0001628280-24-037177 | 10-Q | XBRL Viewer | Stronghold Digital Mining INC

DIGITAL CURRENCIES

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 2 – DIGITAL CURRENCIES

As of June 30, 2024, the Company held an aggregate amount of $253,710 in digital currencies comprised of unrestricted Bitcoin. Changes in digital currencies consisted of the following for the three and six months ended June 30, 2024, and 2023:


	Three Months Ended				Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Digital currencies at beginning of period	$	2,704	$	672,852	$	3,175,595	$	109,827
Additions of digital currencies(1)	17,313,625		15,788,875		42,427,846		28,709,950
Realized (loss) gain on sale of digital currencies	(243,688)		266,665		380,419		593,433
Unrealized gain on digital currencies	145,994		—		147,221		—
Impairment losses	—		(254,353)		—		(325,830)
Proceeds from sale of digital currencies	(16,964,925)		(15,044,386)		(45,976,663)		(27,657,727)
Impact of ASU 2023-08 as of January 1, 2024(2)	—		—		99,292		—
Digital currencies at end of period	$	253,710	$	1,429,653	$	253,710	$	1,429,653

(1) Additions of digital currencies were related to mining activities.

(2) See Note 1 – Basis of Presentation for more details regarding the Company's adoption of ASU 2023-08 as of January 1, 2024.

As previously disclosed, the Company adopted ASU 2023-08 effective January 1, 2024, using a modified retrospective transition method, with a cumulative-effect adjustment of $99,292 recorded to the opening balance of retained earnings. Following the adoption of ASU 2023-08, realized gains (net of realized losses) on the sale of digital currencies were $(243,688) and $380,419 and unrealized gains (net of unrealized losses) on digital currencies were $145,994 and $147,221 for the three and six months ended June 30, 2024.

Furthermore, with the adoption of ASU 2023-08, the Company no longer accounts for digital currencies as indefinite-live intangible assets, and therefore, no impairment losses have been recognized in the current year period. The Company used a first-in, first-out methodology to determine its cost basis for computing realized gains and losses on the sale of digital currencies. The Company’s Bitcoin mining activities are conducted in the ordinary course of business, and the digital currency assets awarded to the Company by mining pool operators are converted nearly immediately into cash. As such, the Company has classified such cash flows derived from its Bitcoin mining within operating activities in the consolidated condensed statements of cash flows.

As of June 30, 2024, the Company's crypto asset holdings consisted of approximately 4.1 Bitcoin with a fair value and carrying value of $253,710. None of these digital currency assets are subject to contractual sale restrictions as of June 30, 2024. The cumulative realized gains and losses from dispositions that occurred during the six months ended June 30, 2024, totaled $861,333 and $480,914, respectively. As of December 31, 2023, the Company's crypto asset holdings consisted of approximately 76.7 Bitcoin with a carrying value was $3,175,595 and fair value of $3,274,887.

REDEEMABLE COMMON STOCK

6 Months Ended

Jun. 30, 2024

Temporary Equity Disclosure [Abstract]

REDEEMABLE COMMON STOCK

NOTE 11 – REDEEMABLE COMMON STOCK

Class V common stock represented 15.6% and 17.8% ownership of Stronghold LLC, as of June 30, 2024, and December 31, 2023, respectively, granting the owners of Q Power economic rights and, as a holder, one vote on all matters to be voted on by the Company's stockholders generally, and a redemption right into Class A shares. Refer to Note 12 – Noncontrolling Interests for more details.

The Company classifies its Class V common stock as redeemable common stock in the accompanying condensed consolidated balance sheets as, pursuant to the Stronghold LLC Agreement, the redemption rights of each unit held by Q Power for either shares of Class A common stock or an equivalent amount of cash is not solely within the Company’s control. This is due to the holders of the Class V common stock collectively owning a majority of the voting stock of the Company, which allows the holders of Class V common stock to elect the members of the Board, including those directors who determine whether to make a cash payment upon a Stronghold LLC unit holder’s exercise of its redemption rights. Redeemable common stock is recorded at the greater of the book value or redemption amount from the date of the issuance, April 1, 2021, and the reporting date as of June 30, 2024.

The Company recorded redeemable common stock as presented in the table below.


	Common - Class V
	Shares	Amount
Balance - December 31, 2023	2,405,760	$	20,416,116
Net loss attributable to noncontrolling interest	—	(2,406,893)

Maximum redemption right valuation	—	(7,592,769)
Balance - June 30, 2024	2,405,760	$	10,416,454

NOTE 15 – EQUITY ISSUANCES

Series C Convertible Preferred Stock

On December 30, 2022, the Company entered into the Exchange Agreement with the Purchasers of the Amended May 2022 Notes whereby the Amended May 2022 Notes were to be exchanged for shares of Series C Preferred Stock that, among other things, will convert into shares of Class A common stock or pre-funded warrants that may be exercised for shares of Class A common stock, at a conversion rate equal to the stated value of $1,000 per share plus cash in lieu of fractional shares, divided by a conversion price of $4.00 per share of Class A common stock. Upon the fifth anniversary of the Series C Preferred Stock, each outstanding share of Series C Preferred Stock will automatically and immediately convert into Class A common stock or pre-funded warrants. In the event of a liquidation, the Purchasers shall be entitled to receive an amount per share of Series C Preferred Stock equal to its stated value of $1,000 per share. The Exchange Agreement closed on February 20, 2023.

Pursuant to the Exchange Agreement, the Purchasers received an aggregate 23,102 shares of the Series C Preferred Stock, in exchange for the cancellation of an aggregate $17,893,750 of principal and accrued interest, representing all of the amounts owed to the Purchasers under the May 2022 Notes. On February 20, 2023, one Purchaser converted 1,530 shares of the Series C Preferred Stock to 382,500 shares of the Company’s Class A common stock. The rights and preferences of the Series C Preferred Stock are designated in a certificate of designation, and the Company provided certain registration rights to the Purchasers. As of June 30, 2024, 5,990 shares of the Series C Preferred Stock remain outstanding following the Series D Exchange Agreement described below.

Series D Exchange Agreement

On November 13, 2023, the Company consummated a transaction (the “Series D Exchange Transaction”) pursuant to an exchange agreement, dated November 13, 2023 (the “Series D Exchange Agreement”) with Adage Capital Partners, LP (the “Holder”) whereby the Company issued to the Holder an aggregate of 15,582 shares of a newly created series of preferred stock, the Series D Convertible Preferred Stock, par value $0.0001 per share (the “Series D Preferred Stock”), in exchange for 15,582 shares of Series C Preferred Stock held by the Holder, which represented all of the shares of Series C Preferred Stock held by the Holder. The Series D Preferred Stock contains substantially similar terms as the Series C Preferred Stock except with respect to a higher conversion price. The Series D Exchange Agreement contains representations, warranties, covenants, releases, and indemnities customary for transactions of this type, as well as certain trading volume restrictions. As a result of the Series D Exchange Transaction, the Company recorded a deemed contribution of $20,492,568 resulting from the extinguishment of 15,582 shares of Series C Preferred Stock associated with the Series D Exchange Transaction. The deemed contribution represented the difference between the carrying value of the existing Series C Preferred Stock and the estimated fair value of the newly-issued Series D Preferred Stock. During the first quarter of 2024, the remaining 7,610 shares of Series D Convertible Preferred Stock were converted to 1,414,117 shares of Class A common stock.

During the six months ended June 30, 2024, the Company incurred $19,637 of final offering costs which has been recorded within additional paid-in capital in the condensed consolidated balance sheet.

September 2022 Private Placement

On September 13, 2022, the Company entered into Securities Purchase Agreements with Armistice and Greg Beard, the Company's chairman and chief executive officer (together with Armistice, the “September 2022 Private Placement Purchasers”), for the purchase and sale of 227,435 and 60,241 shares, respectively, of Class A common stock, par value $0.0001 per share at a purchase price of $16.00 and $16.60, respectively, and warrants to purchase an aggregate of 560,241 shares of Class A common stock, at an initial exercise price of $17.50 per share (subject to certain adjustments). Subject to certain ownership limitations, such warrants are exercisable upon issuance and will be exercisable for five and a half years commencing upon the date of issuance. Armistice also purchased the pre-funded warrants to purchase 272,565 shares of Class A common stock at a purchase price of $16.00 per pre-funded warrant. The pre-funded warrants have an exercise price of $0.001 per warrant share. The transaction closed on September 19, 2022. The gross proceeds from the sale of such securities, before deducting offering expenses, were approximately $9.0 million.

The warrant liabilities are subject to remeasurement at each balance sheet date, and any change in fair value is recognized as "changes in fair value of warrant liabilities" in the condensed consolidated statements of operations. The fair value of the warrant liabilities was estimated as of June 30, 2024, using a Black-Scholes model with significant inputs as follows:


	June 30, 2024
Expected volatility	130.4		%
Expected life (in years)	5.5
Risk-free interest rate	4.3		%
Expected dividend yield	0.00		%
Fair value	$	2,031,813

In connection with the closing of the December 2023 Private Placement (discussed below), the Company and Armistice entered into an amendment to, among other things, adjust the strike price of the remaining outstanding warrants from $10.10 per share to $7.00 per share and extend the expiration date through December 31, 2029. Furthermore, in January 2024, the Company and Mr. Beard entered into an amendment to, among other things, adjust the strike price of the remaining outstanding warrants from $10.10 per share to $7.51 per share.

April 2023 Private Placement

On April 20, 2023, the Company entered into Securities Purchase Agreements with an institutional investor and the Company’s chairman and chief executive officer, Greg Beard, for the purchase and sale of shares of Class A common stock, par value $0.0001 per share at a purchase price of $10.00 per share, and warrants to purchase shares of Class A common stock, at an initial exercise price of $11.00 per share (subject to certain adjustments in accordance with the terms thereof). Pursuant to the Securities Purchase Agreements, the institutional investor invested $9.0 million in exchange for an aggregate of 900,000 shares of Class A common stock and pre-funded warrants, and Mr. Beard invested $1.0 million in exchange for an aggregate of 100,000 shares of Class A common stock, in each case at a price of $10.00 per share

equivalent. Further, the institutional investor and Mr. Beard received warrants exercisable for 900,000 shares and 100,000 shares, respectively, of Class A common stock.

Subject to certain ownership limitations, the warrants are exercisable six months after issuance. The warrants are exercisable for five and a half years commencing upon the date of issuance, subject to certain ownership limitations. The pre-funded warrants have an exercise price of $0.001 per warrant share and are immediately exercisable, subject to certain ownership limitations. The gross proceeds from the April 2023 Private Placement, before deducting offering expenses, were approximately $10.0 million. The April 2023 Private Placement closed on April 21, 2023.


	June 30, 2024
Expected volatility	130.4		%
Expected life (in years)	5.5
Risk-free interest rate	4.3		%
Expected dividend yield	0.00		%
Fair value	$	3,652,212

Additionally, as previously disclosed, the Company entered into Securities Purchase Agreements with the September 2022 Private Placement Purchasers for, in part, warrants to purchase an aggregate of 560,241 shares of Class A common stock, at an exercise price of $17.50 per share. On April 20, 2023, the Company and the September 2022 Private Placement Purchasers entered into amendments to, among other things, adjust the strike price of the warrants from $17.50 per share to $10.10 per share.

Pursuant to Greg Beard's employment agreement with the Company dated September 6, 2023, Mr. Beard is eligible for an annual bonus if the applicable targets to achieve such annual bonus are met. For Mr. Beard's 2023 annual bonus, on January 29, 2024, the Compensation Committee of the Company amended Mr. Beard's warrants under the September 2022 Private Placement (described above) and the April 2023 Private Placement such that the exercise price of the warrants was adjusted to $7.51.

December 2023 Private Placement

On December 21, 2023, the Company entered into a Securities Purchase Agreement with an institutional investor for the purchase and sale of shares of Class A common stock, par value $0.0001 per share at a purchase price of $6.71 per share, and warrants to purchase shares of Class A common stock, at an initial exercise price of $7.00 per share (the “December 2023 Private Placement”). Pursuant to the Securities Purchase Agreement, the institutional investor invested $15.4 million in exchange for an aggregate of 2,300,000 shares of Class A common stock and pre-funded warrants at a price of $6.71 per share equivalent. Further, the institutional investor received warrants exercisable for 2,300,000 shares of Class A common stock.

Subject to certain ownership limitations, the warrants are exercisable six months after issuance. The warrants are exercisable for five and a half years commencing upon the date of issuance, subject to certain ownership limitations. The pre-funded warrants have an exercise price of $0.001 per warrant share and are immediately exercisable, subject to certain ownership limitations. The gross proceeds from the December 2023 Private Placement, before deducting offering expenses, were approximately $15.4 million. The December 2023 Private Placement closed on December 21, 2023.


	June 30, 2024
Expected volatility	130.4		%
Expected life (in years)	5
Risk-free interest rate	4.3		%
Expected dividend yield	0.00		%
Fair value	$	8,230,859

As of June 30, 2024, warrants exercisable for a total of 3,600,000 shares of Class A common stock remained outstanding. However, subsequent to June 30, 2024, the institutional investor exercised all 1,300,000 of its pre-funded warrants for an equal amount of shares of Class A common stock.

ATM Agreement

On May 23, 2023, the Company entered into an at-the-market offering agreement (the "ATM Agreement") with H.C. Wainwright & Co., LLC ("HCW") to sell shares of its Class A common stock having aggregate sales proceeds of up to $15.0 million (the "ATM Shares"), from time to time, through an "at the market" equity offering program under which HCW acts as sales agent and/or principal.

Pursuant to the ATM Agreement, the ATM Shares may be offered and sold through HCW in transactions that are deemed to be “at the market” offerings as defined in Rule 415 under the Securities Act, including sales made directly on The Nasdaq Stock Market LLC or sales made to or through a market maker other than on an exchange or in negotiated transactions. Under the ATM Agreement, HCW is entitled to compensation equal to 3.0% of the gross proceeds from the sale of the ATM Shares sold through HCW. The Company has no obligation to sell any of the ATM Shares under the ATM Agreement and may at any time suspend solicitations and offers under the ATM Agreement. The Company and HCW may each terminate the ATM Agreement at any time upon specified prior written notice.

The ATM Shares have been and are being issued pursuant to the Company’s shelf registration statement on Form S-3 (File No. 333-271671), filed with the SEC on May 5, 2023, as amended by Amendment No. 1 to the registration statement filed with the SEC on May 23, 2023 (as amended, the “ATM Registration Statement”). Pursuant to the ATM Agreement, no sales may be made until 30 days following the date on which the ATM Registration Statement is declared effective. The ATM Registration Statement was declared effective on May 25, 2023.

During the six months ended June 30, 2024, the Company sold zero ATM Shares.

- Definition

The entire disclosure for equity.

+ References

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+ Details

REDEEMABLE COMMON STOCK - Narrative (Details) - Stronghold LLC - vote	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Temporary Equity [Line Items]
Number of votes	1
Q Power LLC
Temporary Equity [Line Items]
Ownership interest	15.60%	17.80%

EARNINGS (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Earnings (Loss) Per Share, Basic and Diluted

The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted net loss per share of Class A common stock for the three and six months ended June 30, 2024, and 2023.


	Three Months Ended				Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Numerator:
Net loss	$	(21,266,997)	$	(11,692,129)	$	(15,424,708)	$	(58,352,691)
Less: net loss attributable to noncontrolling interest	(3,325,180)		(3,355,873)		(2,406,893)		(21,475,004)
Net loss attributable to Stronghold Digital Mining, Inc.	$	(17,941,817)	$	(8,336,256)	$	(13,017,815)	$	(36,877,687)
Denominator:
Weighted average number of Class A common shares outstanding	14,369,800		6,163,450		14,179,810		5,274,471
Basic net loss per share	$	(1.25)	$	(1.35)	$	(0.92)	$	(6.99)
Diluted net loss per share	$	(1.25)	$	(1.35)	$	(0.92)	$	(6.99)

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2024	Dec. 31, 2023
ASSETS:
Cash and cash equivalents	$ 4,876,152	$ 4,214,613
Digital currencies	253,710	3,175,595
Accounts receivable	570,197	507,029
Inventory	4,470,089	4,196,812
Prepaid insurance	2,736,501	3,787,048
Due from related parties	97,288	97,288
Other current assets	2,109,205	1,675,084
Total current assets	15,113,142	17,653,469
Equipment deposits	0	8,000,643
Property, plant and equipment, net	134,083,470	144,642,771
Operating lease right-of-use assets	1,107,044	1,472,747
Land	1,748,440	1,748,440
Road bond	299,738	299,738
Security deposits	348,888	348,888
Other noncurrent assets	199,480	170,488
TOTAL ASSETS	152,900,202	174,337,184
LIABILITIES:
Accounts payable	13,074,814	11,857,052
Accrued liabilities	11,558,654	10,787,895
Financed insurance premiums	1,425,592	2,927,508
Current portion of long-term debt, net of discounts and issuance fees	16,347,388	7,936,147
Current portion of operating lease liabilities	668,604	788,706
Due to related parties	1,106,704	718,838
Total current liabilities	44,181,756	35,016,146
Asset retirement obligation	1,103,215	1,075,728
Warrant liabilities	13,914,884	25,210,429
Long-term debt, net of discounts and issuance fees	38,470,192	48,203,762
Long-term operating lease liabilities	499,886	776,079
Other noncurrent liabilities	2,569,356	241,420
Total liabilities	100,739,289	110,523,564
COMMITMENTS AND CONTINGENCIES (NOTE 10)
REDEEMABLE COMMON STOCK:
Redeemable common stock	10,416,454	20,416,116
STOCKHOLDERS’ EQUITY:
Common Stock – Class A; $0.0001 par value; 685,440,000 shares authorized; 12,980,864 and 11,115,561 shares issued and outstanding as of June 30, 2024, and December 31, 2023, respectively.	1,298	1,112
Accumulated deficits	(336,973,510)	(331,647,755)
Additional paid-in capital	378,716,670	375,044,145
Total stockholders' equity	41,744,459	43,397,504
Total redeemable common stock and stockholders' equity	52,160,913	63,813,620
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDERS' EQUITY	152,900,202	174,337,184
Series C convertible preferred stock
STOCKHOLDERS’ EQUITY:
Preferred stock, value, issued	1	1
Series D convertible preferred stock
STOCKHOLDERS’ EQUITY:
Preferred stock, value, issued	$ 0	$ 1

NONCONTROLLING INTERESTS - Redeemable Common Stock Adjustments (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Noncontrolling Interest [Line Items]
Common stock - Class V, outstanding (in shares)	2,405,760		2,405,760		2,405,760
Increase (Decrease) in Temporary Equity [Roll Forward]
Redeemable common stock, beginning balance			$ 20,416,116
Net loss attributable to noncontrolling interest	$ (3,325,180)	$ (3,355,873)	(2,406,893)	$ (21,475,004)
Redeemable common stock, ending balance	$ 10,416,454		$ 10,416,454
Common Stock - Class V
Noncontrolling Interest [Line Items]
Common stock - Class V, outstanding (in shares)	2,405,760		2,405,760		2,405,760
Fair valuation price (in USD per share)	$ 4.33		$ 4.33		$ 8.49
Increase (Decrease) in Temporary Equity [Roll Forward]
Redeemable common stock, beginning balance			$ 20,416,116
Net loss attributable to noncontrolling interest			(2,406,893)
Adjustment of temporary equity to redemption amount			(7,592,769)
Redeemable common stock, ending balance	$ 10,416,454		$ 10,416,454

- Definition

Amount of Net Income (Loss) attributable to noncontrolling interest.

