Replies to post #1351 on Digihost Technology Inc (DGHI)

[eom7]

Really? Could of fooled me.

[SV Solar Surge]

It appears so GW!!  Here is a Look at Digihost Technology Q3 Earnings Report

https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00043472&issuerType=03&projectNo=03146052&docId=4847381

On September 30th (last day of Q3) BTC closed at $10,600 in which we show the value of our Bitcoin position to be valued around $1.37M USD.  ÷ that by the price of the BTC Q3 close and that would represent the roughly 130 coins we "had" and exactly what Mr. Amar communicated. An increase of nearly 50 BTC or 60% in a quarter!

Rewind & Take it back to February Q1 when Amar's & co. took over project "DigiGhost" & we owned 0 BTC worth well $0 USD/CAN dollars
(*only time its the same or not necessary to convert currency differences LoL) and took on a little to no debt company with the "Mine for a Dime in Time" TM@ strategy. 

Q2 we own 80 BTC x $9,200 worth $736,000
Q3 we own est.130 BTC x $10,600 worth $1,369,000 as of 9/30

Fast forward at slowest speed to today LoL


Today December 1st ~ Same 130 BTC x $19,000 worth $2,470,000 (+80% or $1,100,000 more just in 60 days)

Since Q3 ended ~ nearly 2/3 of a quarter have passed (meaning we have mined even more BTC of about 1 per day est.) & BTC has since then nearly doubled!!

Q4 I would estimate Digihost could have 175 BTC (a similar qrtly increase of about 45 coins, assuming they hold/keep just half the new coins that they mine of over 1 per day) and wb worth $3,500,000USD @ $20K!!

So in a short period of time not only did the Amar's and co. grow our BTC position from ZERO in FEBRUARY to potentially 175 by year end, but the value of these holdings can grow to nearly 3x just since Q3 and as much as 5x since Q2.  "Bravo y Kudos" TM@

A few other things that I think separates us from the "already recognized runners" are little shares, little float, little debt, little overhead/energy costs, little competition/players, what about little known, particularly for ownin such A lotta Bitcoin!!! Little market cap, yeah I agree....for a little longer.

Are these other companies just mining BTC and selling real time just to make ends meet or make a small cut, unlike the fortunate and continued strategy of mining and holding for GOLD, aka "BTC" now a days Hahaha!!!?? I think so as you can see below we are well ahead in regard to that strategy and ultimate goal.


Here is a little blurb about Big Ole' M*r@ and their situation published in their most recent ER.
https://www.google.com/amp/s/www.coindesk.com/marathon-patent-q3-2020-earnings-bitcoin-mining%3famp=1

**The value of bitcoins held by the firm has more than quadrupled since the previous quarter, reaching $450,000 (**peanuts - I put that in here) at the end of Q3. Bitcoin appreciated 17% in Q3 ending the period at $10,600.

**“In all previous quarters, we only produced enough BTC that needed to be sold to cover the cost of our operations,” a Marathon spokesperson told CoinDesk via email. But because the firm no longer needs to cover operating costs by selling newly minted bitcoins, the company has started (**also my doing here but key word being started...good job) to simply hold the assets (you can afford to do this only if you have your operating expenses under control, little debt, deep pockets and/or patient creditors who too dream big...ok I'm done)

Anyway, I would say some are starting to take note and shape up reflected in our highest closing price in some time. Volume is another story and once that tall tale gets told lets just say DigiGhost will lose the G & no longer be a Ghost, nor will it be a penny stock and will have some BIG GREEN TAILS to share w ALL!!! 





SURGE 

[eom7]

Company to buy back up to 5% of Company:

DIGIHOST ANNOUNCES NORMAL COURSE ISSUER BID
VANCOUVER, British Columbia, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Digihost Technology Inc. ( TSX-V: DGHI; OTCPK: HSSHF ) ( “Digihost” or the “Company” ) is pleased to announce that it has received approval to undertake, at the Company’s discretion, a normal course issuer bid program to purchase up to 2,003,683 of its subordinate voting shares for cancellation (the “ Bid ”).
The Company is commencing the Bid because it believes that from time to time the market price of its subordinate voting shares may not fully reflect the underlying value of the Company’s business, and that the repurchase of its subordinate voting shares at those times would be in the best interests of its shareholders.

As of the date hereof, the Company has 40,073,661 subordinate voting shares issued and outstanding. The maximum number of subordinate voting shares that may be purchased by the Company under the Bid represents approximately 5% of the Company’s issued and outstanding shares. Shares repurchased under the Bid will be returned to treasury for cancellation. The Company received acceptance from the TSX Venture Exchange (the “ TSXV ”) to commence the Bid on December 10, 2020. The Bid will terminate on December 10, 2021, or on an earlier date in the event that the maximum number of common shares sought in the Bid has been repurchased. The Company reserves the right to terminate the Bid at any time.

Purchases pursuant to the Bid are expected to be made through the facilities of the TSXV, or such other permitted means (including through alternative trading systems in Canada), at prevailing market prices.

The Company has engaged Canaccord Genuity Corp. to act as the broker through which the Bid will be conducted.

About Digihost Technology Inc.

Digihost Technology Inc. is a growth-oriented blockchain company primarily focused on Bitcoin mining. The Company’s mining facility is located in Buffalo, N.Y., and is equipped with an 18.7MVA 115,000-kilovol-ampere outdoor substation with an option to increase the power output to 42MVA.

For more information, please contact:
Michel Amar, Chief Executive Officer
Telephone: [phone]
Email: [e-mail]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.