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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING REVENUES:    
Operating revenues $ 27,522,185 $ 17,266,215
OPERATING EXPENSES:    
Fuel 7,410,828 7,414,014
Operations and maintenance 8,241,725 8,440,923
General and administrative 6,598,346 8,468,755
Depreciation and amortization 9,514,654 7,722,841
Loss on disposal of fixed assets 0 91,086
Realized gain on sale of digital currencies (624,107) (326,768)
Unrealized gain on digital currencies (1,227) 0
Realized gain on sale of miner assets (36,012) 0
Impairments on digital currencies 0 71,477
Total operating expenses 31,104,207 31,882,328
NET OPERATING LOSS (3,582,022) (14,616,113)
OTHER INCOME (EXPENSE):    
Interest expense (2,263,409) (2,383,913)
Loss on debt extinguishment 0 (28,960,947)
Changes in fair value of warrant liabilities 11,677,720 (714,589)
Other 10,000 15,000
Total other income (expense) 9,424,311 (32,044,449)
NET INCOME (LOSS) 5,842,289 (46,660,562)
NET INCOME (LOSS) attributable to noncontrolling interest 918,287 (18,119,131)
NET INCOME (LOSS) attributable to Stronghold Digital Mining, Inc. $ 4,924,002 $ (28,541,431)
NET INCOME (LOSS) attributable to Class A common shareholders:    
Basic (in USD per share) $ 0.35 $ (6.52)
Diluted (in USD per share) $ 0.35 $ (6.52)
Weighted average number of Class A common shares outstanding:    
Basic (in shares) 13,989,820 4,375,614
Diluted (in shares) 13,989,820 4,375,614
Cryptocurrency mining    
OPERATING REVENUES:    
Operating revenues $ 21,291,058 $ 11,297,298
Cryptocurrency hosting    
OPERATING REVENUES:    
Operating revenues 5,457,529 2,325,996
Energy    
OPERATING REVENUES:    
Operating revenues 700,067 2,730,986
Capacity    
OPERATING REVENUES:    
Operating revenues 0 859,510
Other    
OPERATING REVENUES:    
Operating revenues $ 73,531 $ 52,425