Digihost Stock Set for Nasdaq Debut After 3-to-1 Share Consolidation

Digihost Implements Strategic Share Consolidation Ahead of Nasdaq Listing

Digihost Technology Inc. (TSXV: DGHI; OTCQB: HSSHF), a North American Bitcoin mining company, has confirmed the execution of its share consolidation plan designed to pave the way for a Nasdaq Capital Market listing. Effective October 28, 2021, the Company consolidated its shares at a ratio of 3 pre-consolidation shares for every 1 post-consolidation share, a move intended to meet Nasdaq’s minimum share price standards.

What the Consolidation Means for Digihost Stock Holders

The consolidation reduces Digihost’s total outstanding shares from a higher count to approximately 25,029,610 shares. While this may appear to dilute share count, the structure is designed to elevate the per-share price—a critical requirement imposed by Nasdaq for listing eligibility. Fractional shares resulting from the consolidation were rounded down to the nearest whole number. Trading commenced on a consolidated basis on the TSX Venture Exchange with a new CUSIP identifier (25381D206) and ISIN (CA25381D2068).

Nasdaq Listing and Dual Exchange Strategy

The Bitcoin mining company is pursuing Nasdaq Capital Market recognition to broaden its institutional investor base and enhance overall liquidity. However, regulatory approval remains pending, and the Company has provided no guarantees regarding final Nasdaq listing status. Digihost stock will continue trading on the TSX Venture Exchange under the symbol DGHI and on the OTCQB as HSSHF until Nasdaq approval materializes.

Company Growth Trajectory and Mining Operations

Digihost Technology focuses on blockchain infrastructure, specifically Bitcoin mining operations. The Company currently operates at a hashrate of 285PH, with expansion targets reaching 3.6 EH by year-end 2022. This growth trajectory reflects the firm’s strategy to scale mining capacity and diversify operational efficiency.

Key Takeaways for Investors

The share consolidation represents a fundamental restructuring rather than a financial disadvantage. Digihost stock holders maintaining positions experience no immediate dilution to ownership percentages—the consolidation is purely mechanical. The Nasdaq listing ambition signals management confidence in the Company’s operational resilience and market positioning within the competitive cryptocurrency mining sector. Investors should monitor the Company’s regulatory filings for updates on Nasdaq approval timelines.