+ References

+ Details

- Definition

Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
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-Section S99
-Paragraph 1
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-Subparagraph (SAB Topic 14.E.Q2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479830/718-10-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

+ Details

STOCK-BASED COMPENSATION	6 Months Ended
STOCK-BASED COMPENSATION	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	NOTE 13 – STOCK-BASED COMPENSATION Stock-based compensation expense was $1,667,787 and $4,366,724 for the three months ended June 30, 2024, and 2023, respectively, and $3,606,907 and $6,816,048 for the six months ended June 30, 2024, and 2023, respectively, and is included in general and administrative expense in the condensed consolidated statements of operations. There was no income tax benefit related to stock-based compensation expense due to the Company having a full valuation allowance recorded against its deferred income tax assets. On January 22, 2024, the Company entered into award agreements with certain executive officers. In total, the executive officers were granted 135,000 restricted stock units. Similarly, on March 15, 2023, the Company entered into award agreements with certain executive officers. In total, the executive officers were granted 272,500 restricted stock units in exchange for the cancellation of 98,669 stock options and 25,000 performance share units previously granted to the executive officers. All restricted stock units were granted under the Company’s previously adopted Omnibus Incentive Plan, dated October 19, 2021. Additionally, in April 2023, as part of the compensation pursuant to the Spence Consulting Agreement described in Note 8 – Related Party Transactions, Mr. Spence received a one-time grant of 250,000 fully vested shares of the Company's Class A common stock, which was recorded as stock-based compensation in the second quarter of 2023.

SEGMENT REPORTING - Narrative (Details)	6 Months Ended
SEGMENT REPORTING - Narrative (Details)	Jun. 30, 2024 segment
Segment Reporting [Abstract]
Number of operating segments	2

INVENTORY

6 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

INVENTORY

NOTE 3 – INVENTORY

Inventory consisted of the following components as of June 30, 2024, and December 31, 2023:


	June 30, 2024		December 31, 2023
Waste coal	$	4,317,417	$	4,066,201
Fuel oil	109,816		72,969
Limestone	42,856		57,642
Inventory	$	4,470,089	$	4,196,812

EQUITY ISSUANCES

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

EQUITY ISSUANCES

NOTE 11 – REDEEMABLE COMMON STOCK

The Company recorded redeemable common stock as presented in the table below.


	Common - Class V
	Shares	Amount
Balance - December 31, 2023	2,405,760	$	20,416,116
Net loss attributable to noncontrolling interest	—	(2,406,893)

Maximum redemption right valuation	—	(7,592,769)
Balance - June 30, 2024	2,405,760	$	10,416,454

NOTE 15 – EQUITY ISSUANCES

Series C Convertible Preferred Stock

Series D Exchange Agreement

During the six months ended June 30, 2024, the Company incurred $19,637 of final offering costs which has been recorded within additional paid-in capital in the condensed consolidated balance sheet.

September 2022 Private Placement


	June 30, 2024
Expected volatility	130.4		%
Expected life (in years)	5.5
Risk-free interest rate	4.3		%
Expected dividend yield	0.00		%
Fair value	$	2,031,813

April 2023 Private Placement

equivalent. Further, the institutional investor and Mr. Beard received warrants exercisable for 900,000 shares and 100,000 shares, respectively, of Class A common stock.


	June 30, 2024
Expected volatility	130.4		%
Expected life (in years)	5.5
Risk-free interest rate	4.3		%
Expected dividend yield	0.00		%
Fair value	$	3,652,212

December 2023 Private Placement

Subject to certain ownership limitations, the warrants are exercisable six months after issuance. The warrants are exercisable for five and a half years commencing upon the date of issuance, subject to certain ownership limitations. The pre-funded warrants have an exercise price of $0.001 per warrant share and are immediately exercisable, subject to certain ownership limitations. The gross proceeds from the December 2023 Private Placement, before deducting offering expenses, were approximately $15.4 million. The December 2023 Private Placement closed on December 21, 2023.


	June 30, 2024
Expected volatility	130.4		%
Expected life (in years)	5
Risk-free interest rate	4.3		%
Expected dividend yield	0.00		%
Fair value	$	8,230,859

ATM Agreement

During the six months ended June 30, 2024, the Company sold zero ATM Shares.

- Definition

The entire disclosure for equity.

+ References

+ Details

EQUITY ISSUANCES - Black Scholes Input Assumptions (Details)	Jun. 30, 2024 USD ($)
September 2022 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value	$ 2,031,813
April 2023 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value	3,652,212
December 2023 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value	$ 8,230,859
Expected volatility \| September 2022 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	1.304
Expected volatility \| April 2023 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	1.304
Expected volatility \| December 2023 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	1.304
Expected life (in years) \| September 2022 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	5.5
Expected life (in years) \| April 2023 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	5.5
Expected life (in years) \| December 2023 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	5
Risk-free interest rate \| September 2022 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	0.043
Risk-free interest rate \| April 2023 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	0.043
Risk-free interest rate \| December 2023 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	0.043
Expected dividend yield \| September 2022 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	0.0000
Expected dividend yield \| April 2023 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	0.0000
Expected dividend yield \| December 2023 Warrants
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	0.0000

NATURE OF OPERATIONS	6 Months Ended
NATURE OF OPERATIONS	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NATURE OF OPERATIONS	NATURE OF OPERATIONS Stronghold Digital Mining, Inc. ("Stronghold Inc." or the "Company") is a low-cost, environmentally beneficial, vertically integrated crypto asset mining company focused on mining Bitcoin and environmental remediation and reclamation services. The Company wholly owns and operates two coal refuse power generation facilities that it has upgraded: (i) the Company's first reclamation facility located on a 650-acre site in Scrubgrass Township, Venango County, Pennsylvania, which the Company acquired the remaining interest of in April 2021, and has the capacity to generate approximately 83.5 megawatts (“MW”) of electricity (the "Scrubgrass Plant"); and (ii) a facility located near Nesquehoning, Pennsylvania, which the Company acquired in November 2021, and has the capacity to generate approximately 80 MW of electricity (the "Panther Creek Plant," and collectively with the Scrubgrass Plant, the "Plants"). Both facilities qualify as an Alternative Energy System because coal refuse is classified under Pennsylvania law as a Tier II Alternative Energy Source (large-scale hydropower is also classified in this tier). The Company is committed to generating energy and managing its assets sustainably, and the Company believes that it is one of the first vertically integrated crypto asset mining companies with a focus on environmentally beneficial operations. Stronghold Inc. operates in two business segments – the Energy Operations segment and the Cryptocurrency Operations segment. This segment presentation is consistent with how the Company's chief operating decision maker evaluates financial performance and makes resource allocation and strategic decisions about the business. Energy Operations The Company operates two qualifying small power production facilities under the provisions of the Public Utilities Regulatory Policies Act of 1978 and sells its electricity into the PJM Interconnection Merchant Market ("PJM") under a Professional Services Agreement (“PSA”) with Customized Energy Solutions (“CES”), effective July 27, 2022. Under the PSA, CES agreed to act as the exclusive provider of services for the benefit of the Company related to interfacing with PJM, including handling daily marketing, energy scheduling, telemetry, capacity management, reporting, and other related services for the Plants. The initial term of the agreement is two years, and then will extend automatically on an annual basis unless terminated by either party with 60 days written (or electronic) notice prior to the current term end. The Company’s primary fuel source is waste coal which is provided by various third parties. Waste coal tax credits are earned by the Company by generating electricity utilizing coal refuse. Cryptocurrency Operations The Company is also a vertically-integrated digital currency mining business. The Company buys and maintains a fleet of Bitcoin miners as well as the required infrastructure and provides power to third-party digital currency miners under hosting agreements. The digital currency mining operations are in their early stages, and digital currencies and energy pricing mining economics are volatile and subject to uncertainty. The Company’s current strategy will continue to expose it to the numerous risks and volatility associated with the digital mining and power generation sectors, including fluctuating Bitcoin-to-U.S.-Dollar prices, the costs and availability of miners, the number of market participants mining Bitcoin, the availability of other power generation facilities to expand operations, and regulatory changes.

RELATED PARTY TRANSACTIONS - Narrative (Details)												1 Months Ended	3 Months Ended		6 Months Ended		23 Months Ended
RELATED PARTY TRANSACTIONS - Narrative (Details)	Feb. 13, 2024 USD ($)	Apr. 20, 2023 USD ($) $ / shares shares	Apr. 19, 2023 USD ($)	Oct. 01, 2022 USD ($)	Sep. 19, 2022 $ / shares shares	Sep. 13, 2022 $ / shares shares	Jul. 09, 2022 USD ($)	Feb. 01, 2022 USD ($)	Nov. 02, 2021 USD ($)	Aug. 02, 2021 USD ($)	Jul. 09, 2021 USD ($)	Apr. 30, 2023 $ / shares shares	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) $ / T owner T	Jun. 30, 2023 USD ($)	Oct. 01, 2023 USD ($)	Jan. 31, 2024 $ / shares	Jan. 29, 2024 $ / shares	Dec. 31, 2023 $ / shares
Related Party Transaction [Line Items]
Fuel													$ 5,798,304	$ 6,291,501	$ 13,209,132	$ 13,705,515
Operations and maintenance													$ 9,081,647	8,804,097	$ 17,323,372	17,245,020
September 2022 Warrants
Related Party Transaction [Line Items]
Warrants issued during period (in shares) \| shares					560,241
Exercise price of warrants (in USD per share) \| $ / shares		$ 10.10			$ 17.50							$ 10.10						$ 7.51	$ 7.51	$ 7.00
April 2023 Pre-Funded Warrants
Related Party Transaction [Line Items]
Exercise price of warrants (in USD per share) \| $ / shares		$ 0.001
Private placement With Greg Beard, Co-Chairman And Chief Executive Officer
Related Party Transaction [Line Items]
Stock issued and sold during period (in shares) \| shares					60,241
Q Power LLC \| Coal Reclamation Partnership
Related Party Transaction [Line Items]
Ownership percentage by noncontrolling owners													16.26%		16.26%
Chief Executive Officer \| September 2022 Warrants
Related Party Transaction [Line Items]
Warrants issued during period (in shares) \| shares						60,241
Exercise price of warrants (in USD per share) \| $ / shares						$ 17.50						$ 10.10
Chief Executive Officer \| Private placement With Greg Beard, Co-Chairman And Chief Executive Officer
Related Party Transaction [Line Items]
Stock issued and sold during period (in shares) \| shares		100,000				60,241
Sale of stock, gross proceeds		$ 1,000,000
Chief Executive Officer \| Private placement With Greg Beard, Co-Chairman And Chief Executive Officer \| April 2023 Pre-Funded Warrants
Related Party Transaction [Line Items]
Warrants issued during period (in shares) \| shares		100,000
Independent Consulting Agreement, Management Fee Before Adjustment
Related Party Transaction [Line Items]
Related party transaction amount			$ 600,000
Independent Consulting Agreement, Management Fee After Adjustment
Related Party Transaction [Line Items]
Related party transaction amount			$ 200,000
Related party transaction, percentage			0.10
Independent Consulting Agreement \| Related Party
Related Party Transaction [Line Items]
Options granted (in shares) \| shares												250,000
Coal Valley Sales, LLC \| Waste Coal Agreement (the “WCA”) \| Related Party
Related Party Transaction [Line Items]
Waste coal annual quantity committed (in ton) \| T															200,000
Waste coal, handling fee (in USD per ton) \| $ / T															6.07
Waste coal commitment, units in excess of annual commitment, price per unit (in USD per ton) \| $ / T															1.00
Fuel													$ 244,035	150,000	$ 623,477	300,000
Coal Valley Properties, LLC \| Coal Valley Properties, LLC
Related Party Transaction [Line Items]
Number of owners \| owner															1
Northampton Fuel Supply Company, Inc. (“NFS”) \| Fuel Service and Beneficial Use Agreement ("FBUA") \| Related Party
Related Party Transaction [Line Items]
Fuel													821,131	923,874	$ 1,442,640	2,081,801
Panther Creek Fuel Services LLC \| Fuel Management Agreement \| Related Party
Related Party Transaction [Line Items]
Operations and maintenance													0	449,228	0	927,849
Scrubgrass Fuel Services LLC \| Fuel Management Agreement \| Related Party
Related Party Transaction [Line Items]
Operations and maintenance													0	98,825	0	374,944
Olympus Stronghold Services, LLC \| Management Fee \| Related Party
Related Party Transaction [Line Items]
Related party transaction amount																	$ 1,000,000
Olympus Stronghold Services, LLC \| Mobilization Fee \| Related Party
Related Party Transaction [Line Items]
Related party transaction amount									$ 150,000
Olympus Stronghold Services, LLC \| Management Fee, Panther Creek Plant
Related Party Transaction [Line Items]
Related party transaction amount				$ 500,000											1,000,000
Olympus Stronghold Services, LLC \| Termination of Omnibus Services Agreement \| Related Party
Related Party Transaction [Line Items]
Related party, ongoing monthly assistance	$ 10,000
William Spence \| Management Services Agreement \| Related Party
Related Party Transaction [Line Items]
Related party transaction amount													30,000	234,688	60,000	470,064
Panther Creek Energy Services LLC \| Management Fee
Related Party Transaction [Line Items]
Related party transaction amount										$ 175,000
Panther Creek Energy Services LLC \| Operations and Maintenance Agreement \| Related Party
Related Party Transaction [Line Items]
Related party transaction amount							$ 325,000				$ 250,000		0	935,770	0	1,846,164
Related party transaction, period											12 months
Scrubgrass Energy Services LLC \| Management Fee \| Related Party
Related Party Transaction [Line Items]
Related party transaction amount							$ 325,000	$ 175,000			$ 250,000
Related party transaction, period											12 months
Scrubgrass Energy Services LLC \| Operations and Maintenance Agreement \| Related Party
Related Party Transaction [Line Items]
Operations and maintenance													$ 0	$ 545,178	$ 0	$ 2,269,290

PROPERTY, PLANT AND EQUIPMENT

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 5 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following as of June 30, 2024, and December 31, 2023:


	Useful Lives (Years)	June 30, 2024		December 31, 2023
Electric plant	10 - 60	$	67,131,485	$	67,063,626
Strongboxes and power transformers	8 - 30	54,588,284		54,588,284
Karbolith	30	493,626		—
Machinery and equipment	5 - 20	16,791,365		16,222,214
Rolling stock	5 - 7	272,267		261,000
Cryptocurrency machines and powering supplies	2 - 3	92,090,411		88,445,931
Computer hardware and software	2 - 5	100,536		100,536
Vehicles and trailers	2 - 7	658,500		658,500
Leasehold improvements	2 - 3	2,992,845		2,992,845
Construction in progress	Not Depreciable	11,225,488		11,562,170
Asset retirement cost	10 - 30	580,452		580,452
		246,925,259		242,475,558
Accumulated depreciation and amortization		(112,841,789)		(97,832,787)
Property, plant and equipment, net		$	134,083,470	$	144,642,771

Construction in progress consists of various projects to build out the cryptocurrency machine power infrastructure and is not depreciable until the asset is considered in service and successfully powers and runs the attached cryptocurrency machines. Completion of these projects will have various rollouts of energized transformed containers and are designed to calibrate power from the plant to the container that houses multiple cryptocurrency machines. Currently, the balance of $11,225,488 as of June 30, 2024, represents amounts paid for ongoing or future projects.

Depreciation and amortization expense charged to operations was $9,290,563 and $8,634,967 for the three months ended June 30, 2024, and 2023, respectively, including depreciation of assets under finance leases of $116,187 and $112,141 for the same respective periods.

Depreciation and amortization expense charged to operations was $18,805,217 and $16,357,808 for the six months ended June 30, 2024, and 2023, respectively, including depreciation of assets under finance leases of $219,923 and $245,523 for the same respective periods.

The gross value of assets under finance leases and the related accumulated amortization approximated $3,046,302 and $1,640,659 as of June 30, 2024, respectively, and $2,797,265 and $1,420,736 as of December 31, 2023, respectively.

