Stronghold Digital Mining, Inc. Class A (SDIG) has disclosed a new risk, in the Manufacturing category.
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Stronghold Digital Mining, Inc. Class A is venturing into the carbon capture domain, using beneficial ash from its combustion process to potentially sequester CO2. Although the company is conducting pilot tests at its Scrubgrass Plant, the effectiveness and economic viability remain uncertain, with no guarantee of successful monetization through carbon credits or tax incentives. The financial implications of scaling up the carbon capture program and navigating the complex market for voluntary carbon credits pose significant risks. Stronghold’s innovative strides in carbon capture technology carry inherent uncertainties that may impact its financial stability and operational outcomes.
The average SDIG stock price target is $7.00, implying 45.53% upside potential.
To learn more about Stronghold Digital Mining, Inc. Class A’s risk factors, click here.
