Digihost CEO to Current at H.C. Wainwright World Funding Convention

Fenika Bench

TORONTO, Might 20, 2022 (GLOBE NEWSWIRE) — Digihost Expertise Inc. (“Digihost” or the “Firm”) (Nasdaq: DGHI; TSXV: DGHI) is happy to announce that Michel Amar, Chairman and CEO, can be presenting in particular person and collaborating in one-on-one conferences with traders on the upcoming H.C. Wainwright World Funding Convention. This hybrid convention is being hosted on the Fontainebleau Miami Seaside Resort from Might 23-26, 2022 and could also be accessed by members both in-person or just about.  

About Digihost

Digihost is a growth-oriented blockchain expertise firm primarily centered on Bitcoin mining. By its self-mining operations and three way partnership agreements, the Firm is presently hashing at a charge of roughly 450 PH/s.

For additional data, please contact:

Digihost Expertise Inc.
Michel Amar, Chief Government Officer
T: 1-818-280-9758
E mail: [email protected]

Cautionary Assertion 
Buying and selling within the securities of the Firm needs to be thought-about extremely speculative. No inventory trade, securities fee or different regulatory authority has accepted or disapproved the knowledge contained herein. Neither the TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this launch.

Ahead-Wanting Statements 
Aside from the statements of historic reality, this information launch incorporates “forward-looking data” and “forward-looking statements” (collectively, “forward-looking data”) which are primarily based on expectations, estimates and projections as on the date of this information launch and are coated by secure harbors underneath Canadian and United States securities legal guidelines. Ahead-looking data on this information launch contains details about potential additional enhancements to profitability and effectivity throughout mining operations together with, because of the Firm’s enlargement efforts, acquisitions of apparatus and infrastructure, potential for the Firm’s long-term development, and the enterprise targets and targets of the Firm. Elements that might trigger precise outcomes to vary materially from these described in such forward-looking data embody, however will not be restricted to: the flexibility to acquire regulatory approval for and full acquisitions of apparatus and infrastructure on the phrases as introduced or in any respect; the flexibility to efficiently combine the acquisitions of apparatus and infrastructure on an financial foundation or in any respect; future capital wants and uncertainty of further financing, together with the Firm’s potential to make the most of the Firm’s at-the-market providing program (the “ATM Program”) and the costs at which the Firm might promote securities within the ATM Program, in addition to capital market situations usually; share dilution ensuing from the ATM Program and from different fairness issuances; dangers referring to the technique of sustaining and rising Bitcoin holdings and the impression of depreciating Bitcoin costs on working capital; regulatory and different unanticipated points that prohibit us from declaring or paying dividends to our shareholders which are payable in Bitcoin; continued results of the COVID19 pandemic might have a fabric adversarial impact on the Firm’s efficiency as provide chains are disrupted and forestall the Firm from working its property; approval of the Public Service Fee or different regulatory or board approvals being acquired on a well timed foundation, or in any respect; the acquisition of North Tonawanda, New York amenities closing on well timed foundation, or in any respect; potential to entry further energy from the native energy grid; a lower in cryptocurrency pricing, quantity of transaction exercise or typically, the profitability of cryptocurrency mining; additional enhancements to profitability and effectivity might not be realized; the digital foreign money market; the Firm’s potential to efficiently mine digital foreign money on the cloud; the Firm might not be capable of profitably liquidate its present digital foreign money stock, or in any respect; a decline in digital foreign money costs might have a big unfavourable impression on the Firm’s operations; the volatility of digital foreign money costs; and different associated dangers as extra absolutely set out within the Annual Data Type of the Firm and different paperwork disclosed underneath the Firm’s filings at www.sedar.com. The forward-looking data on this information launch displays the present expectations, assumptions and/or beliefs of the Firm primarily based on data presently accessible to the Firm. In reference to the forward-looking data contained on this information launch, the Firm has made assumptions about: the present profitability in mining cryptocurrency (together with pricing and quantity of present transaction exercise); worthwhile use of the Firm’s property going ahead; the Firm’s potential to profitably liquidate its digital foreign money stock as required; historic costs of digital currencies and the flexibility of the Firm to mine digital currencies on the cloud can be in step with historic costs; the flexibility to keep up dependable and economical sources of energy to run its cryptocurrency mining property; the unfavourable impression of regulatory modifications within the vitality regimes within the jurisdictions through which the Firm operates; the flexibility to stick to Digihost’s dividend coverage and the timing and quantum of dividends primarily based on, amongst different issues, the Firm’s working outcomes, money move and monetary situation, Digihost’s present and anticipated capital necessities, and common enterprise situations; and there can be no regulation or regulation that may forestall the Firm from working its enterprise. The Firm has additionally assumed that no important occasions happen exterior of the Firm’s regular course of enterprise. Though the Firm believes that the assumptions inherent within the forward-looking data are affordable, forward-looking data will not be a assure of future efficiency and accordingly undue reliance shouldn’t be placed on such data because of the inherent uncertainties therein.

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