OMERS ADMINISTRATION Corp Boosts Stock Holdings in Stronghold Digital Mining, Inc. (NASDAQ:SDIG)

OMERS ADMINISTRATION Corp boosted its stake in shares of Stronghold Digital Mining, Inc. (NASDAQ:SDIG) by 89.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 444,400 shares of the company’s stock after purchasing an additional 210,400 shares during the period. OMERS ADMINISTRATION Corp owned approximately 2.58% of Stronghold Digital Mining worth $1,555,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. BIT Capital GmbH purchased a new position in Stronghold Digital Mining during the fourth quarter worth approximately $5,478,000. Walleye Capital LLC raised its stake in Stronghold Digital Mining by 49.8% during the fourth quarter. Walleye Capital LLC now owns 303,000 shares of the company’s stock worth $1,060,000 after purchasing an additional 100,707 shares during the period. K2 Principal Fund L.P. raised its stake in Stronghold Digital Mining by 30.4% during the fourth quarter. K2 Principal Fund L.P. now owns 227,611 shares of the company’s stock worth $797,000 after purchasing an additional 53,050 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Stronghold Digital Mining during the fourth quarter worth approximately $600,000. Finally, Cubist Systematic Strategies LLC purchased a new position in Stronghold Digital Mining during the fourth quarter worth approximately $302,000. Hedge funds and other institutional investors own 19.33% of the company’s stock.

Stronghold Digital Mining Stock Performance

Shares of SDIG stock opened at $2.81 on Friday. The company’s fifty day simple moving average is $2.81 and its 200-day simple moving average is $3.68. Stronghold Digital Mining, Inc. has a 52 week low of $1.84 and a 52 week high of $6.70. The company has a current ratio of 0.27, a quick ratio of 0.21 and a debt-to-equity ratio of 1.73. The company has a market cap of $48.45 million, a PE ratio of -0.76 and a beta of 3.00.

About Stronghold Digital Mining

Stronghold Digital Mining, Inc, a crypto asset mining company, focuses on Bitcoin mining in the United States. It operates in two segments, Energy Operations and Cryptocurrency Operations. It also owns and operates coal refuse power generation facilities; and provides environmental remediation and reclamation services.