Shares of Digihost Technology Inc. (OTCMKTS:HSSHF – Get Free Report) traded down 4.7% during mid-day trading on Tuesday. The company traded as low as $3.00 and last traded at $3.02. 1,955,909 shares were traded during trading, an increase of 445% from the average daily volume of 358,955 shares. The stock had previously closed at $3.17.
Digihost Technology Stock Down 8.4%
The business has a fifty day moving average of $3.84 and a two-hundred day moving average of $4.57.
About Digihost Technology
Digihost Technology Inc is a North American digital asset mining company focused primarily on the mining of Bitcoin. The company operates and develops cryptocurrency mining facilities, deploying specialized computer hardware and related power and data-center infrastructure to support blockchain transactions and earn digital assets.
Digihost has pursued a vertically integrated operating model that includes managing mining equipment, power resources and data-center facilities. Its operations have been concentrated in the United States, including facilities in New York, with the company seeking access to reliable and competitively priced electricity to support its mining activities.
The company is headquartered in Toronto, Canada.
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