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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
OPERATING REVENUES:    
Operating revenues $ 17,266,215 $ 29,381,650
OPERATING EXPENSES:    
Fuel 7,414,014 10,019,985
Operations and maintenance 8,440,923 10,520,305
General and administrative 8,468,755 11,424,231
Depreciation and amortization 7,722,841 12,319,581
Loss on disposal of fixed assets 91,086 44,958
Realized gain on sale of digital currencies (326,768) (751,110)
Impairments on digital currencies 71,477 2,506,172
Impairments on equipment deposits 0 12,228,742
Total operating expenses 31,882,328 58,312,864
NET OPERATING LOSS (14,616,113) (28,931,214)
OTHER INCOME (EXPENSE):    
Interest expense (2,383,913) (2,911,453)
Loss on debt extinguishment (28,960,947) 0
Changes in fair value of warrant liabilities (714,589) 0
Changes in fair value of forward sale derivative 0 (483,749)
Other 15,000 20,000
Total other income (expense) (32,044,449) (3,375,202)
NET LOSS (46,660,562) (32,306,416)
NET LOSS attributable to noncontrolling interest (18,119,131) (18,897,638)
Net loss attributable to Stronghold Digital Mining, Inc. $ (28,541,431) $ (13,408,778)
NET LOSS attributable to Class A common shareholders:    
Basic (in USD per share) $ (0.65) $ (0.66)
Diluted (in USD per share) $ (0.65) $ (0.66)
Weighted average number of Class A common shares outstanding:    
Basic (in shares) 43,756,137 20,206,103
Diluted (in shares) 43,756,137 20,206,103
Cryptocurrency mining    
OPERATING REVENUES:    
Operating revenues $ 11,297,298 $ 18,204,193
Energy    
OPERATING REVENUES:    
Operating revenues 2,730,986 9,044,392
Cryptocurrency hosting    
OPERATING REVENUES:    
Operating revenues 2,325,996 67,876
Capacity    
OPERATING REVENUES:    
Operating revenues 859,510 2,044,427
Other    
OPERATING REVENUES:    
Operating revenues $ 52,425 $ 20,762