Saturday, September 13, 2025

Digihost Closes $15 Million Financing, Files Registration Statement

Digihost Technologies (TSXV: DGHI) last night announced that it has closed its outstanding private placement, raising gross proceeds of $15.0 million. The financing was reportedly conducted with certain institutional investors.

The financing saw a total of $15.0 million raised at a price of $1.80 per unit. Each unit contained one common share and three quarters of a common share purchase warrant. Each warrant is valid for a period of three years from the date of issuance and contains an exercise price of $1.99 per share.

Proceeds from the financing are to be used to acquire additional bitcoin miners, expand infrastructure, and improve the firms working capital position.

Notably, the financing was expected to close on June 18 at the time of initial announcement – a full four days before its actual closing.

The company last night also announced that immediate resignation of Gerard Guez from the firms board of directors for personal reasons. Then this morning, the company announced the filing of a registration statement with the US SEC, putting the company one step closer to listing its shares on the Nasdaq. The firm still has yet to complete all applicable listing and regulatory requirements for the uplisting however.

Digihost Technology last traded at $1.40 on the TSX Venture.


Information for this briefing was found via Sedar and Digihost Technology. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Soma Gold Q2 Earnings: Production Drops Amid Growth Effort

Guanajuato Q2 Earnings: Things Are Going Backwards

Electric Metals: The Sole US Domestic Source Of A Critical Mineral?

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

A Bitcoin Dividend? Digihost Aims To Be First Miner To Pay Out Crypto To Shareholders

Evidently bitcoin dividends are becoming a thing. Digihost Technology (TSXV: DGHI) this morning revealed it...

Monday, April 4, 2022, 09:16:59 AM

Digihost Mines 44.07 Bitcoin In August 2021

Digihost Technology Inc. (TSXV: DGHI) announced this morning that the company has produced 44.07 bitcoin...

Tuesday, September 7, 2021, 09:51:00 AM

Digihost Replaces CFO Two Weeks After Replacing Auditor

Digihost Technology (TSXV: DGHI) this morning announced the replacement of its chief financial officer. Effective...

Thursday, April 29, 2021, 08:20:52 AM

Digihost To Conduct $25.0 Million Financing

There appears to be a very strong demand for digital currency miners among institutions. Last...

Friday, March 12, 2021, 07:27:53 AM

Digihost Announces Date Of 3 To 1 Share Consolidation For Nasdaq Aspirations

Digihost Technology (TSXV: DGHI) is the latest in a string of Canadian public operators to...

Tuesday, October 26, 2021, 08:08:12 AM