Stronghold Digital Beats Q1 Revenue Estimates, but Misses on Earnings

“Stronghold believes its liquidity position, combined with expected operating cash flow, will be sufficient to meet all existing commitments and fund operations,” the company said in a statement. “The Company also believes that incremental liquidity can be created through proceeds related to Bitcoin miner fleet management and optimization, including potential miner sales and through additional equipment financing agreements, if necessary.”

Source: https://www.coindesk.com/business/2022/05/16/stronghold-digital-beats-q1-revenue-estimates-but-misses-on-earnings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines