Is A Bounce Coming? Digihost Technology Inc (OTCMKTS:HSSHF) (CVE:DGHI)
Digihost Technology Inc (OTCMKTS:HSSHF) (CVE:DGHI) stock is trading a lower in the mid-day trading on Tuesday after the news.
Market Reaction:
As of 1.36, HSSHF stock moved down 1% to $1.60 with more than 128K shares, compared to its average volume of 513K shares. The stock has moved within a range of $1.5700 – 1.7800 after opening the trade at $1.70.
Major Trigger:
Digihost Appoints Chief Renewable Energy Officer to Lead Its DigiGreen Initiative
Key Highlights:
- HSSHF announced the appointment of Mr. Luke Marchiori as the Company’s new Chief Renewable Energy Officer (“CREO”) in an advisory role, effective June 15, 2021. Mr. Marchiori will be based out of New York and will oversee the management of the Company’s DigiGreen initiative, displacing traditional energy supply with sustainable alternatives as disclosed in the Company’s June 7, 2021 news release.
- In addition to his advisement on renewable energy supply for Digihost, Mr. Marchiori will continue as Executive Vice President at EnergyMark, LLC, a regional supplier of electricity, natural gas, renewable energy and power project developments.
- Mr. Marchiori sits on the Board of the Clean Communities of Western New York, an advocacy group promoting the use of non-petroleum transportation fuels, emphasizing electric vehicles along with compressed natural gas for fleet vehicles. He is also a member in the New York Solar Energy Industries Association, a trade association advocating for the growth in the use of solar power, such as Community Solar, in New York State. Mr. Marchiori holds a Bachelor’s degree in Finance & Economics and an MBA from St. Bonaventure University.
Key Quote:
Michel Amar, CEO of the Company, stated: “We are very pleased to welcome Luke to Digihost’s senior management team, and we look forward to benefitting from his extensive experience in the cleantech and renewable energy sector to achieve the objectives of our DigiGreen initiative. We are proud to be a leader in the cryptocurrency mining space with our DigiGreen initiative.