NONCONTROLLING INTERESTS - Narrative (Details) - Stronghold LLC - vote	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Noncontrolling Interest [Line Items]
Number of votes	1
Q Power LLC
Noncontrolling Interest [Line Items]
Ownership interest	15.60%	17.80%

PROPERTY, PLANT AND EQUIPMENT - Schedule of Property, Plant and Equipment (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Property, Plant And Equipment, Excluding Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 246,925,259	$ 242,475,558
Accumulated depreciation and amortization	(112,841,789)	(97,832,787)
Property, plant and equipment, net	134,083,470	144,642,771
Electric plant
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 67,131,485	67,063,626
Electric plant \| Minimum
Property, Plant and Equipment [Line Items]
Useful life	10 years
Electric plant \| Maximum
Property, Plant and Equipment [Line Items]
Useful life	60 years
Strongboxes and power transformers
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 54,588,284	54,588,284
Strongboxes and power transformers \| Minimum
Property, Plant and Equipment [Line Items]
Useful life	8 years
Strongboxes and power transformers \| Maximum
Property, Plant and Equipment [Line Items]
Useful life	30 years
Karbolith
Property, Plant and Equipment [Line Items]
Useful life	30 years
Property, plant and equipment, gross	$ 493,626	0
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 16,791,365	16,222,214
Machinery and equipment \| Minimum
Property, Plant and Equipment [Line Items]
Useful life	5 years
Machinery and equipment \| Maximum
Property, Plant and Equipment [Line Items]
Useful life	20 years
Rolling stock
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 272,267	261,000
Rolling stock \| Minimum
Property, Plant and Equipment [Line Items]
Useful life	5 years
Rolling stock \| Maximum
Property, Plant and Equipment [Line Items]
Useful life	7 years
Cryptocurrency machines and powering supplies
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 92,090,411	88,445,931
Cryptocurrency machines and powering supplies \| Minimum
Property, Plant and Equipment [Line Items]
Useful life	2 years
Cryptocurrency machines and powering supplies \| Maximum
Property, Plant and Equipment [Line Items]
Useful life	3 years
Computer hardware and software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 100,536	100,536
Computer hardware and software \| Minimum
Property, Plant and Equipment [Line Items]
Useful life	2 years
Computer hardware and software \| Maximum
Property, Plant and Equipment [Line Items]
Useful life	5 years
Vehicles and trailers
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 658,500	658,500
Vehicles and trailers \| Minimum
Property, Plant and Equipment [Line Items]
Useful life	2 years
Vehicles and trailers \| Maximum
Property, Plant and Equipment [Line Items]
Useful life	7 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,992,845	2,992,845
Leasehold improvements \| Minimum
Property, Plant and Equipment [Line Items]
Useful life	2 years
Leasehold improvements \| Maximum
Property, Plant and Equipment [Line Items]
Useful life	3 years
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 11,225,488	11,562,170
Asset retirement cost
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 580,452	$ 580,452
Asset retirement cost \| Minimum
Property, Plant and Equipment [Line Items]
Useful life	10 years
Asset retirement cost \| Maximum
Property, Plant and Equipment [Line Items]
Useful life	30 years

STOCK-BASED COMPENSATION (Details) - USD ($)			1 Months Ended	3 Months Ended		6 Months Ended
STOCK-BASED COMPENSATION (Details) - USD ($)	Jan. 22, 2024	Mar. 15, 2023	Apr. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense				$ 1,667,787	$ 4,366,724	$ 3,606,907	$ 6,816,048
Stock compensation expense, tax benefit				$ 0	$ 0	$ 0	$ 0
Options cancelled (in shares)		98,669
Independent Consulting Agreement \| Related Party
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)			250,000
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted (in shares)	135,000	272,500
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards cancelled (in shares)		25,000

DEBT

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

DEBT

NOTE 7 – DEBT

Total debt consisted of the following as of June 30, 2024, and December 31, 2023:


	June 30, 2024		December 31, 2023
$499,520 loan, with interest at 2.74%, due February 2024.	$	—	$	26,522

$517,465 loan, with interest at 4.79%, due November 2024.	109,488		158,027
$119,000 loan, with interest at 7.40%, due December 2026.	69,346		119,000
$585,476 loan, with interest at 4.99%, due November 2025.	258,648		345,665
$431,825 loan, with interest at 7.60%, due April 2024.	—		31,525
$58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025.	50,946,041		51,060,896

$92,381 loan, with interest at 1.49%, due April 2026.	44,953		56,470
$64,136 loan, with interest at 11.85%, due May 2024.	—		13,795
$196,909 loan, with interest at 6.49%, due October 2025.	108,579		134,845
$249,037 loan, with interest at 4.49%, due April 2029	240,245		—
$60,679 loan, with interest at 7.60%, due March 2025.	40,280		48,672
$3,500,000 Promissory Note, with interest at 7.50%, due October 2025.	3,000,000		3,000,000
$1,184,935 Promissory Note, due June 2024.	—		592,468
$552,024 Promissory Note, due July 2024.	—		552,024
Total outstanding borrowings	$	54,817,580	$	56,139,909

Current portion of long-term debt, net of discounts and issuance fees	16,347,388		7,936,147
Long-term debt, net of discounts and issuance fees	$	38,470,192	$	48,203,762

WhiteHawk Refinancing Agreement

On October 27, 2022, the Company entered into a secured credit agreement (the “Credit Agreement”) with WhiteHawk Finance LLC ("WhiteHawk") to refinance an existing equipment financing agreement, dated June 30, 2021, by and between Stronghold Digital Mining Equipment, LLC and WhiteHawk (the “WhiteHawk Financing Agreement”). Upon closing, the Credit Agreement consisted of $35.1 million in term loans and $23.0 million in additional commitments.

The financing pursuant to the Credit Agreement (such financing, the “WhiteHawk Refinancing Agreement”) was entered into by Stronghold Digital Mining Holdings, LLC ("Stronghold LLC"), as Borrower (in such capacity, the “Borrower”), and is secured by substantially all of the assets of the Company and its subsidiaries and is guaranteed by the Company and each of its material subsidiaries. The WhiteHawk Refinancing Agreement requires equal monthly amortization payments resulting in full amortization at maturity. The WhiteHawk Refinancing Agreement has customary representations, warranties and covenants including restrictions on indebtedness, liens, restricted payments and dividends, investments, asset sales and similar covenants and contains customary events of default.

On February 6, 2023, the Company, Stronghold LLC, as borrower, their subsidiaries and WhiteHawk Capital Partners LP ("WhiteHawk Capital"), as collateral agent and administrative agent, and the other lenders thereto, entered into an amendment to the Credit Agreement (the “First Amendment”) in order to modify certain covenants and remove certain prepayment requirements contained therein. As a result of the First Amendment, amortization payments for the period from February 2023 through July 2024 are not required, with monthly amortization resuming July 31, 2024. However, in December 2023, the Company made two amortization payments of the WhiteHawk Refinancing Agreement that were otherwise due on July 31, 2024, and August 31, 2024, and therefore, the next required monthly amortization payment is due on September 30, 2024.

Beginning June 30, 2023, following a five-month holiday, Stronghold LLC began to make monthly prepayments of the loan in an amount equal to 50% of its average daily cash balance (including cryptocurrencies) in excess of $7,500,000 for such month. Consistent with the First Amendment, the Company made loan prepayments of $37,800 and $217,800 during the three and six months ended June 30, 2024, respectively. The First Amendment also modified the financial covenants to (i) in the case of the requirement of the Company to maintain a leverage ratio no greater than 4.0:1.00, such covenant will not be tested until the fiscal quarter ending September 30, 2024, and (ii) in the case of the minimum liquidity covenant, modified to require minimum liquidity at any time to be not less than: (A) until March 31, 2024, $2,500,000; (B) during the period beginning April 1, 2024, through and including December 31, 2024, $5,000,000; and (C) from and after January 1, 2025, $7,500,000. On February 15, 2024, the Company and WhiteHawk Capital, as collateral agent and administrative agent, and the other lenders thereto, entered into a Third Amendment to the Credit Agreement (the "Third Amendment") which, among other items, amended the Company’s minimum liquidity requirement to not be less than: (A) until June 30,

2025, $2,500,000 and (B) from and after July 1, 2025, $5,000,000. The Company was in compliance with all applicable covenants under the WhiteHawk Refinancing Agreement as of June 30, 2024.

The borrowings under the WhiteHawk Refinancing Agreement mature on October 26, 2025, and bear interest at a rate of either (i) the Secured Overnight Financing Rate ("SOFR") plus 10% or (ii) a reference rate equal to the greater of (x) 3%, (y) the federal funds rate plus 0.5% and (z) the term SOFR rate plus 1%, plus 9%. Borrowings under the WhiteHawk Refinancing Agreement may also be accelerated in certain circumstances. The average interest rate for borrowings under the WhiteHawk Refinancing Agreement approximated 15.50% and 14.81% for the six months ended June 30, 2024, and 2023, respectively.

Convertible Note Exchange

On December 30, 2022, the Company entered into an exchange agreement with the holders (the “Purchasers”) of the Company’s Amended and Restated 10% Notes (the “Amended May 2022 Notes”), providing for the exchange of the Amended May 2022 Notes (the “Exchange Agreement”) for shares of the Company’s newly-created Series C Convertible Preferred Stock, par value $0.0001 per share (the “Series C Preferred Stock”). On February 20, 2023, the transactions contemplated under the Exchange Agreement were consummated, and the Amended May 2022 Notes were deemed paid in full. Approximately $16.9 million of principal amount of debt was extinguished in exchange for the issuance of the shares of Series C Preferred Stock. As a result of this transaction, the Company incurred a loss on debt extinguishment of approximately $28,960,947 during the first quarter of 2023.

Bruce & Merrilees Promissory Note

On March 28, 2023, the Company and Stronghold LLC entered into a settlement agreement (the “B&M Settlement”) with its electrical contractor, Bruce & Merrilees Electric Co. (“B&M”). Pursuant to the B&M Settlement, B&M agreed to eliminate an approximately $11.4 million outstanding payable in exchange for a promissory note in the amount of $3,500,000 (the "B&M Note") and a stock purchase warrant for the right to purchase from the Company 300,000 shares of Class A common stock (the "B&M Warrant"). The B&M Note has no definitive payment schedule or term. Pursuant to the B&M Settlement, B&M released ten (10) 3000kva transformers to the Company and fully cancelled ninety (90) transformers remaining under a pre-existing order with a third-party supplier. The terms of the B&M Settlement included a mutual release of all claims. Simultaneous with the B&M Settlement, the Company and each of its subsidiaries entered into a subordination agreement with B&M and WhiteHawk Capital pursuant to which all obligations, liabilities and indebtedness of every nature of the Company and each of its subsidiaries owed to B&M shall be subordinate and subject in right and time of payment, to the prior payment of full of the Company's obligation to WhiteHawk Capital pursuant to the Credit Agreement. This subordination agreement became effective on March 28, 2023, with the Second Amendment to the Credit Agreement.

Pursuant to the B&M Note, the first $500,000 of the principal amount of the loan was payable in four equal monthly installments of $125,000 beginning on April 30, 2023, so long as (i) no default or event of default has occurred or is occurring under the WhiteHawk Credit Agreement and (ii) no PIK Option (as such term is defined in the WhiteHawk Refinancing Agreement) has been elected by the Company. The principal amount under the B&M Note bears interest at seven and one-half percent (7.5%). As of June 30, 2024, the Company has paid $500,000 of principal pursuant to the B&M Note.

Canaan Promissory Notes

On July 19, 2023, the Company entered into a Sales and Purchase Contract with Canaan Inc. ("Canaan") whereby the Company purchased 2,000 A1346 Bitcoin miners for a total purchase price of $2,962,337. The purchase price was payable to Canaan via an upfront payment of $1,777,402 on or before August 1, 2023, which the Company paid on July 25, 2023, and a promissory note of $1,184,935 due to Canaan in ten (10) equal, interest-free installments on the first day of each consecutive month thereafter until the remaining promissory note balance is fully repaid. The miners were delivered and installed during the third quarter of 2023 at the Company's Panther Creek Plant. As of June 30, 2024, the Company fully repaid the promissory note due to Canaan.

On December 26, 2023, the Company entered into a second Sales and Purchase Contract with Canaan whereby the Company purchased 1,100 A1346 Bitcoin miners for a total purchase price of $1,380,060. The purchase price was payable to Canaan via an upfront payment of $828,036 on or before December 26, 2023, which the Company paid on December 26, 2023, and a promissory note of $552,024 due to Canaan in six (6) equal, interest-free installments on the first day of each consecutive month thereafter, beginning in 2024, until the remaining promissory note balance is fully

repaid. The miners were delivered and installed during the first quarter of 2024 at the Company's Scrubgrass Plant. As of June 30, 2024, the Company fully repaid the promissory note due to Canaan.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Paragraph 1
-Subparagraph (a)(3)
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(2)
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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Reference 15: http://www.xbrl.org/2003/role/disclosureRef
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Reference 16: http://www.xbrl.org/2003/role/disclosureRef
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Reference 17: http://www.xbrl.org/2003/role/disclosureRef
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Reference 18: http://www.xbrl.org/2003/role/disclosureRef
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Reference 19: http://www.xbrl.org/2003/role/disclosureRef
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Reference 20: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

COVER - shares	6 Months Ended
COVER - shares	Jun. 30, 2024	Aug. 09, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Document Transition Report	false
Entity File Number	001-40931
Entity Registrant Name	Stronghold Digital Mining, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	86-2759890
Entity Address, Address Line One	595 Madison Avenue
Entity Address, Address Line Two	28th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10022
City Area Code	845
Local Phone Number	579-5992
Title of 12(b) Security	Class A common stock
Trading Symbol	SDIG
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Central Index Key	0001856028
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common Class A
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		14,483,110
Common Class V
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,405,760

DIGITAL CURRENCIES - Narrative (Details)	3 Months Ended		6 Months Ended
DIGITAL CURRENCIES - Narrative (Details)	Jun. 30, 2024 USD ($) bitcoin	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) bitcoin	Jun. 30, 2023 USD ($)	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($) bitcoin	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Indefinite-lived Intangible Assets [Line Items]
Stockholders' equity	$ 41,744,459	$ 82,340,247	$ 41,744,459	$ 82,340,247	$ 61,971,197	$ 43,397,504	$ 82,196,375	$ 83,025,144
Realized gains (net of realized losses)	(243,688)	266,665	380,419	593,433
Unrealized gains (net of unrealized losses)	$ 145,994	0	$ 147,221	0
Crypto-asset, number of units \| bitcoin	4		4			77
Bitcoin
Indefinite-lived Intangible Assets [Line Items]
Realized gains (net of realized losses)	$ (243,688)	266,665	$ 380,419	593,433
Unrealized gains (net of unrealized losses)	145,994	0	147,221	0
Digital currencies	253,710	1,429,653	253,710	1,429,653	2,704	$ 3,175,595	672,852	109,827
Cumulative realized gains from dispositions			861,333
Cumulative realized losses from dispositions			480,914
Bitcoin \| Carrying value
Indefinite-lived Intangible Assets [Line Items]
Digital currencies	253,710		253,710			3,175,595
Bitcoin \| Fair value
Indefinite-lived Intangible Assets [Line Items]
Digital currencies	253,710		253,710			3,274,887
Retained Earnings
Indefinite-lived Intangible Assets [Line Items]
Stockholders' equity	$ (336,973,510)	$ (298,199,062)	$ (336,973,510)	$ (298,199,062)	$ (314,994,985)	(331,647,755)	$ (290,848,496)	(240,443,302)
Cumulative Effect, Period of Adoption, Adjustment
Indefinite-lived Intangible Assets [Line Items]
Stockholders' equity						99,292
Cumulative Effect, Period of Adoption, Adjustment \| Bitcoin
Indefinite-lived Intangible Assets [Line Items]
Digital currencies						99,292		$ 0
Cumulative Effect, Period of Adoption, Adjustment \| Retained Earnings
Indefinite-lived Intangible Assets [Line Items]
Stockholders' equity						$ 99,292

DEBT - Schedule of Debt (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023	Mar. 28, 2023
Debt Instrument [Line Items]
Long-term debt, gross	$ 54,817,580	$ 56,139,909
Current portion of long-term debt, net of discounts and issuance fees	16,347,388	7,936,147
Long-term debt, net of discounts and issuance fees	38,470,192	48,203,762
Loans payable \| $499,520 loan, with interest at 2.74%, due February 2024.
Debt Instrument [Line Items]
Debt face amount	$ 499,520
Interest rate	2.74%
Long-term debt, gross	$ 0	26,522
Loans payable \| $517,465 loan, with interest at 4.79%, due November 2024.
Debt Instrument [Line Items]
Debt face amount	$ 517,465
Interest rate	4.79%
Long-term debt, gross	$ 109,488	158,027
Loans payable \| $119,000 loan, with interest at 7.40%, due December 2026.
Debt Instrument [Line Items]
Debt face amount	$ 119,000
Interest rate	7.40%
Long-term debt, gross	$ 69,346	119,000
Loans payable \| $585,476 loan, with interest at 4.99%, due November 2025.
Debt Instrument [Line Items]
Debt face amount	$ 585,476
Interest rate	4.99%
Long-term debt, gross	$ 258,648	345,665
Loans payable \| $431,825 loan, with interest at 7.60%, due April 2024.
Debt Instrument [Line Items]
Debt face amount	$ 431,825
Interest rate	7.60%
Long-term debt, gross	$ 0	31,525
Loans payable \| $58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025.
Debt Instrument [Line Items]
Debt face amount	$ 58,149,411
Interest rate	10.00%
Long-term debt, gross	$ 50,946,041	51,060,896
Loans payable \| $92,381 loan, with interest at 1.49%, due April 2026.
Debt Instrument [Line Items]
Debt face amount	$ 92,381
Interest rate	1.49%
Long-term debt, gross	$ 44,953	56,470
Loans payable \| $64,136 loan, with interest at 11.85%, due May 2024.
Debt Instrument [Line Items]
Debt face amount	$ 64,136
Interest rate	11.85%
Long-term debt, gross	$ 0	13,795
Loans payable \| $196,909 loan, with interest at 6.49%, due October 2025.
Debt Instrument [Line Items]
Debt face amount	$ 196,909
Interest rate	6.49%
Long-term debt, gross	$ 108,579	134,845
Loans payable \| $249,037 loan, with interest at 4.49%, due April 2029
Debt Instrument [Line Items]
Debt face amount	$ 249,037
Interest rate	4.49%
Long-term debt, gross	$ 240,245	0
Loans payable \| $60,679 loan, with interest at 7.60%, due March 2025.
Debt Instrument [Line Items]
Debt face amount	$ 60,679
Interest rate	7.60%
Long-term debt, gross	$ 40,280	48,672
Loans payable \| $3,500,000 Promissory Note, with interest at 7.50%, due October 2025.
Debt Instrument [Line Items]
Debt face amount	$ 3,500,000		$ 3,500,000
Interest rate	7.50%
Long-term debt, gross	$ 3,000,000	3,000,000
Loans payable \| $1,184,935 Promissory Note, due June 2024.
Debt Instrument [Line Items]
Debt face amount	1,184,935
Long-term debt, gross	0	592,468
Loans payable \| $552,024 Promissory Note, due July 2024.
Debt Instrument [Line Items]
Debt face amount	552,024
Long-term debt, gross	$ 0	$ 552,024

EARNINGS (LOSS) PER SHARE - Schedule of Earnings Income (Loss) per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Numerator:
Net loss	$ (21,266,997)	$ (11,692,129)	$ (15,424,708)	$ (58,352,691)
Less: net loss attributable to noncontrolling interest	(3,325,180)	(3,355,873)	(2,406,893)	(21,475,004)
NET LOSS attributable to Stronghold Digital Mining, Inc.	$ (17,941,817)	$ (8,336,256)	$ (13,017,815)	$ (36,877,687)
Denominator:
Weighted average number of Class A common shares outstanding (in shares)	14,369,800	6,163,450	14,179,810	5,274,471
Earnings per share:
Basic net loss per share (in USD per share)	$ (1.25)	$ (1.35)	$ (0.92)	$ (6.99)
Diluted net loss per share (in USD per share)	$ (1.25)	$ (1.35)	$ (0.92)	$ (6.99)

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
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+ Details

- Definition

Amount of Net Income (Loss) attributable to noncontrolling interest.

