07:59 AM EST, 01/02/2025 (MT Newswires) -- Digihost Technology ( DGHI ) , an energy infrastructure company that develops data centers, on Thursday said it held Bitcoin (BTC) and cash deposits of about US$10 million as of Dec. 31, compared to $2.3 million at the end of the prior year.

U.S.-listed shares of DGHI were last seen up 6% at US$1.60 in pre-market trading on Thursday.

The company's December revenue rose 21% to about $3.4 million, compared to $2.8 million in the prior year period. Between self-mining and hosting agreements, miners at the company's facilities produced about 35 BTC during the month of December, the company said in a statement.

Digihost ( DGHI ) also invested about $0.5 million in December in capital expenditures, mining infrastructure support equipment, and deposits, bringing total fiscal year 2024 CAPEX deployment to about $5.5 million.

The company expects one of its flagship plants to resume operations in the first week of January after it was temporarily taken offline earlier in the quarter for scheduled multi-year maintenance. "The full utilization of this power capacity is projected to drive substantial revenue growth beginning in Q1, 2025," the company added.

Shares of the company closed down $0.22 or 9%, at $2.14 on Tuesday on the TSX Venture Exchange.