Odaily News Bitcoin mining company Digihost released a summary of unaudited financial results for the quarter ending March 31, 2024. It announced that the revenue for Q1 2024 was $12.96 million, compared with $4.1 million in the first quarter of 2023, an increase of 216%, setting a new record for a single quarter; net profit was $4.84 million, while the net loss in the first quarter of 2023 was $9.09 million, an increase of 153%; total assets were $41.24 million; property, plant and equipment mainly consisted of the company's Bitcoin miners and mining support infrastructure, valued at $29.48 million; digital currency was $2.9 million, an increase of 254% from the first quarter of 2023. (GlobeNewswire)