+ References

+ Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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+ Details

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)	Total	Private Placement	ATM Agreement	Cumulative Effect, Period of Adoption, Adjustment	Series C convertible preferred stock	Series D convertible preferred stock	Preferred Stock Series C convertible preferred stock	Preferred Stock Series D convertible preferred stock	Common A	Common A Private Placement	Common A ATM Agreement	Common A Series C convertible preferred stock	Common A Series D convertible preferred stock	Accumulated Deficit	Accumulated Deficit Cumulative Effect, Period of Adoption, Adjustment	Additional Paid-in Capital	Additional Paid-in Capital Private Placement	Additional Paid-in Capital ATM Agreement	Additional Paid-in Capital Series C convertible preferred stock	Additional Paid-in Capital Series D convertible preferred stock
Beginning balance (in shares) at Dec. 31, 2022							0	0	3,171,022
Beginning balance at Dec. 31, 2022	$ 83,025,144						$ 0	$ 0	$ 317					$ (240,443,302)		$ 323,468,129
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to Stronghold Digital Mining, Inc.	(36,877,687)													(36,877,687)
Net loss attributable to noncontrolling interest	(21,475,004)													(21,475,004)
Maximum redemption right valuation [Common V Units]	596,931													596,931
Stock-based compensation (in shares)									250,000
Stock-based compensation	6,816,048								$ 25							6,816,023
Vesting of restricted stock units (in shares)									253,762
Vesting of restricted stock units	0								$ 26							(26)
Warrants issued and outstanding	1,739,882															1,739,882
Exercised warrants (in shares)									1,133,583
Exercised warrants	316								$ 113							203
Issuance of stock (in shares)							23,102		200,000	566,661	760
Issuance of stock	1,210,000	$ 941,652	$ 2,825		$ 45,386,946		$ 2		$ 20	$ 57						1,209,980	$ 941,595	$ 2,825	$ 45,386,944
Issuance of common stock to settle payables (in shares)									97,330
Issuance of common stock to settle payables	973,194								$ 10							973,184
Conversion of stock (in shares)							(1,530)					382,500
Conversion of stock					$ 0							$ 38							$ (38)
Ending balance (in shares) at Jun. 30, 2023							21,572	0	6,055,618
Ending balance at Jun. 30, 2023	82,340,247						$ 2	$ 0	$ 606					(298,199,062)		380,538,701
Beginning balance (in shares) at Mar. 31, 2023							21,572	0	4,104,617
Beginning balance at Mar. 31, 2023	82,196,375						$ 2	$ 0	$ 411					(290,848,496)		373,044,458
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to Stronghold Digital Mining, Inc.	(8,336,256)													(8,336,256)
Net loss attributable to noncontrolling interest	(3,355,873)													(3,355,873)
Maximum redemption right valuation [Common V Units]	4,341,563													4,341,563
Stock-based compensation (in shares)									250,000
Stock-based compensation	4,366,724								$ 25							4,366,699
Vesting of restricted stock units (in shares)									202,932
Vesting of restricted stock units	0								$ 20							(20)
Exercised warrants (in shares)									633,318
Exercised warrants	43								$ 63							(20)
Issuance of stock (in shares)									200,000	566,661	760
Issuance of stock	1,210,000	$ 941,652	$ 2,825						$ 20	$ 57						1,209,980	$ 941,595	$ 2,825
Issuance of common stock to settle payables (in shares)									97,330
Issuance of common stock to settle payables	973,194								$ 10							973,184
Ending balance (in shares) at Jun. 30, 2023							21,572	0	6,055,618
Ending balance at Jun. 30, 2023	82,340,247						$ 2	$ 0	$ 606					(298,199,062)		380,538,701
Beginning balance (in shares) at Dec. 31, 2023							5,990	7,610	11,115,561
Beginning balance at Dec. 31, 2023	43,397,504			$ 99,292			$ 1	$ 1	$ 1,112					(331,647,755)	$ 99,292	375,044,145
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Conversion of stock (in shares)								(7,610)					1,414,117
Ending balance (in shares) at Mar. 31, 2024							5,990	0	12,900,076
Ending balance at Mar. 31, 2024	61,971,197						$ 1	$ 0	$ 1,290					(314,994,985)		376,964,891
Beginning balance (in shares) at Dec. 31, 2023							5,990	7,610	11,115,561
Beginning balance at Dec. 31, 2023	43,397,504			$ 99,292			$ 1	$ 1	$ 1,112					(331,647,755)	$ 99,292	375,044,145
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to Stronghold Digital Mining, Inc.	(13,017,815)													(13,017,815)
Net loss attributable to noncontrolling interest	(2,406,893)													(2,406,893)
Maximum redemption right valuation [Common V Units]	9,999,661													9,999,661
Stock-based compensation	3,606,907															3,606,907
Vesting of restricted stock units (in shares)									431,634
Vesting of restricted stock units	0								$ 43							(43)
Issuance of common stock to settle payables (in shares)									19,552
Issuance of common stock to settle payables	85,300								$ 2							85,298
Conversion of stock (in shares)								(7,610)					1,414,117
Conversion of stock						$ (19,497)		$ (1)					$ 141							$ (19,637)
Ending balance (in shares) at Jun. 30, 2024							5,990	0	12,980,864
Ending balance at Jun. 30, 2024	41,744,459						$ 1	$ 0	$ 1,298					(336,973,510)		378,716,670
Beginning balance (in shares) at Mar. 31, 2024							5,990	0	12,900,076
Beginning balance at Mar. 31, 2024	61,971,197						$ 1	$ 0	$ 1,290					(314,994,985)		376,964,891
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to Stronghold Digital Mining, Inc.	(17,941,817)													(17,941,817)
Net loss attributable to noncontrolling interest	(3,325,180)													(3,325,180)
Maximum redemption right valuation [Common V Units]	(711,528)													(711,528)
Stock-based compensation	1,667,787															1,667,787
Vesting of restricted stock units (in shares)									61,236
Vesting of restricted stock units	0								$ 6							(6)
Issuance of common stock to settle payables (in shares)									19,552
Issuance of common stock to settle payables	85,300								$ 2							85,298
Conversion of stock	(1,300)															(1,300)
Ending balance (in shares) at Jun. 30, 2024							5,990	0	12,980,864
Ending balance at Jun. 30, 2024	$ 41,744,459						$ 1	$ 0	$ 1,298					$ (336,973,510)		$ 378,716,670

EQUITY ISSUANCES - Narrative (Details)								1 Months Ended	3 Months Ended		6 Months Ended
EQUITY ISSUANCES - Narrative (Details)	Dec. 21, 2023 USD ($) $ / shares shares	Nov. 13, 2023 USD ($) $ / shares shares	May 23, 2023 USD ($)	Apr. 20, 2023 USD ($) $ / shares shares	Feb. 20, 2023 USD ($) $ / shares shares	Dec. 30, 2022	Sep. 19, 2022 USD ($) $ / shares shares	Aug. 14, 2024 shares	Jun. 30, 2024 USD ($) $ / shares shares	Mar. 31, 2024 shares	Jun. 30, 2024 $ / shares shares	Jun. 30, 2023 shares	Jan. 31, 2024 $ / shares	Jan. 29, 2024 $ / shares	Dec. 31, 2023 $ / shares shares	Apr. 30, 2023 $ / shares	Apr. 21, 2023	Mar. 31, 2023 shares	Dec. 31, 2022 shares
Debt Instrument [Line Items]
Issuance of Series C convertible preferred stock (in shares)					23,102
Deemed contribution from exchange of Series C convertible preferred stock \| $		$ 20,492,568
Common stock - Class A, par value (in USD per share) \| $ / shares	$ 0.0001			$ 0.0001			$ 0.0001		$ 0.0001		$ 0.0001				$ 0.0001
Warrants outstanding (in shares)									5,277,985		5,277,985				5,277,985
Warrants exercised (in shares)											0
Series D convertible preferred stock
Debt Instrument [Line Items]
Exchange of Series C convertible preferred stock for Series D convertible preferred stock (in shares)		15,582
Preferred stock, par value (in USD per share) \| $ / shares		$ 0.0001							$ 0.0001		$ 0.0001				$ 0.0001
Offering costs incurred \| $									$ 19,637
Series C convertible preferred stock
Debt Instrument [Line Items]
Exchange of Series C convertible preferred stock for Series D convertible preferred stock (in shares)		(15,582)
Preferred stock, par value (in USD per share) \| $ / shares									$ 0.0001		$ 0.0001				$ 0.0001
Preferred Stock
Debt Instrument [Line Items]
Conversion of stock (in shares)					(1,530)
Preferred Stock \| Series D convertible preferred stock
Debt Instrument [Line Items]
Conversion of stock (in shares)										(7,610)	(7,610)
Shares outstanding (in shares)									0	0	0	0			7,610			0	0
Exchange of Series C convertible preferred stock for Series D convertible preferred stock (in shares)		15,582
Preferred Stock \| Series C convertible preferred stock
Debt Instrument [Line Items]
Conversion of stock (in shares)												(1,530)
Shares outstanding (in shares)									5,990	5,990	5,990	21,572			5,990			21,572	0
Common Stock
Debt Instrument [Line Items]
Conversion of stock (in shares)					382,500
Shares outstanding (in shares)									12,980,864	12,900,076	12,980,864	6,055,618			11,115,561			4,104,617	3,171,022
Common Stock \| Series D convertible preferred stock
Debt Instrument [Line Items]
Conversion of stock (in shares)										1,414,117	1,414,117
Common Stock \| Series C convertible preferred stock
Debt Instrument [Line Items]
Conversion of stock (in shares)												382,500
September 2022 Warrants
Debt Instrument [Line Items]
Warrants issued during period (in shares)							560,241
Exercise price of warrants (in USD per share) \| $ / shares				10.10			$ 17.50						$ 7.51	$ 7.51	$ 7.00	$ 10.10
Exercise period							5 years 6 months
Warrants outstanding (in shares)									560,241		560,241
September 2022 Pre-Funded Warrants
Debt Instrument [Line Items]
Warrants issued during period (in shares)							272,565
Exercise price of warrants (in USD per share) \| $ / shares							$ 0.001
Warrant purchase price (in USD per share) \| $ / shares							$ 16.00
April 2023 Warrants
Debt Instrument [Line Items]
Exercise price of warrants (in USD per share) \| $ / shares				$ 11.00									$ 7.51
Restriction period				6 months
Exercise period																	5 years 6 months
Warrants outstanding (in shares)									1,000,000		1,000,000
April 2023 Warrants \| Institutional Investor
Debt Instrument [Line Items]
Warrants issued during period (in shares)				900,000
April 2023 Warrants \| Greg Beard
Debt Instrument [Line Items]
Warrants issued during period (in shares)				100,000
April 2023 Pre-Funded Warrants
Debt Instrument [Line Items]
Exercise price of warrants (in USD per share) \| $ / shares				$ 0.001
December 2023 Warrants
Debt Instrument [Line Items]
Exercise price of warrants (in USD per share) \| $ / shares	$ 7.00								$ 0.01		$ 0.01
Restriction period	6 months
Exercise period	5 years 6 months
December 2023 Warrants \| Institutional Investor
Debt Instrument [Line Items]
Warrants issued during period (in shares)	2,300,000
Warrants outstanding (in shares)									3,600,000		3,600,000
December 2023 Warrants \| Institutional Investor \| Subsequent Event
Debt Instrument [Line Items]
Warrants exercised (in shares)								1,300,000
December 2023 Pre-Funded Warrants
Debt Instrument [Line Items]
Exercise price of warrants (in USD per share) \| $ / shares	$ 0.001
Private Placement With Armistice Capital Master Fund Ltd.
Debt Instrument [Line Items]
Stock issued and sold during period (in shares)							227,435
Sale of stock (in USD per share) \| $ / shares							$ 16.00
Private placement With Greg Beard, Co-Chairman And Chief Executive Officer
Debt Instrument [Line Items]
Stock issued and sold during period (in shares)							60,241
Sale of stock (in USD per share) \| $ / shares							$ 16.60
September 2022 Private Placement
Debt Instrument [Line Items]
Sale of stock, gross proceeds \| $							$ 9,000,000
September 2022 Private Placement \| September 2022 Warrants
Debt Instrument [Line Items]
Warrants issued during period (in shares)							560,241
Exercise price of warrants (in USD per share) \| $ / shares							$ 17.50
September 2022 Private Placement \| September 2022 Pre-Funded Warrants
Debt Instrument [Line Items]
Exercise price of warrants (in USD per share) \| $ / shares							$ 0.001
September 2022 Private Placement \| April 2023 Pre-Funded Warrants
Debt Instrument [Line Items]
Warrants issued during period (in shares)							272,565
Warrant purchase price (in USD per share) \| $ / shares							$ 16.00
Private Placement
Debt Instrument [Line Items]
Sale of stock (in USD per share) \| $ / shares	$ 6.71			$ 10.00
Sale of stock, gross proceeds \| $				$ 10,000,000
Private Placement \| Institutional Investor
Debt Instrument [Line Items]
Stock issued and sold during period (in shares)	2,300,000			900,000
Sale of stock (in USD per share) \| $ / shares	$ 6.71			$ 10.00
Sale of stock, gross proceeds \| $	$ 15,400,000			$ 9,000,000.0
Private Placement \| Greg Beard
Debt Instrument [Line Items]
Stock issued and sold during period (in shares)				100,000
Sale of stock (in USD per share) \| $ / shares				$ 10.00
Sale of stock, gross proceeds \| $				$ 1,000,000.0
At-The-Market Offering Agreement
Debt Instrument [Line Items]
Sale of stock, potential consideration to be received \| $			$ 15,000,000
Sale of stock, percentage of gross proceeds to counterparty			3.00%
Sale of stock, trigger period after effective date, stock eligible for sale			30 days
December 2023 Private Placement
Debt Instrument [Line Items]
Sale of stock (in USD per share) \| $ / shares	$ 6.71
Sale of stock, gross proceeds \| $	$ 15,400,000
December 2023 Private Placement \| Institutional Investor
Debt Instrument [Line Items]
Stock issued and sold during period (in shares)	2,300,000
Sale of stock (in USD per share) \| $ / shares	$ 6.71
Sale of stock, gross proceeds \| $	$ 15,400,000
Unsecured Convertible Promissory Notes \| Unsecured Debt
Debt Instrument [Line Items]
Conversion ratio						250
Convertible, liquidation preference (in USD per share) \| $ / shares					$ 1,000
Principal and interest settled upon issuance of equity \| $					$ 17,893,750

SUPPLEMENTAL CASH AND NON-CASH INFORMATION

6 Months Ended

Jun. 30, 2024

Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]

SUPPLEMENTAL CASH AND NON-CASH INFORMATION

NOTE 19 – SUPPLEMENTAL CASH AND NON-CASH INFORMATION

Supplemental disclosures of cash flow information for the six months ended June 30, 2024, and 2023, were as follows:


	June 30, 2024		June 30, 2023
Income tax payments	$	—	$	—
Interest payments	$	4,442,187	$	4,676,461

Supplementary non-cash investing and financing activities consisted of the following for the six months ended June 30, 2024, and 2023:


	June 30, 2024		June 30, 2023


Purchases of property, plant and equipment through finance leases	$	249,037	$	60,679
Purchases of property, plant and equipment included in accounts payable or accrued liabilities	210,020		24,137
Operating lease right-of-use assets exchanged for lease liabilities	—		291,291
Reclassifications from deposits to property, plant and equipment	8,000,643		4,658,970



Issued as part of financing:


Warrants – April 2023 Private Placement	—		8,882,914

Convertible Note Exchange for Series C Convertible Preferred Stock:
Extinguishment of convertible note	—		16,812,500
Extinguishment of accrued interest	—		655,500
Issuance of Series C convertible preferred stock, net of issuance costs	—		45,386,944
B&M Settlement:
Warrants – B&M	—		1,739,882
Return of transformers to settle outstanding payable	—		6,007,500
Issuance of B&M Note	—		3,500,000
Elimination of accounts payable	—		11,426,720
Financed insurance premiums	1,676,510		1,275,288
Class A common stock issued to settle outstanding payables or accrued liabilities	44,990		954,793

NONCONTROLLING INTERESTS

6 Months Ended

Jun. 30, 2024

Noncontrolling Interest [Abstract]

NONCONTROLLING INTERESTS

NOTE 12 – NONCONTROLLING INTERESTS

The Company is the sole managing member of Stronghold LLC and, as a result, consolidates the financial results of Stronghold LLC and reports a noncontrolling interest representing the common units of Stronghold LLC held by Q Power. Changes in the Company's ownership interest in Stronghold LLC, while the Company retains its controlling interest, are accounted for as redeemable common stock transactions. As such, future redemptions or direct exchanges of common units of Stronghold LLC by the continuing equity owners will result in changes to the amount recorded as noncontrolling interest. Refer to Note 11 – Redeemable Common Stock which describes the redemption rights of the noncontrolling interest.

Class V common stock represented 15.6% and 17.8% ownership of Stronghold LLC as of June 30, 2024, and December 31, 2023, respectively, granting the owners of Q Power economic rights and, as a holder, one vote on all matters to be voted on by the Company's stockholders generally, and a redemption right into shares of Class A common stock.

The following summarizes the redeemable common stock adjustments pertaining to the noncontrolling interest as of and for the six months ended June 30, 2024:


	Class V Common Stock Outstanding	Fair Value Price		Redeemable Common Stock Adjustments
Balance - December 31, 2023	2,405,760	$	8.49	$	20,416,116
Net loss attributable to noncontrolling interest	—			(2,406,893)

Adjustment of redeemable common stock to redemption amount (1)	—			(7,592,769)
Balance - June 30, 2024	2,405,760	$	4.33	$	10,416,454

(1) Redeemable common stock adjustment based on Class V common stock outstanding at fair value price at each quarter end, using a 10-day variable weighted average price ("VWAP") of trading dates including the closing date.

DIGITAL CURRENCIES (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Digital Currencies


	Three Months Ended				Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Digital currencies at beginning of period	$	2,704	$	672,852	$	3,175,595	$	109,827
Additions of digital currencies(1)	17,313,625		15,788,875		42,427,846		28,709,950
Realized (loss) gain on sale of digital currencies	(243,688)		266,665		380,419		593,433
Unrealized gain on digital currencies	145,994		—		147,221		—
Impairment losses	—		(254,353)		—		(325,830)
Proceeds from sale of digital currencies	(16,964,925)		(15,044,386)		(45,976,663)		(27,657,727)
Impact of ASU 2023-08 as of January 1, 2024(2)	—		—		99,292		—
Digital currencies at end of period	$	253,710	$	1,429,653	$	253,710	$	1,429,653

(1) Additions of digital currencies were related to mining activities.

