million a year ago.

Net loss was USD 17.4 million compared to USD 27.93 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to basic loss per share from continuing operations of USD 7.36 a year ago. Diluted loss per share from continuing operations was USD 1.46 compared to USD 7.36 a year ago.