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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
OPERATING REVENUES:    
Operating revenues $ 74,966,300 $ 110,223,818
OPERATING EXPENSES:    
Fuel 28,590,348 32,970,826
Operations and maintenance 32,836,172 57,030,189
General and administrative 31,430,280 44,460,810
Depreciation and amortization 35,415,286 47,235,344
Loss on disposal of fixed assets 3,818,307 2,511,262
Realized gain on sale of digital currencies (967,995) (1,102,220)
Realized (gain) loss on sale of miner assets (52,000) 8,012,248
Impairments on miner assets 0 40,683,112
Impairments on digital currencies 910,029 8,339,660
Impairments on equipment deposits 5,422,338 17,348,742
Total operating expenses 137,402,765 257,489,973
NET OPERATING LOSS (62,436,465) (147,266,155)
OTHER INCOME (EXPENSE):    
Interest expense (9,846,359) (13,911,008)
Loss on debt extinguishment (28,960,947) (40,517,707)
Gain on extinguishment of PPP loan 0 841,670
Changes in fair value of warrant liabilities (646,722) 4,226,171
Realized gain on sale of derivative contract 0 90,953
Changes in fair value of forward sale derivative 0 3,435,639
Changes in fair value of convertible note 0 (2,167,500)
Other 65,000 95,970
Total other income (expense) (39,389,028) (47,905,812)
NET LOSS (101,825,493) (195,171,967)
NET LOSS attributable to noncontrolling interest (30,428,749) (105,910,737)
Deemed contribution from exchange of Series C convertible preferred stock 20,492,568 0
NET LOSS attributable to Stronghold Digital Mining, Inc. $ (50,904,176) $ (89,261,230)
NET LOSS attributable to Class A common shareholders:    
Basic (in USD per share) $ (7.46) $ (34.53)
Diluted (in USD per share) $ (7.46) $ (34.53)
Weighted average number of Class A common shares outstanding:    
Basic (in shares) 6,821,173 2,584,907
Diluted (in shares) 6,821,173 2,584,907
Cryptocurrency mining    
OPERATING REVENUES:    
Operating revenues $ 52,885,456 $ 58,763,565
Cryptocurrency hosting    
OPERATING REVENUES:    
Operating revenues 14,614,589 459,872
Energy    
OPERATING REVENUES:    
Operating revenues 5,814,251 45,384,953
Capacity    
OPERATING REVENUES:    
Operating revenues 1,442,067 5,469,648
Other    
OPERATING REVENUES:    
Operating revenues $ 209,937 $ 145,780