(2) See Note 1 – Basis of Presentation for more details regarding the Company's adoption of ASU 2023-08 as of January 1, 2024.

SEGMENT REPORTING - Results from Operating Segments (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
OPERATING REVENUES:	$ 19,104,139	$ 18,233,741	$ 46,626,324	$ 35,499,956
NET OPERATING LOSS:	(18,641,759)	(15,579,531)	(22,223,781)	(30,195,644)
OTHER (EXPENSE) INCOME	(2,625,238)	3,887,402	6,799,073	(28,157,047)
NET LOSS	(21,266,997)	(11,692,129)	(15,424,708)	(58,352,691)
DEPRECIATION AND AMORTIZATION:	(9,290,563)	(8,634,967)	(18,805,217)	(16,357,808)
INTEREST EXPENSE:	(2,248,063)	(2,603,478)	(4,511,472)	(4,987,391)
Energy Operations
Segment Reporting Information [Line Items]
OPERATING REVENUES:	291,314	1,371,242	1,064,912	5,014,163
NET OPERATING LOSS:	(8,873,175)	(9,578,048)	(17,076,355)	(20,179,073)
DEPRECIATION AND AMORTIZATION:	(1,346,554)	(1,330,647)	(2,672,221)	(2,663,520)
INTEREST EXPENSE:	(24,216)	(252,178)	(48,665)	(411,465)
Cryptocurrency Operations
Segment Reporting Information [Line Items]
OPERATING REVENUES:	18,812,825	16,862,499	45,561,412	30,485,793
NET OPERATING LOSS:	(9,768,584)	(6,001,483)	(5,147,426)	(10,016,571)
DEPRECIATION AND AMORTIZATION:	(7,944,009)	(7,304,320)	(16,132,996)	(13,694,288)
INTEREST EXPENSE:	$ (2,223,847)	$ (2,351,300)	$ (4,462,807)	$ (4,575,926)

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
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-Name Accounting Standards Codification
-Section 50
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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Reference 11: http://www.xbrl.org/2003/role/exampleRef
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

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+ Details

FAIR VALUE	6 Months Ended
FAIR VALUE	Jun. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE	NOTE 20 – FAIR VALUE In addition to assets and liabilities that are measured at fair value on a recurring basis, such as digital currencies pursuant to ASU 2023-08 as described above in Note 1 – Basis of Presentation and Note 2 – Digital Currencies, the Company also measures certain assets and liabilities at fair value on a nonrecurring basis. The Company's non-financial assets, including operating lease right-of-use assets and property, plant and equipment, are measured at fair value when there is an indication of impairment and the carrying amount exceeds the asset’s projected undiscounted cash flows. These assets are recorded at fair value only when an impairment charge is recognized. The fair values of cash and cash equivalents, accounts receivable, prepaid expenses and other current assets, accounts payable, and accrued liabilities approximate their carrying values because of the short-term nature of these instruments. Adverse changes in business climate, including decreases in the price of Bitcoin and resulting decreases in the market price of miners, may indicate that an impairment triggering event has occurred. If the testing performed indicates the estimated fair value of the Company’s miners to be less than their net carrying value, an impairment charge will be recognized, decreasing the net carrying value of the Company’s miners to their estimated fair value.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

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+ Details

NONCONTROLLING INTERESTS (Tables)

6 Months Ended

Jun. 30, 2024

Noncontrolling Interest [Abstract]

Schedule of Noncontrolling Ownership Interest

The following summarizes the redeemable common stock adjustments pertaining to the noncontrolling interest as of and for the six months ended June 30, 2024:


	Class V Common Stock Outstanding	Fair Value Price		Redeemable Common Stock Adjustments
Balance - December 31, 2023	2,405,760	$	8.49	$	20,416,116
Net loss attributable to noncontrolling interest	—			(2,406,893)

Adjustment of redeemable common stock to redemption amount (1)	—			(7,592,769)
Balance - June 30, 2024	2,405,760	$	4.33	$	10,416,454

(1) Redeemable common stock adjustment based on Class V common stock outstanding at fair value price at each quarter end, using a 10-day variable weighted average price ("VWAP") of trading dates including the closing date.

EQUITY ISSUANCES (Tables)

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Schedule of Black Scholes Input Assumptions

The fair value of the warrant liabilities was estimated as of June 30, 2024, using a Black-Scholes model with significant inputs as follows:


	June 30, 2024
Expected volatility	130.4		%
Expected life (in years)	5.5
Risk-free interest rate	4.3		%
Expected dividend yield	0.00		%
Fair value	$	2,031,813

The fair value of the warrant liabilities was estimated as of June 30, 2024, using a Black-Scholes model with significant inputs as follows:


	June 30, 2024
Expected volatility	130.4		%
Expected life (in years)	5.5
Risk-free interest rate	4.3		%
Expected dividend yield	0.00		%
Fair value	$	3,652,212

The fair value of the warrant liabilities was estimated as of June 30, 2024, using a Black-Scholes model with significant inputs as follows:


	June 30, 2024
Expected volatility	130.4		%
Expected life (in years)	5
Risk-free interest rate	4.3		%
Expected dividend yield	0.00		%
Fair value	$	8,230,859

PROPERTY, PLANT AND EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

Property, plant and equipment consisted of the following as of June 30, 2024, and December 31, 2023:


	Useful Lives (Years)	June 30, 2024		December 31, 2023
Electric plant	10 - 60	$	67,131,485	$	67,063,626
Strongboxes and power transformers	8 - 30	54,588,284		54,588,284
Karbolith	30	493,626		—
Machinery and equipment	5 - 20	16,791,365		16,222,214
Rolling stock	5 - 7	272,267		261,000
Cryptocurrency machines and powering supplies	2 - 3	92,090,411		88,445,931
Computer hardware and software	2 - 5	100,536		100,536
Vehicles and trailers	2 - 7	658,500		658,500
Leasehold improvements	2 - 3	2,992,845		2,992,845
Construction in progress	Not Depreciable	11,225,488		11,562,170
Asset retirement cost	10 - 30	580,452		580,452
		246,925,259		242,475,558
Accumulated depreciation and amortization		(112,841,789)		(97,832,787)
Property, plant and equipment, net		$	134,083,470	$	144,642,771

EARNINGS (LOSS) PER SHARE - Narrative (Details) - $ / shares	1 Months Ended	6 Months Ended
	Aug. 14, 2024	Jun. 30, 2024	Dec. 21, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Warrants exercised (in shares)		0
December 2023 Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Exercise price of warrants (in USD per share)		$ 0.01	$ 7.00
Institutional Investor \| December 2023 Warrants \| Subsequent Event
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Warrants exercised (in shares)	1,300,000
Series C Preferred Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)		1,497,500
Class V shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)		2,405,760
Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)		3,865,910

CONCENTRATIONS	6 Months Ended
CONCENTRATIONS	Jun. 30, 2024
Risks and Uncertainties [Abstract]
CONCENTRATIONS	NOTE 9 – CONCENTRATIONS Credit risk is the risk of loss the Company would incur if counterparties fail to perform their contractual obligations (including accounts receivable). The Company primarily conducts business with counterparties in the cryptocurrency mining and energy industry. This concentration of counterparties may impact the Company’s overall exposure to credit risk, either positively or negatively, in that its counterparties may be similarly affected by changes in economic, regulatory or other conditions. The Company mitigates potential credit losses by dealing, where practical, with counterparties that are rated at investment grade by a major credit agency or have a history of reliable performance within the cryptocurrency mining and energy industry. Financial instruments which potentially expose the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. Cash and cash equivalents customarily exceed federally insured limits. For accounts receivable, the Company’s significant credit risk is primarily concentrated with CES. CES accounted for approximately 76% and 100% of the Company's Energy Operations segment revenues for the three months ended June 30, 2024, and 2023, respectively, and approximately 87% and 98% of the Company's Energy Operations segment revenues for the six months ended June 30, 2024, and 2023, respectively. Additionally, approximately 20% and 18% of the Company's total revenues for the three months ended June 30, 2024, and 2023, respectively, and approximately 20% and 16% of the Company's total revenues for the six months ended June 30, 2024, and 2023, respectively, were derived from services provided to two customers. For the three months ended June 30, 2024, and 2023, the Company purchased approximately 40% and 30% of waste coal, respectively, from two suppliers. For the six months ended June 30, 2024, and 2023, the Company purchased approximately 49% and 49% of waste coal, respectively, from the same related parties. See Note 8 – Related Party Transactions for further information.

RELATED PARTY TRANSACTIONS - Amounts Due to Related Parties (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Due to related parties	$ 1,106,704	$ 718,838
Coal Valley Sales, LLC
Related Party Transaction [Line Items]
Due to related parties	973,371	433,195
Panther Creek Operating LLC
Related Party Transaction [Line Items]
Due to related parties	0	14,511
Northampton Generating Fuel Supply Company, Inc.
Related Party Transaction [Line Items]
Due to related parties	0	226,951
Olympus Power LLC and other subsidiaries
Related Party Transaction [Line Items]
Due to related parties	0	44,181
William Spence
Related Party Transaction [Line Items]
Due to related parties	$ 133,333	$ 0

SEGMENT REPORTING

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

SEGMENT REPORTING

NOTE 16 – SEGMENT REPORTING

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly in deciding how to allocate resources and assess performance. The Company's CEO is the chief operating decision maker. The Company functions in two operating segments, Energy Operations and Cryptocurrency Operations, about which separate financial information is presented below.


	Three Months Ended				Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
OPERATING REVENUES:
Energy Operations	$	291,314	$	1,371,242	$	1,064,912	$	5,014,163
Cryptocurrency Operations	18,812,825		16,862,499		45,561,412		30,485,793
Total operating revenues	$	19,104,139	$	18,233,741	$	46,626,324	$	35,499,956
NET OPERATING LOSS:
Energy Operations	$	(8,873,175)	$	(9,578,048)	$	(17,076,355)	$	(20,179,073)
Cryptocurrency Operations	(9,768,584)		(6,001,483)		(5,147,426)		(10,016,571)
Total net operating loss	$	(18,641,759)	$	(15,579,531)	$	(22,223,781)	$	(30,195,644)
OTHER (EXPENSE) INCOME (1)	(2,625,238)		3,887,402		6,799,073		(28,157,047)
NET LOSS	$	(21,266,997)	$	(11,692,129)	$	(15,424,708)	$	(58,352,691)

DEPRECIATION AND AMORTIZATION:
Energy Operations	$	(1,346,554)	$	(1,330,647)	$	(2,672,221)	$	(2,663,520)
Cryptocurrency Operations	(7,944,009)		(7,304,320)		(16,132,996)		(13,694,288)
Total depreciation and amortization	$	(9,290,563)	$	(8,634,967)	$	(18,805,217)	$	(16,357,808)
INTEREST EXPENSE:
Energy Operations	$	(24,216)	$	(252,178)	$	(48,665)	$	(411,465)
Cryptocurrency Operations	(2,223,847)		(2,351,300)		(4,462,807)		(4,575,926)
Total interest expense	$	(2,248,063)	$	(2,603,478)	$	(4,511,472)	$	(4,987,391)

(1) The Company does not allocate other income (expense) for segment reporting purposes. Amount is shown as a reconciling item between net operating income (loss) and consolidated net income (loss). Refer to the accompanying condensed consolidated statements of operations for further details.

For the three and six months ended June 30, 2024, and 2023, the loss on disposal of fixed assets, realized loss (gain) on sale of digital currencies, unrealized gain on digital currencies, realized gain on sale of miner assets, and impairments on digital currencies recorded in the condensed consolidated statements of operations were entirely attributable to the Cryptocurrency Operations segment.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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+ Details

BASIS OF PRESENTATION (Details)	May 15, 2023	Jun. 30, 2024 USD ($) $ / shares	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($) $ / shares	Dec. 21, 2023 $ / shares	Jun. 30, 2023 USD ($)	Apr. 20, 2023 $ / shares	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Sep. 19, 2022 $ / shares
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reverse stock split ratio	0.1
Common stock - Class A, par value (in USD per share) \| $ / shares		$ 0.0001		$ 0.0001	$ 0.0001		$ 0.0001			$ 0.0001
Common stock - Class V, par value (in USD per share) \| $ / shares		$ 0.0001		$ 0.0001
Stockholders' equity		$ 41,744,459	$ 61,971,197	$ 43,397,504		$ 82,340,247		$ 82,196,375	$ 83,025,144
Retained Earnings
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stockholders' equity		$ (336,973,510)	$ (314,994,985)	(331,647,755)		$ (298,199,062)		$ (290,848,496)	$ (240,443,302)
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stockholders' equity				99,292
Cumulative Effect, Period of Adoption, Adjustment \| Retained Earnings
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stockholders' equity				$ 99,292

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

- Definition

Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

+ References

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+ Details

SUPPLEMENTAL CASH AND NON-CASH INFORMATION (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Class of Warrant or Right [Line Items]
Income tax payments	$ 0	$ 0
Interest payments	4,442,187	4,676,461
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Purchases of property, plant and equipment through finance leases	249,037	60,679
Purchases of property, plant and equipment included in accounts payable or accrued liabilities	210,020	24,137
Operating lease right-of-use assets exchanged for lease liabilities	0	291,291
Reclassifications from deposits to property, plant and equipment	8,000,643	4,658,970
Extinguishment of convertible note	0	16,812,500
Extinguishment of accrued interest	0	655,500
Issuance of Series C convertible preferred stock, net of issuance costs	0	45,386,944
Warrants – B&M	0	1,739,882
Return of transformers to settle outstanding payable	0	6,007,500
Issuance of B&M Note	0	3,500,000
Elimination of accounts payable	0	11,426,720
Financed insurance premiums	1,676,510	1,275,288
Class A common stock issued to settle outstanding payables or accrued liabilities	44,990	954,793
Warrants – April 2023 Private Placement
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Warrants – April 2023 Private Placement	$ 0	$ 8,882,914

EARNINGS (LOSS) PER SHARE

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

NOTE 17 – EARNINGS (LOSS) PER SHARE

Basic EPS is computed by dividing the Company’s net income (loss) by the weighted average number of Class A shares of common stock outstanding during the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity.


	Three Months Ended				Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Numerator:
Net loss	$	(21,266,997)	$	(11,692,129)	$	(15,424,708)	$	(58,352,691)
Less: net loss attributable to noncontrolling interest	(3,325,180)		(3,355,873)		(2,406,893)		(21,475,004)
Net loss attributable to Stronghold Digital Mining, Inc.	$	(17,941,817)	$	(8,336,256)	$	(13,017,815)	$	(36,877,687)
Denominator:
Weighted average number of Class A common shares outstanding	14,369,800		6,163,450		14,179,810		5,274,471
Basic net loss per share	$	(1.25)	$	(1.35)	$	(0.92)	$	(6.99)
Diluted net loss per share	$	(1.25)	$	(1.35)	$	(0.92)	$	(6.99)

Securities that could potentially dilute earnings (loss) per share in the future were not included in the computation of diluted net loss per share for the three and six months ended June 30, 2024, and 2023, because their inclusion would be anti-dilutive. As of June 30, 2024, the potentially dilutive impact of Series C Preferred Stock not yet exchanged for shares of Class A common stock was 1,497,500, the potentially dilutive impact of Class V shares not yet exchanged for shares of Class A common stock was 2,405,760, and the potentially dilutive impact of outstanding warrants (excluding those with a $0.01 exercise price) was 3,865,910.

Subsequent to June 30, 2024, an institutional investor exercised all 1,300,000 of its pre-funded warrants for an equal amount of shares of Class A common stock. These pre-funded warrants have been included in the computations of basic and diluted net loss per share of Class A common stock above because such pre-funded warrants have a nominal exercise price of $0.01 per warrant.

CONCENTRATIONS (Details)	3 Months Ended		6 Months Ended
CONCENTRATIONS (Details)	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Purchased coal \| Supplier concentration risk \| Two suppliers
Concentration Risk [Line Items]
Concentration risk, percentage	40.00%	30.00%	49.00%	49.00%
Two customers \| Revenue \| Customer concentration risk
Concentration Risk [Line Items]
Concentration risk, percentage	20.00%	18.00%	20.00%	16.00%
Energy Operations \| Customized Energy Solutions, Ltd \| Revenue \| Customer concentration risk
Concentration Risk [Line Items]
Concentration risk, percentage	76.00%	100.00%	87.00%	98.00%

WARRANTS (Tables)

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Outstanding Warrants

The following table summarizes outstanding warrants as of June 30, 2024.


			Number of Warrants
Outstanding as of December 31, 2023			5,277,985
Issued			—
Exercised			—
Outstanding as of June 30, 2024			5,277,985

ACCRUED LIABILITIES

6 Months Ended

Jun. 30, 2024

Payables and Accruals [Abstract]

ACCRUED LIABILITIES

NOTE 6 – ACCRUED LIABILITIES

Accrued liabilities consisted of the following as of June 30, 2024, and December 31, 2023:


	June 30, 2024		December 31, 2023
Accrued legal and professional fees	$	377,647	$	733,115
Accrued interest	2,992		22,101
Accrued sales and use tax	6,088,271		5,660,028
Accrued plant utilities and fuel	1,145,167		3,505,203

Accrued loss contingencies	3,038,487		—
Other	906,090		867,448
Accrued liabilities	$	11,558,654	$	10,787,895

REDEEMABLE COMMON STOCK (Tables)

6 Months Ended

Jun. 30, 2024

Temporary Equity Disclosure [Abstract]

Schedule of Redeemable Common Stock

The Company recorded redeemable common stock as presented in the table below.


	Common - Class V
	Shares	Amount
Balance - December 31, 2023	2,405,760	$	20,416,116
Net loss attributable to noncontrolling interest	—	(2,406,893)

Maximum redemption right valuation	—	(7,592,769)
Balance - June 30, 2024	2,405,760	$	10,416,454

INCOME TAXES (Details) - USD ($)		3 Months Ended		6 Months Ended
INCOME TAXES (Details) - USD ($)	Apr. 01, 2021	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Tax receivable agreement, percentage	85.00%
Income tax expense (benefit)		$ 0	$ 0	$ 0	$ 0
Effective income tax rate		0.00%	0.00%	0.00%	0.00%

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References

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+ Details

RELATED PARTY TRANSACTIONS (Tables)

6 Months Ended

Jun. 30, 2024

Related Party Transactions

Amounts due to related parties as of June 30, 2024, and December 31, 2023, were as follows:


	June 30, 2024		December 31, 2023


Coal Valley Sales, LLC	$	973,371	$	433,195
Panther Creek Operating LLC	—		14,511


Northampton Generating Fuel Supply Company, Inc.	—		226,951
Olympus Power LLC and other subsidiaries	—		44,181


William Spence	133,333		—
Due to related parties	$	1,106,704	$	718,838

INVENTORY (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
Waste coal	$ 4,317,417	$ 4,066,201
Fuel oil	109,816	72,969
Limestone	42,856	57,642
Inventory	$ 4,470,089	$ 4,196,812

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2024	Dec. 31, 2023
Common stock - Class V, par value (in USD per share)	$ 0.0001	$ 0.0001
Common stock - Class V, authorized (in shares)	34,560,000	34,560,000
Common stock - Class V, issued (in shares)	2,405,760	2,405,760
Common stock - Class V, outstanding (in shares)	2,405,760	2,405,760
Common stock - Class A, par value (in USD per share)	$ 0.0001	$ 0.0001
Common stock - Class A, authorized (in shares)	685,440,000	685,440,000
Common stock - Class A, issued (in shares)	12,980,864	11,115,561
Common stock - Class A, outstanding (in shares)	12,980,864	11,115,561
Series C convertible preferred stock
Preferred stock, par value (in USD per share)	$ 0.0001	$ 0.0001
Preferred stock, authorized (in shares)	23,102	23,102
Preferred stock, issued (in shares)	5,990	5,990
Preferred stock, outstanding (in shares)	5,990	5,990
Series D convertible preferred stock
Preferred stock, par value (in USD per share)	$ 0.0001	$ 0.0001
Preferred stock, authorized (in shares)	15,582	15,582
Preferred stock, issued (in shares)	0	7,610
Preferred stock, outstanding (in shares)	0	7,610

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (15,424,708)	$ (58,352,691)
Adjustments to reconcile net loss to cash flows from operating activities:
Depreciation and amortization	18,805,217	16,357,808
Accretion of asset retirement obligation	27,484	26,102
Loss on disposal of fixed assets	1,731,105	108,367
Realized gain on sale of miner assets	(36,012)	0
Change in value of accounts receivable	399,192	1,142,750
Amortization of debt issuance costs	102,946	109,620
Stock-based compensation	3,606,907	6,816,048
Loss on debt extinguishment	0	28,960,947
Changes in fair value of warrant liabilities	(11,295,545)	(5,761,291)
Non-cash adjustments for loss contingencies	5,218,167	0
Other	408,303	(532,880)
(Increase) decrease in digital currencies:
Mining revenue	(42,427,846)	(28,709,950)
Net proceeds from sale of digital currencies	45,596,244	27,064,294
Unrealized gain on digital currencies	(147,221)	0
Impairment losses	0	325,830
(Increase) decrease in assets:
Accounts receivable	(462,359)	7,140,368
Prepaid insurance	2,727,056	3,093,404
Due from related parties	0	(64,276)
Inventory	(273,277)	303,468
Other assets	(1,231,144)	306,998
Increase (decrease) in liabilities:
Accounts payable	1,032,860	(145,649)
Due to related parties	387,866	219,778
Accrued liabilities	(2,413,906)	27,326
Other liabilities, including contract liabilities	(291,811)	(78,849)
NET CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES	6,039,518	(1,642,478)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment	(573,002)	(10,581,332)
Proceeds from sale of property, plant and equipment, including CIP	180,000	0
NET CASH FLOWS USED IN INVESTING ACTIVITIES	(393,002)	(10,581,332)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of debt	(1,806,551)	(2,446,953)
Repayments of financed insurance premiums	(3,178,426)	(3,202,071)
Proceeds from debt, net of issuance costs paid in cash	0	(147,385)
Proceeds from private placements, net of issuance costs paid in cash	0	9,824,567
Proceeds from ATM, net of issuance costs paid in cash	0	2,825
Proceeds from exercise of warrants	0	316
NET CASH FLOWS (USED IN) PROVIDED BY FINANCING ACTIVITIES	(4,984,977)	4,031,299
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	661,539	(8,192,511)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD	4,214,613	13,296,703
CASH AND CASH EQUIVALENTS - END OF PERIOD	$ 4,876,152	$ 5,104,192

EQUIPMENT DEPOSITS	6 Months Ended
EQUIPMENT DEPOSITS	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
EQUIPMENT DEPOSITS	NOTE 4 – EQUIPMENT DEPOSITS Equipment deposits represent contractual agreements with vendors to deliver and install miners at future dates. The following details the vendor, miner model, miner count, and expected delivery month(s). The total equipment deposits of $8,000,643 as of December 31, 2023, represent cash paid for the following 5,000 miner assets: (i) 1,100 MicroBT WhatsMiner M50 miners; (ii) 2,800 Bitmain Antminer S19k Pro miners; and (iii) 1,100 Canaan Avalon A1346 miners. These miner assets were all delivered to the Company during the first quarter of 2024, resulting in an equipment deposits balance of $0 as of June 30, 2024

INCOME TAXES	6 Months Ended
INCOME TAXES	Jun. 30, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 18 – INCOME TAXES Tax Receivable Agreement The Company entered into a Tax Receivable Agreement (“TRA”) with Q Power and an agent named by Q Power on April 1, 2021 (to which an additional holder was subsequently joined as an additional "TRA Holder" on March 14, 2023), pursuant to which the Company will pay the TRA Holders 85% of the realized (or, in certain circumstances, deemed to be realized) cash tax savings attributable to the tax basis step-ups arising from taxable exchanges of units and certain other items. During 2022 and 2023, taxable exchanges of Stronghold LLC units, together with a corresponding number of Class V common shares by Q Power for Class A common stock of the Company, resulted in adjustments to the tax basis of Stronghold LLC’s assets. Such step-ups in tax basis, which were allocated to Stronghold Inc., are expected to increase Stronghold Inc.’s tax depreciation, amortization and/or other cost recovery deductions, which may reduce the amount of tax Stronghold Inc. would otherwise be required to pay in the future. No cash tax savings have been realized by Stronghold Inc. with respect to these basis adjustments due to the Company’s estimated taxable losses, and the realization of cash tax savings in the future is dependent, in part, on estimates of sufficient future taxable income. As such, a deferred income tax asset has not been recorded due to maintaining a valuation allowance on the Company’s deferred income tax assets, and no liability has been recorded with respect to the TRA in light of the applicable criteria for accrual. Estimating the amount and timing of Stronghold Inc.'s realization of income tax benefits subject to the TRA is imprecise and unknown at this time and will vary based on a number of factors, including when future redemptions actually occur. Accordingly, the Company has not recorded any deferred income tax asset or liability associated with the TRA. Provision for Income Taxes The provision for income taxes for the three and six months ended June 30, 2024, and 2023, was zero, resulting in an effective income tax rate of zero. The difference between the statutory income tax rate of 21% and the Company’s effective tax rate for the three and six months ended June 30, 2024, and 2023, was primarily due to pre-tax losses attributable to the noncontrolling interest and due to maintaining a valuation allowance against the Company’s deferred income tax assets. The determination to record a valuation allowance was based on management’s assessment of all available evidence, both positive and negative, supporting realizability of the Company’s net operating losses and other deferred income tax assets, as required by ASC 740, Income Taxes. In light of the criteria under ASC 740 for recognizing the tax benefit of deferred income tax assets, the Company maintained a valuation allowance against its federal and state deferred income tax assets as of June 30, 2024, and December 31, 2023.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12C

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12B

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477891/740-270-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 6.I.5.Q1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-13

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/740/tableOfContent

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-14

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-21

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-17

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482603/740-30-50-2

+ Details

ACCRUED LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2024

Payables and Accruals [Abstract]

Schedule of Accrued Liabilities

Accrued liabilities consisted of the following as of June 30, 2024, and December 31, 2023:


	June 30, 2024		December 31, 2023
Accrued legal and professional fees	$	377,647	$	733,115
Accrued interest	2,992		22,101
Accrued sales and use tax	6,088,271		5,660,028
Accrued plant utilities and fuel	1,145,167		3,505,203

Accrued loss contingencies	3,038,487		—
Other	906,090		867,448
Accrued liabilities	$	11,558,654	$	10,787,895

SUPPLEMENTAL CASH AND NON-CASH INFORMATION (Tables)

6 Months Ended

Jun. 30, 2024

Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]

Schedule of Cash Flow, Supplemental Disclosures

Supplemental disclosures of cash flow information for the six months ended June 30, 2024, and 2023, were as follows:


	June 30, 2024		June 30, 2023
Income tax payments	$	—	$	—
Interest payments	$	4,442,187	$	4,676,461

Supplementary non-cash investing and financing activities consisted of the following for the six months ended June 30, 2024, and 2023:


	June 30, 2024		June 30, 2023


Purchases of property, plant and equipment through finance leases	$	249,037	$	60,679
Purchases of property, plant and equipment included in accounts payable or accrued liabilities	210,020		24,137
Operating lease right-of-use assets exchanged for lease liabilities	—		291,291
Reclassifications from deposits to property, plant and equipment	8,000,643		4,658,970



Issued as part of financing:


Warrants – April 2023 Private Placement	—		8,882,914

Convertible Note Exchange for Series C Convertible Preferred Stock:
Extinguishment of convertible note	—		16,812,500
Extinguishment of accrued interest	—		655,500
Issuance of Series C convertible preferred stock, net of issuance costs	—		45,386,944
B&M Settlement:
Warrants – B&M	—		1,739,882
Return of transformers to settle outstanding payable	—		6,007,500
Issuance of B&M Note	—		3,500,000
Elimination of accounts payable	—		11,426,720
Financed insurance premiums	1,676,510		1,275,288
Class A common stock issued to settle outstanding payables or accrued liabilities	44,990		954,793

RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2024

RELATED PARTY TRANSACTIONS

NOTE 8 – RELATED PARTY TRANSACTIONS

Waste Coal Agreement

The Company is obligated under a Waste Coal Agreement (the “WCA”) to take minimum annual delivery of 200,000 tons of waste coal as long as there is a sufficient quantity of waste coal that meets the Average Quality Characteristics (as defined in the WCA). Under the terms of the WCA, the Company is not charged for the waste coal itself but is charged a $6.07 per ton base handling fee as it is obligated to mine, process, load, and otherwise handle the waste coal for itself and also for other customers of Coal Valley Sales, LLC (“CVS”) from the Company's Russellton site specifically. The Company is also obligated to unload and properly dispose of ash at its Russellton site. The Company is charged a reduced handling fee of $1.00 per ton for any tons in excess of the minimum take of 200,000 tons. The Company is the designated operator of the Russellton site, and therefore, is responsible for complying with all state and federal requirements and regulations.

The Company purchases coal from Coal Valley Properties, LLC, a single-member limited liability company which is entirely owned by one individual who has ownership in Q Power LLC ("Q Power"), and from CVS. CVS is a single-member limited liability company which is owned by a coal reclamation partnership of which an owner of Q Power has a direct and an indirect interest in the partnership of 16.26%.

The Company expensed $244,035 and $150,000 for the three months ended June 30, 2024, and 2023, respectively, and $623,477 and $300,000 for the six months ended June 30, 2024 and 2023, respectively, associated with coal purchases from CVS, which is included in fuel expense in the condensed consolidated statements of operations. See the composition of the due to related parties balance as of June 30, 2024, and December 31, 2023, below.

Fuel Service and Beneficial Use Agreement

The Company has a Fuel Service and Beneficial Use Agreement (“FBUA”) with Northampton Fuel Supply Company, Inc. (“NFS”), a wholly owned subsidiary of Olympus Power. The Company buys fuel from and sends ash to NFS, for the mutual benefit of both facilities, under the terms and rates established in the FBUA. The FBUA expired on December 31, 2023. The Company expensed $821,131 and $923,874 for the three months ended June 30, 2024, and 2023, respectively, and $1,442,640 and $2,081,801 for the six months ended June 30, 2024 and 2023, respectively, which is included in fuel expense in the condensed consolidated statements of operations. See the composition of the due to related parties balance as of June 30, 2024, and December 31, 2023, below.

Effective February 13, 2024, the Company terminated its Omnibus Services Agreement with Olympus Power, and therefore, Northampton is no longer a related party entity.

Fuel Management Agreements

Panther Creek Fuel Services LLC

Effective August 1, 2012, the Company entered into the Fuel Management Agreement (the “Panther Creek Fuel Agreement”) with Panther Creek Fuel Services LLC, a wholly owned subsidiary of Olympus Services LLC which, in turn, is a wholly owned subsidiary of Olympus Power LLC. Under the Panther Creek Fuel Agreement, Panther Creek Fuel Services LLC provides the Company with operations and maintenance services with respect to the Panther Creek Plant. The Company reimburses Panther Creek Energy Services LLC for actual wages and salaries. The Company expensed $0 and $449,228 for the three months ended June 30, 2024, and 2023, respectively, and $0 and $927,849 for the six months ended June 30, 2024, and 2023 which is included in operations and maintenance expense in the condensed consolidated statements of operations. See the composition of the due to related parties balance as of June 30, 2024, and December 31, 2023, below.

Effective February 13, 2024, the Company terminated its Omnibus Services Agreement with Olympus Power, and therefore, Panther Creek Fuel Services LLC is no longer a related party entity.

Scrubgrass Fuel Services, LLC

Effective February 1, 2022, the Company entered into the Fuel Management Agreement (the “Scrubgrass Fuel Agreement”) with Scrubgrass Fuel Services LLC, a wholly owned subsidiary of Olympus Services LLC, which, in turn, is

a wholly owned subsidiary of Olympus Power LLC. Under the Scrubgrass Fuel Agreement, Scrubgrass Fuel Services LLC provides the Company with operations and maintenance services with respect to the Panther Creek Plant. The Company reimburses Scrubgrass Energy Services LLC for actual wages and salaries. The Company expensed $0 and $98,825 for the three months ended June 30, 2024, and 2023, respectively, and $0 and $374,944 for the six months ended June 30, 2024, and 2023, which is included in operations and maintenance expense in the condensed consolidated statements of operations. See the composition of the due to related parties balance as of June 30, 2024, and December 31, 2023, below.

Effective February 13, 2024, the Company terminated its Omnibus Services Agreement with Olympus Power, and therefore, Scrubgrass Fuel Services, LLC is no longer a related party entity.

O&M Agreements

Olympus Power LLC

On November 2, 2021, Stronghold LLC entered into an Operations, Maintenance and Ancillary Services Agreement (the “Omnibus Services Agreement”) with Olympus Stronghold Services, LLC (“Olympus Stronghold Services”), whereby Olympus Stronghold Services provided certain operations and maintenance services to Stronghold LLC and employed certain personnel to operate the Plants. Stronghold LLC reimbursed Olympus Stronghold Services for those costs incurred by Olympus Stronghold Services and approved by Stronghold LLC in the course of providing services under the Omnibus Services Agreement, including payroll and benefits costs and insurance costs. The material costs incurred by Olympus Stronghold Services were to be approved by Stronghold LLC. From November 2, 2021, until October 1, 2023, Stronghold LLC also agreed to pay Olympus Stronghold Services a management fee at the rate of $1,000,000 per year, payable monthly for services provided at each of the Plants, and an additional one-time mobilization fee of $150,000 upon the effective date of the Omnibus Services Agreement, which was deferred. Effective October 1, 2022, Stronghold LLC began paying Olympus Stronghold Services a management fee for the Panther Creek Plant in the amount of $500,000 per year, payable monthly for services provided at the Panther Creek Plant. This was a reduction of $500,000 from the $1,000,000 per year management fee that the Company was previously scheduled to pay Olympus Stronghold Services. The Company expensed $30,000 and $234,688 for the three months ended June 30, 2024, and 2023, respectively, and $60,000 and $470,064 for the six months ended June 30, 2024, and 2023, respectively, which includes the monthly management fees plus reimbursable costs incurred by Olympus Stronghold Services for payroll, benefits and insurance. See the composition of the due to related parties balance as of June 30, 2024, and December 31, 2023, below. On February 13, 2024, Stronghold LLC and Olympus Services entered into a Termination and Release Agreement (the “Termination and Release”) whereby the Omnibus Services Agreement was terminated. The Termination and Release contained a mutual customary release. The Company expects to continue to pay Olympus Power LLC $10,000 per month for ongoing assistance at each of the Scrubgrass Plant and Panther Creek Plant.

As disclosed above, effective February 13, 2024, the Company terminated its Omnibus Services Agreement with Olympus Power, and therefore, Olympus Power LLC is no longer a related party entity.

Panther Creek Energy Services LLC

Effective August 2, 2021, the Company entered into the Operations and Maintenance Agreement (the “O&M Agreement”) with Panther Creek Energy Services LLC, a wholly owned subsidiary of Olympus Services LLC which, in turn, is a wholly owned subsidiary of Olympus Power LLC. Under the O&M Agreement, Panther Creek Energy Services LLC provides the Company with operations and maintenance services with respect to the Panther Creek Plant. The Company reimburses Panther Creek Energy Services LLC for actual wages and salaries. The Company also agreed to pay a management fee of $175,000 per operating year, which is payable monthly, and is adjusted by the consumer price index on each anniversary date of the effective date. The Company expensed $0 and $935,770 for the three months ended June 30, 2024, and 2023, respectively, and $0 and $1,846,164 for the six months ended June 30, 2024, and 2023, respectively, which includes the monthly management fees plus reimbursable costs incurred by Olympus Stronghold Services for payroll, benefits and insurance. See the composition of the due to related parties balance as of June 30, 2024, and December 31, 2023, below.

In connection with the equity contribution agreement, effective July 9, 2021 (the "Equity Contribution Agreement"), the Company entered into the Amended and Restated Operations and Maintenance Agreement (the “Amended O&M Agreement”) with Panther Creek Energy Services LLC. Under the Amended O&M Agreement, the management fee is $250,000 for the twelve-month period following the effective date and $325,000 per year thereafter. The effective date of the Amended O&M Agreement was the closing date of the Equity Contribution Agreement. Effective November 1, 2023, Stronghold LLC no longer pays Olympus Stronghold Services a management fee for the Panther Creek Plant.

Effective February 13, 2024, the Company terminated its Omnibus Services Agreement with Olympus Power, and therefore, Panther Creek Energy Services LLC is no longer a related party entity.

Scrubgrass Energy Services, LLC

Effective February 1, 2022, the Company entered into the Operations and Maintenance Agreement (the “Scrubgrass O&M Agreement”) with Scrubgrass Energy Services LLC, a wholly owned subsidiary of Olympus Services LLC which, in turn, is a wholly owned subsidiary of Olympus Power LLC. Under the Scrubgrass O&M Agreement, Scrubgrass Energy Services LLC provides the Company with operations and maintenance services with respect to the Scrubgrass Plant. The Company reimburses Scrubgrass Energy Services LLC for actual wages and salaries. The Company also agreed to pay a management fee of $175,000 per operating year, which is payable monthly, and is adjusted by the consumer price index on each anniversary date of the effective date. The Company expensed $0 and $545,178 for the three months ended June 30, 2024, and 2023, respectively, and $0 and $2,269,290 for the six months ended June 30, 2024, and 2023, respectively, which includes the monthly management fees plus reimbursable costs incurred by Olympus Stronghold Services for payroll, benefits and insurance. See the composition of the due to related parties balance as of June 30, 2024, and December 31, 2023, below.

In connection with the Equity Contribution Agreement effective July 9, 2021, the Company entered into the Amended and Restated Operations and Maintenance Agreement (the “Scrubgrass Amended O&M Agreement”) with Scrubgrass Energy Services LLC. Under the Scrubgrass Amended O&M Agreement, the management fee is $250,000 for the twelve-month period following the effective date and $325,000 per year thereafter. The effective date of the Scrubgrass Amended O&M Agreement is the closing date of the Equity Contribution Agreement. Effective October 1, 2022, Stronghold LLC no longer pays Olympus Stronghold Services a management fee for the Scrubgrass Plant.

Effective February 13, 2024, the Company terminated its Omnibus Services Agreement with Olympus Power, and therefore, Scrubgrass Energy Services, LLC is no longer a related party entity.

Management Services Agreement

On April 19, 2023, pursuant to an independent consulting agreement the Company entered into with William Spence in connection with his departure from the Board (the "Spence Consulting Agreement"), Mr. Spence's annualized management fee of $600,000 decreased to the greater of $200,000 or 10% of any economic benefits derived from the sale of beneficial use ash, carbon sequestration efforts or alternative fuel arrangements, in each case, arranged by Mr. Spence. The previous consulting and advisory agreement with Mr. Spence was terminated in connection with entry into the Spence Consulting Agreement.

In April 2023, as part of the compensation pursuant to the Spence Consulting Agreement, Mr. Spence also received a one-time grant of 250,000 fully vested shares of the Company's Class A common stock, which was recorded as stock-based compensation in the second quarter of 2023.

Warrants

On September 13, 2022, the Company entered into a Securities Purchase Agreement with Greg Beard, the Company's chairman and chief executive officer, for the purchase and sale of 60,241 shares of Class A common stock and warrants to purchase 60,241 shares of Class A common stock, at an initial exercise price of $17.50 per share, subsequently amended to $10.10 per share and then $7.51 per share. Refer to Note 15 – Equity Issuances for additional details.

Additionally, on April 20, 2023, Mr. Beard invested $1.0 million in exchange for 100,000 shares of Class A common stock and 100,000 pre-funded warrants. Refer to Note 15 – Equity Issuances for additional details.

Amounts due to related parties as of June 30, 2024, and December 31, 2023, were as follows:


	June 30, 2024		December 31, 2023


Coal Valley Sales, LLC	$	973,371	$	433,195
Panther Creek Operating LLC	—		14,511


Northampton Generating Fuel Supply Company, Inc.	—		226,951
Olympus Power LLC and other subsidiaries	—		44,181


William Spence	133,333		—
Due to related parties	$	1,106,704	$	718,838

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-6

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
-Paragraph 2
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
-Paragraph 2
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(g)(3))
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-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(e))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/850/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
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-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-6

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

+ Details

COMMITMENTS AND CONTINGENCIES (Details) terahash in Millions									1 Months Ended		3 Months Ended
	Nov. 09, 2023 USD ($)	Oct. 26, 2022 USD ($)	Jul. 18, 2022	May 09, 2022 USD ($)	Jun. 02, 2021 USD ($)	Apr. 02, 2021 USD ($) miner terahash	Mar. 31, 2020 USD ($)	Jan. 31, 2020 USD ($)	Feb. 29, 2024 credit	Nov. 30, 2019 USD ($)	Dec. 31, 2022 USD ($)	Mar. 31, 2022 USD ($) miner	Nov. 09, 2026 ton	Nov. 09, 2025 ton	Nov. 09, 2024 ton	Jun. 30, 2024 USD ($) miner
McClymonds Supply & Transit Company, Inc. and DTA, L.P. vs. Scrubgrass Generating Company, L.P. \| Scrubgrass Generating Company, L.P.
Unrecorded Unconditional Purchase Obligation [Line Items]
Damages awarded				$ 5,000,000
Litigation settlement interest				$ 800,000
McClymonds Supply & Transit Company, Inc. and DTA, L.P. vs. Scrubgrass Generating Company, L.P. \| Pending Litigation \| McClymonds Supply and Transit Company, Inc.
Unrecorded Unconditional Purchase Obligation [Line Items]
Damages sought								$ 5,042,350
McClymonds Supply & Transit Company, Inc. and DTA, L.P. vs. Scrubgrass Generating Company, L.P. \| Pending Litigation \| Scrubgrass Generating Company, L.P.
Unrecorded Unconditional Purchase Obligation [Line Items]
Damages sought							$ 6,747,328
Allegheny Mineral Corporation v. Scrubgrass Generating Company, L.P., Butler County Court of Common Pleas, No. AD 19-11039 \| Pending Litigation \| Scrubgrass Generating Company, L.P.
Unrecorded Unconditional Purchase Obligation [Line Items]
Damages sought										$ 1,300,000
Allegheny Mineral Corporation v. Scrubgrass Generating Company, L.P., Butler County Court of Common Pleas, No. AD 19-11039 \| Pending Litigation \| Allegheny Mineral Corporation
Unrecorded Unconditional Purchase Obligation [Line Items]
Damages sought										$ 1,200,000
Allegheny Mineral Corporation v. Scrubgrass Generating Company, L.P., Butler County Court of Common Pleas, No. AD 19-11039 \| Settled Litigation \| Scrubgrass Generating Company, L.P.
Unrecorded Unconditional Purchase Obligation [Line Items]
Damages awarded		$ 300,000
Department of Environmental Protection
Unrecorded Unconditional Purchase Obligation [Line Items]
Penalty amount	$ 28,800
Period for payment of penalty	90 days
Alternative energy credits retired for non-compliance \| credit									25,968
Department of Environmental Protection \| Forecast
Unrecorded Unconditional Purchase Obligation [Line Items]
Aggregate tons of excess waste coal ash to be removed \| ton													220,000	160,000	80,000
MinerVa, MinerVA
Unrecorded Unconditional Purchase Obligation [Line Items]
Purchases					$ 14,677,500	$ 44,032,500
Count (in miners) \| miner						15,000						15,000				15,000
Total terahash delivered by miner (in terahash) \| terahash						1.5
Price per miner (in USD per miner)						$ 4,892.5
Remaining commitment balance						$ 73,387,500
Percentage of purchase price					20.00%	60.00%
Unpaid amount																$ 0
Number of miners delivered \| miner												3,200
Impairment											$ 5,120,000	$ 12,228,742
Resolution period			60 days
Equivalent value of collateral exchanged \| miner																12,700

WARRANTS

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

WARRANTS

NOTE 14 – WARRANTS

The following table summarizes outstanding warrants as of June 30, 2024.


			Number of Warrants
Outstanding as of December 31, 2023			5,277,985
Issued			—
Exercised			—
Outstanding as of June 30, 2024			5,277,985

September 2022 Private Placement

On September 13, 2022, the Company entered into Securities Purchase Agreements with Armistice Capital Master Fund Ltd. ("Armistice") and Greg Beard, the Company's chairman and chief executive officer, for the purchase and sale of 227,435 and 60,241 shares of Class A common stock, respectively, and warrants to purchase an aggregate of 560,241 shares of Class A common stock, at an initial exercise price of $17.50 per share. Refer to Note 15 – Equity Issuances for additional details and information regarding subsequent amendments. As part of the transaction, Armistice purchased the pre-funded warrants for 272,565 shares of Class A common stock at a purchase price of $16.00 per warrant. The pre-funded warrants have an exercise price of $0.001 per warrant share.

In April 2023, the Company, Armistice and Mr. Beard entered into amendments to, among other things, adjust the strike price of the remaining outstanding warrants from $17.50 per share to $10.10 per share. In December 2023, the Company and Armistice entered into an amendment to, among other things, adjust the strike price of the remaining outstanding warrants from $10.10 per share to $7.00 per share and extend the expiration date through December 31, 2029. Furthermore, in January 2024, the Company and Mr. Beard entered into an amendment to, among other things, adjust the strike price of

the remaining outstanding warrants from $10.10 per share to $7.51 per share. Refer to Note 15 – Equity Issuances for additional details.

As of June 30, 2024, 560,241 warrants issued in connection with the September 2022 Private Placement remained outstanding.

April 2023 Private Placement

On April 20, 2023, the Company entered into Securities Purchase Agreements with an institutional investor and Greg Beard, the Company's chairman and chief executive officer, for the purchase and sale of shares of Class A common stock, par value $0.0001 per share at a purchase price of $10.00 per share, and warrants to purchase shares of Class A common stock, at an initial exercise price of $11.00 per share (the “April 2023 Private Placement”). Pursuant to the Securities Purchase Agreements, the institutional investor invested $9.0 million in exchange for an aggregate of 900,000 shares of Class A common stock and pre-funded warrants, and Mr. Beard invested $1.0 million in exchange for an aggregate of 100,000 shares of Class A common stock, in each case at a price of $10.00 per share equivalent. Further, the institutional investor and Mr. Beard received warrants exercisable for 900,000 shares and 100,000 shares, respectively, of Class A common stock. Refer to Note 15 – Equity Issuances for additional details.

In January 2024, the Company and Mr. Beard entered into an amendment to, among other things, adjust the strike price of the remaining outstanding warrants from $11.00 per share to $7.51 per share. Refer to Note 15 – Equity Issuances for additional details.

As of June 30, 2024, warrants exercisable for a total of 1,000,000 shares of Class A common stock remained outstanding.

December 2023 Private Placement

On December 21, 2023, the Company entered into a Securities Purchase Agreement with an institutional investor for the purchase and sale of shares of Class A common stock, par value $0.0001 per share at a purchase price of $6.71 per share, and warrants to purchase shares of Class A common stock, at an initial exercise price of $7.00 per share. Pursuant to the Securities Purchase Agreement, the institutional investor invested $15.4 million in exchange for an aggregate of 2,300,000 shares of Class A common stock and pre-funded warrants at a price of $6.71 per share equivalent. Further, the institutional investor received warrants exercisable for 2,300,000 shares of Class A common stock. Refer to Note 15 – Equity Issuances for additional details.

ACCRUED LIABILITIES (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Other Accrued Liabilities:
Accrued legal and professional fees	$ 377,647	$ 733,115
Accrued interest	2,992	22,101
Accrued sales and use tax	6,088,271	5,660,028
Accrued plant utilities and fuel	1,145,167	3,505,203
Accrued loss contingencies	3,038,487	0
Other	906,090	867,448
Accrued liabilities	$ 11,558,654	$ 10,787,895

INVENTORY (Tables)

6 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventory consisted of the following components as of June 30, 2024, and December 31, 2023:


	June 30, 2024		December 31, 2023
Waste coal	$	4,317,417	$	4,066,201
Fuel oil	109,816		72,969
Limestone	42,856		57,642
Inventory	$	4,470,089	$	4,196,812

NATURE OF OPERATIONS (Details)		6 Months Ended
NATURE OF OPERATIONS (Details)	Jul. 27, 2022	Jun. 30, 2024 a power_generation_facility segment MW
Disaggregation of Revenue [Line Items]
Number of coal refuse power generation facilities owned and operating \| power_generation_facility		2
Number of operating segments \| segment		2
Customized Energy Solutions, Ltd
Disaggregation of Revenue [Line Items]
Contract with supplier, term	2 years
Contract with supplier, termination notice before automatic renewal, period	60 days
Reclamation Facility, Venango County, Pennsylvania
Disaggregation of Revenue [Line Items]
Area of land (in acres) \| a		650
Scrubgrass Plant
Disaggregation of Revenue [Line Items]
Generation capacity, electricity (in megawatts)		83.5
Panther Creek Plant
Disaggregation of Revenue [Line Items]
Generation capacity, electricity (in megawatts)		80

BASIS OF PRESENTATION (Policies)	6 Months Ended
BASIS OF PRESENTATION (Policies)	Jun. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	The condensed consolidated financial statements should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2023. Certain information and footnote disclosures normally included in the annual financial statements, prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"), have been condensed or omitted. Certain reclassifications of amounts previously reported have been made to the accompanying condensed consolidated financial statements in order to conform to current presentation. Additionally, since there are no differences between net income (loss) and comprehensive income (loss), all references to comprehensive income (loss) have been excluded from the condensed consolidated financial statements.
Recently Implemented Accounting Pronouncements/Recently Issued Accounting Pronouncements	Recently Implemented Accounting Pronouncements In September 2016, the Financial Accounting Standards Board (the "FASB") issued ASU 2016-13, Financial Instruments – Credit Losses, which adds a new impairment model, known as the current expected credit loss ("CECL") model, that is based on expected losses rather than incurred losses. Under the new guidance, an entity recognizes an allowance for its estimate of expected credit losses at the initial recognition of an in-scope financial instrument and applies it to most debt instruments, trade receivables, lease receivables, financial guarantee contracts, and other loan commitments. The CECL model does not have a minimum threshold for recognition of impairment losses, and entities will need to measure expected credit losses on assets that have a low risk of loss. Since the Company is a smaller reporting company, as defined by the U.S. Securities and Exchange Commission (the "SEC"), the new guidance became effective on January 1, 2023. The Company adopted ASU 2016-13 effective January 1, 2023, but the adoption of ASU 2016-13 did not have an impact on the Company's consolidated financial statements. In December 2023, the FASB issued ASU 2023-08, Intangibles – Goodwill and Other - Crypto Assets (Subtopic 350-60), which requires all entities holding crypto assets that meet certain requirements to subsequently measure those in-scope crypto assets at fair value, with the remeasurement recorded in net income. Among other things, the new guidance also requires separate presentation of (i) the gain or loss associated with remeasurement of crypto assets on the income statement and (ii) crypto assets from other intangible assets on the balance sheet. Before this new guidance, crypto assets were generally accounted for as indefinite-lived intangible assets, which follow a cost-less-impairment accounting model that only reflects decreases, but not increases, in the fair value of crypto assets holdings until sold. Although early adoption is permitted, the new guidance becomes effective on January 1, 2025, and should be applied using a modified retrospective transition method with a cumulative-effect adjustment recorded to the opening balance of retained earnings as of the beginning of the year of adoption. The Company adopted ASU 2023-08 as of January 1, 2024, and the cumulative adjustment increased the opening balance of retained earnings by $99,292. See Note 2 – Digital Currencies for more information. Recently Issued Accounting Pronouncements During the first half of 2024, there have been no recently issued accounting pronouncements applicable to the Company. However, the Company continues to evaluate the impact of the following accounting pronouncements issued during the prior year. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosure, which requires public entities to disclose significant segment expenses and other segment items on an annual and interim basis and to provide in interim periods all disclosures about a reportable segment’s profit or loss and assets that are currently required annually. Additionally, public entities with a single reportable segment will be required to provide the new disclosures and all the disclosures required under ASC 280, Segment Reporting. Although early adoption is permitted, this new guidance becomes effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, on a retrospective basis. The Company is currently evaluating the impact of adopting this new guidance on its interim and annual consolidated financial statements and related disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, to enhance the transparency and decision-usefulness of income tax disclosures, particularly in the rate reconciliation table and disclosures about income taxes paid. Although early adoption is permitted, this new guidance becomes effective for annual periods beginning after December 15, 2024, on a prospective basis. The Company is currently evaluating the impact of adopting this new guidance on its interim and annual consolidated financial statements and related disclosures.

BASIS OF PRESENTATION	6 Months Ended
BASIS OF PRESENTATION	Jun. 30, 2024
Accounting Policies [Abstract]
BASIS OF PRESENTATION	NOTE 1 – BASIS OF PRESENTATION The unaudited condensed consolidated balance sheet as of June 30, 2024, the unaudited condensed consolidated statements of operations and stockholders' equity for the three and six months ended June 30, 2024, and 2023, and the unaudited condensed consolidated statements of cash flows for the six months ended June 30, 2024, and 2023, have been prepared by the Company. In the opinion of management, all adjustments, consisting of only normal and recurring adjustments necessary to present fairly the financial position, results of operations and cash flows for the periods presented, have been made. The results of operations for the three and six months ended June 30, 2024, are not necessarily indicative of the operating results expected for the full year. The condensed consolidated financial statements should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2023. Certain information and footnote disclosures normally included in the annual financial statements, prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"), have been condensed or omitted. Certain reclassifications of amounts previously reported have been made to the accompanying condensed consolidated financial statements in order to conform to current presentation. Additionally, since there are no differences between net income (loss) and comprehensive income (loss), all references to comprehensive income (loss) have been excluded from the condensed consolidated financial statements. On May 15, 2023, following approval by the Board of Directors (the "Board") and stockholders of the Company, the Company effected a 1-for-10 reverse stock split ("Reverse Stock Split") of its Class A common stock, par value $0.0001 per share, and Class V common stock, par value $0.0001 per share. The par values of the Company's Class A and Class V common stock were not adjusted as a result of the Reverse Stock Split. All share and per share amounts and related stockholders' equity balances presented herein have been retroactively adjusted to reflect the Reverse Stock Split. Recently Implemented Accounting Pronouncements In September 2016, the Financial Accounting Standards Board (the "FASB") issued ASU 2016-13, Financial Instruments – Credit Losses, which adds a new impairment model, known as the current expected credit loss ("CECL") model, that is based on expected losses rather than incurred losses. Under the new guidance, an entity recognizes an allowance for its estimate of expected credit losses at the initial recognition of an in-scope financial instrument and applies it to most debt instruments, trade receivables, lease receivables, financial guarantee contracts, and other loan commitments. The CECL model does not have a minimum threshold for recognition of impairment losses, and entities will need to measure expected credit losses on assets that have a low risk of loss. Since the Company is a smaller reporting company, as defined by the U.S. Securities and Exchange Commission (the "SEC"), the new guidance became effective on January 1, 2023. The Company adopted ASU 2016-13 effective January 1, 2023, but the adoption of ASU 2016-13 did not have an impact on the Company's consolidated financial statements. In December 2023, the FASB issued ASU 2023-08, Intangibles – Goodwill and Other - Crypto Assets (Subtopic 350-60), which requires all entities holding crypto assets that meet certain requirements to subsequently measure those in-scope crypto assets at fair value, with the remeasurement recorded in net income. Among other things, the new guidance also requires separate presentation of (i) the gain or loss associated with remeasurement of crypto assets on the income statement and (ii) crypto assets from other intangible assets on the balance sheet. Before this new guidance, crypto assets were generally accounted for as indefinite-lived intangible assets, which follow a cost-less-impairment accounting model that only reflects decreases, but not increases, in the fair value of crypto assets holdings until sold. Although early adoption is permitted, the new guidance becomes effective on January 1, 2025, and should be applied using a modified retrospective transition method with a cumulative-effect adjustment recorded to the opening balance of retained earnings as of the beginning of the year of adoption. The Company adopted ASU 2023-08 as of January 1, 2024, and the cumulative adjustment increased the opening balance of retained earnings by $99,292. See Note 2 – Digital Currencies for more information. Recently Issued Accounting Pronouncements During the first half of 2024, there have been no recently issued accounting pronouncements applicable to the Company. However, the Company continues to evaluate the impact of the following accounting pronouncements issued during the prior year. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosure, which requires public entities to disclose significant segment expenses and other segment items on an annual and interim basis and to provide in interim periods all disclosures about a reportable segment’s profit or loss and assets that are currently required annually. Additionally, public entities with a single reportable segment will be required to provide the new disclosures and all the disclosures required under ASC 280, Segment Reporting. Although early adoption is permitted, this new guidance becomes effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, on a retrospective basis. The Company is currently evaluating the impact of adopting this new guidance on its interim and annual consolidated financial statements and related disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, to enhance the transparency and decision-usefulness of income tax disclosures, particularly in the rate reconciliation table and disclosures about income taxes paid. Although early adoption is permitted, this new guidance becomes effective for annual periods beginning after December 15, 2024, on a prospective basis. The Company is currently evaluating the impact of adopting this new guidance on its interim and annual consolidated financial statements and related disclosures.

DEBT (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of Debt

Total debt consisted of the following as of June 30, 2024, and December 31, 2023:


	June 30, 2024		December 31, 2023
$499,520 loan, with interest at 2.74%, due February 2024.	$	—	$	26,522

$517,465 loan, with interest at 4.79%, due November 2024.	109,488		158,027
$119,000 loan, with interest at 7.40%, due December 2026.	69,346		119,000
$585,476 loan, with interest at 4.99%, due November 2025.	258,648		345,665
$431,825 loan, with interest at 7.60%, due April 2024.	—		31,525
$58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025.	50,946,041		51,060,896

$92,381 loan, with interest at 1.49%, due April 2026.	44,953		56,470
$64,136 loan, with interest at 11.85%, due May 2024.	—		13,795
$196,909 loan, with interest at 6.49%, due October 2025.	108,579		134,845
$249,037 loan, with interest at 4.49%, due April 2029	240,245		—
$60,679 loan, with interest at 7.60%, due March 2025.	40,280		48,672
$3,500,000 Promissory Note, with interest at 7.50%, due October 2025.	3,000,000		3,000,000
$1,184,935 Promissory Note, due June 2024.	—		592,468
$552,024 Promissory Note, due July 2024.	—		552,024
Total outstanding borrowings	$	54,817,580	$	56,139,909

Current portion of long-term debt, net of discounts and issuance fees	16,347,388		7,936,147
Long-term debt, net of discounts and issuance fees	$	38,470,192	$	48,203,762

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details

COMMITMENTS AND CONTINGENCIES	6 Months Ended
COMMITMENTS AND CONTINGENCIES	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 10 – COMMITMENTS AND CONTINGENCIES Commitments: As discussed in Note 4 – Equipment Deposits, the Company has entered into various equipment contracts to purchase miners. Most of these contracts required a percentage of deposits upfront and subsequent payments to cover the contracted purchase price of the equipment. Details of the outstanding purchase agreement with MinerVa are summarized below. MinerVa Semiconductor Corp On April 2, 2021, the Company entered into a purchase agreement (the "MinerVa Purchase Agreement") with MinerVa for the acquisition of 15,000 of their MV7 ASIC SHA256 model cryptocurrency miners with a total terahash to be delivered equal to 1.5 million terahash. The price per miner was $4,892.50 for an aggregate purchase price of $73,387,500 to be paid in installments. The first installment equal to 60% of the purchase price, or $44,032,500, was paid on April 2, 2021, and an additional payment of 20% of the purchase price, or $14,677,500, was paid on June 2, 2021. As of June 30, 2024, there were no remaining deposits owed. In December 2021, the Company extended the deadline for delivery of the MinerVa miners to April 2022. In March 2022, MinerVa was again unable to meet its delivery date and had only delivered approximately 3,200 of the 15,000 miners. As a result, an impairment totaling $12,228,742 was recorded in the first quarter of 2022. Furthermore, in the fourth quarter of 2022, the difference between the fair value of the MinerVa equipment deposits and the carrying value resulted in the Company recording an additional impairment charge of $5,120,000. On July 18, 2022, the Company provided written notice of dispute to MinerVa pursuant to the MinerVa Purchase Agreement. Under the MinerVa Purchase Agreement, the Company and MinerVa were required to work together in good faith towards a resolution for a period of sixty (60) days following this notice, after which, if no settlement had been reached, the Company could end discussions, declare an impasse, and adhere to the dispute resolution provisions of the MinerVa Purchase Agreement. As the 60-day period has expired, the Company is evaluating all available remedies under the MinerVa Purchase Agreement. On October 30, 2023, the Company sent MinerVa a Notice of Impasse. On October 31, 2023, the Company filed a Statement of Claim in Calgary, Alberta against MinerVa for breach of contract related to the MinerVa Purchase Agreement. As of June 30, 2024, MinerVa had delivered, refunded cash or swapped into deliveries of industry-leading miners of equivalent value to approximately 12,700 of the 15,000 miners. As disclosed below, the Company is pursuing legal action through the dispute resolution process, and as a result, the Company no longer expects equipment deliveries. Contingencies: Legal Proceedings The Company experiences litigation in the normal course of business. Certain of these matters are discussed below. The Company accrues for estimated costs related to existing lawsuits, claims and legal proceedings when it is probable that it will incur these costs in the future and the costs are reasonably estimable. McClymonds Supply & Transit Company, Inc. and DTA, L.P. vs. Scrubgrass Generating Company, L.P. On January 31, 2020, McClymonds Supply and Transit Company, Inc. (“McClymonds”) made a Demand for Arbitration, as required by the terms of the Transportation Agreement between McClymonds and Scrubgrass Generating Company, L.P. ("Scrubgrass") dated April 8, 2013 (the “Agreement”). In its demand, McClymonds alleged damages in the amount of $5,042,350 for failure to pay McClymonds for services. On February 18, 2020, Scrubgrass submitted its answering statement denying the claim of McClymonds in its entirety. On March 31, 2020, Scrubgrass submitted its counterclaim against McClymonds in the amount of $6,747,328 as the result of McClymonds’ failure to deliver fuel as required under the terms of the Agreement. Hearings were held from January 31, 2022, to February 3, 2022. On May 9, 2022, an award in the amount of $5.0 million plus interest of approximately $0.8 million was issued in favor of McClymonds. The two managing members of Q Power have executed a binding document to pay the full amount of the award and have begun to pay the full amount of the award, such that there will be no effect on the financial condition of the Company. McClymonds shall have no recourse to the Company with respect to the award. Allegheny Mineral Corporation v. Scrubgrass Generating Company, L.P., Butler County Court of Common Pleas, No. AD 19-11039 In November 2019, Allegheny Mineral Corporation ("Allegheny Mineral") filed suit against the Company seeking payment of approximately $1,200,000 in outstanding invoices. In response, the Company filed counterclaims against Allegheny Mineral asserting breach of contract, breach of express and implied warranties, and fraud in the amount of $1,300,000. After unsuccessful mediation in August 2020, the parties again attempted to mediate the case on October 26, 2022, which led to a mutual agreement to settlement terms of a $300,000 cash payment, and a supply agreement for limestone. Subject to completion of the settlement terms, this matter has been stayed in Butler County Court, and the outstanding litigation has been terminated. Federal Energy Regulatory Commission ("FERC") Matters On November 19, 2021, Scrubgrass received a notice of breach from PJM Interconnection, LLC alleging that Scrubgrass breached Interconnection Service Agreement – No. 1795 (the “ISA”) by failing to provide advance notice to PJM Interconnection, LLC and Mid-Atlantic Interstate Transmission, LLC pursuant to ISA, Appendix 2, section 3, of modifications made to the Scrubgrass Plant. On December 16, 2021, Scrubgrass responded to the notice of breach and respectfully disagreed that the ISA had been breached. On January 7, 2022, Scrubgrass participated in an information gathering meeting with representatives from PJM regarding the notice of breach and continued to work with PJM regarding the dispute, including conducting a necessary study agreement with respect to the Scrubgrass Plant. On January 20, 2022, the Company sent PJM a letter regarding the installation of a resistive computational load bank at the Panther Creek Plant. On March 1, 2022, the Company executed a necessary study agreement with respect to the Panther Creek Plant. PJM’s investigation and discussions with the Company regarding the notice of breach at the Scrubgrass Plant and the Panther Creek Plant are ongoing, including with respect to interim procedures, until the Company receives revised Interconnect Service Agreements for the Scrubgrass Plant and the Panther Creek Plant. Stronghold does not expect to make any material payments related to any resettlements of prior billing statements. The Company continues to expect to source electricity for its computational load banks from the Scrubgrass and Panther Creek Plants; however, Stronghold expects that, until the revised Interconnect Service Agreements are finalized and potentially thereafter, the Company will pay retail rates for electricity that is imported from the grid should it be unable to fully supply power to the computational load banks. On May 11, 2022, the Division of Investigations of the FERC Office of Enforcement (“OE”) informed the Company that the OE was conducting a non-public preliminary investigation concerning Scrubgrass’ compliance with various aspects of the PJM tariff. The OE requested that the Company provide certain information and documents concerning Scrubgrass’ operations by June 10, 2022. On July 13, 2022, after being granted an extension to respond by the OE, the Company submitted a formal response to the OE's request. Since the Company submitted its formal response to the OE's request, the Company has had further discussions with the OE regarding the Company's formal response. The OE's investigation, and discussions between the OE and the Company, regarding potential instances of non-compliance is continuing. The Company does not believe that the PJM notice of breach, the Panther Creek necessary study agreement, discussions regarding other potential issues related to the computational load bank, including power consumption and potential resettlements of billing statements for certain prior months, or the preliminary investigation by the OE will have a material adverse effect on the Company’s reported financial position or results of operations, although the Company cannot predict with certainty the final outcome of these proceedings. Shareholder Securities and Derivative Lawsuits On April 14, 2022, the Company, and certain of our current and former directors, officers and underwriters were named in a putative class action complaint filed in the United States District Court for the Southern District of New York (Winter v. Stronghold Digital Mining, Case No. 1:22-cv-3088). On August 4, 2022, co-lead plaintiffs were appointed. On October 18, 2022, the plaintiffs filed an amended complaint, alleging that the Company made misleading statements and/or failed to disclose material facts in violation of Section 11 of the Securities Act, 15 U.S.C. §77k and Section 15 of the Securities Act of 1933, as amended (the "Securities Act"), about the Company’s business, operations, and prospects in the Company’s registration statement on Form S-1 related to its initial public offering, and when subsequent disclosures were made regarding these operational issues when the Company announced its fourth quarter and full year 2021 financial results, the Company’s stock price fell, causing significant losses and damages. As relief, the plaintiffs are seeking, among other things, compensatory damages. The amended complaint also alleged violations of Section 12 of the Securities Act based on alleged false or misleading statements in the Company’s prospectus related to its initial public offering. On December 19, 2022, the Company filed a motion to dismiss, which the court largely denied on August 10, 2023. On September 8, 2023, the Court entered a Case Management Order, which set a number of case deadlines, including the completion of all discovery by April 21, 2025. On January 19, 2024, the Court granted the motion of one co-lead plaintiff to withdraw from the case, leaving one plaintiff remaining. Plaintiff filed a motion for class certification on February 19, 2024 and defendants’ response to that motion is due on June 10, 2024. The defendants continue to believe the allegations in the complaint are without merit and intend to defend these suits vigorously. On September 5, 2023, and September 15, 2023, respectively, purported shareholders of the Company filed two derivative actions in the United States District Court for the Southern District of New York (Wilson v. Beard, Case No. 1:23-cv-7840, and Navarro v. Beard, Case No. 1:23-cv-08714) against certain of our current and former directors and officers, and the Company as a nominal defendant. The shareholders generally allege that the individual defendants breached their fiduciary duties by making or failing to prevent the misrepresentations alleged in the putative Winter securities class action, and assert claims for breach of fiduciary duty, unjust enrichment, abuse of control, gross mismanagement, corporate waste, and for contribution under Section 11 of the Securities Act and Section 21D of the Securities Exchange Act of 1934. The two cases were consolidated on October 24, 2023 under the case name In Re Stronghold Digital Mining, Inc., Stockholder Derivative Litigation (the “Consolidated Derivative Action”). On November 21, 2023 the Court entered an order staying the Consolidated Derivative Action pending a ruling on the motion for class certification in the putative Winter securities class action. The defendants believe the allegations in the Consolidated Derivative Action are without merit and intend to defend the suits vigorously. On November 14, 2023, and February 4, 2024, respectfully, purported shareholders of the Company filed two additional derivative actions in the United States District Court for the Southern District of New York (Parker v. Beard, Case No. 23 Civ. 10028 and Bruno v. Beard, Case No. 24 Civ. 798) against certain of our current and former directors and officers, and the Company as a nominal defendant. These lawsuits assert substantially the same claims and allegations as the Wilson and Navarro complaints. Plaintiff in the Bruno action had previously served a books and records demand, as well as an investigation/litigation demand, on the Company making similar allegations. On April 24, 2024, the Parker and Bruno cases were consolidated with the Consolidated Derivative Action by agreement of the parties. As a result, the Parker and Bruno cases are also stayed pending further proceedings in the putative Winter securities class action. Representatives for the Company and plaintiffs executed a Memorandum of Understanding reflecting the terms of their agreement in principle on July 18, 2024, including, among other things, a contemplated cash payment, a portion of which will be covered by insurance, and are currently drafting full settlement documentation. The settlement will be subject to court approval. Mark Grams v. Treis Blockchain, LLC, Chain Enterprises, LLC, Cevon Technologies, LLC, Stronghold Digital Mining, LLC, David Pence, Michael Bolick, Senter Smith, Brian Lambretti and John Chain On May 4, 2023, Stronghold Digital Mining, LLC, a subsidiary of the Company ("Stronghold"), was named as one of several defendants in a complaint filed in the United States District Court for the Middle District of Alabama Eastern Division (the "Grams Complaint"). The Grams Complaint alleges that certain Bitcoin miners the Company purchased from Treis Blockchain, LLC ("Treis") in December 2021 contained firmware that is alleged to have constituted “trade secrets” owned by Grams. Principally, the Grams Complaint included allegations of misappropriation of these alleged trade secrets. The Company believes that the allegations against it and its subsidiaries in the Grams Complaint are without merit and intends to vigorously defend the suit. To that end, the Company has entered into a joint defense agreement with Treis and the other named defendants. The Company has also entered into a tolling agreement with Treis. The Company filed a motion to dismiss the case for lack of personal jurisdiction on June 23, 2023. On October 6, 2023, Grams filed an Amended Complaint, to which the Company filed a renewed Motion to Dismiss for Lack of Personal Jurisdiction, or in the Alternative to Transfer the Case to the District of South Carolina, in addition to a renewed Motion to Dismiss several causes of action alleged in the Amended Complaint. On December 8, 2023, the Company filed its reply to Plaintiff’s response to the Company's Motion to Transfer or Alternatively to Dismiss pursuant to Rule 12(b)(2). On April 12, 2024, Grams filed an opposition to the Company’s previously filed motion to dismiss. On April 22, 2024, the Company filed a reply in support of its motion to dismiss. A ruling on the pending motions is expected to be forthcoming in the foreseeable future. On July 8, 2024, the Court denied the Motion to Dismiss for Lack of Personal Jurisdiction, or in the Alternative to Transfer the Case to the District of South Carolina. It further requested the Defendants to refile their Motion to Dismiss several causes of action alleged in the Amended Complaint so that the court could consider that motion separately. Defendants filed their Motion to Dismiss on July 22, 2024. The Company does not believe the Grams Complaint will have a material adverse effect on the Company’s reported financial position or results of operations. MinerVa Purchase Agreement On July 18, 2022, the Company provided written notice of dispute to MinerVa pursuant to the MinerVa Purchase Agreement. Under the MinerVa Purchase Agreement, the Company and MinerVa were required to work together in good faith towards a resolution for a period of sixty (60) days following this notice, after which, if no settlement had been reached, the Company could end discussions, declare an impasse and adhere to the dispute resolution provisions of the MinerVa Purchase Agreement. On October 30, 2023, the Company sent MinerVa a Notice of Impasse. On October 31, 2023, the Company filed a Statement of Claim in Calgary, Alberta against MinerVa for breach of contract related to the MinerVa Purchase Agreement. John W. Krynock v. Panther Creek Fuel Services, LLC c/o Olympus Power On June 2, 2023, Panther Creek Fuel Services, LLC, an affiliate of the Company was named as a defendant in a Federal Black Lung Case under Title IV of the Federal Coal Mine Health and Safety Act of 1969. The Plaintiff previously settled a state law claim with a predecessor in interest of the Company. The Company denies any liability in connection with the claim and intends to defend the suit vigorously. The Company does not believe that the claim will have a material adverse effect on the Company’s reported financial position or results of operations, although the Company cannot predict with any certainty the outcome of these proceedings. Department of Environmental Protection On November 9, 2023, the Company entered into a Consent Order and Agreement (“COA”) with the Commonwealth of Pennsylvania, Department of Environmental Protection (“DEP”). Pursuant to the COA, the DEP found that a July 5, 2022, inspection of the Company’s Scrubgrass Plant observed that coal ash at the Scrubgrass Plant exceeded the capacity of the permitted ash conditioning area as approved by the DEP on September 12, 2007. The COA found that the Scrubgrass Plant’s storage of excess waste coal ash violated certain provisions of the Solid Waste Management Act and Pennsylvania Code, among other items. Pursuant to the COA, Scrubgrass must pay a civil penalty in the amount of $28,800, in two equal installments within ninety (90) days of entry into the COA. The Company made the first payment to the DEP on November 10, 2023. The terms of the COA also require the Company to remove (i) a minimum of 80,000 tons of excess waste coal ash by November 9, 2024, (ii) 160,000 aggregate tons of excess waste coal ash by November 9, 2025, (iii) 220,000 aggregate tons of excess waste coal ash by November 9, 2026, and (iv) all remaining excess waste coal ash by November 9, 2027, such that the ash conditioning area is consistent with the specifications accepted by the DEP on September 7, 2007. Beginning on January 24, 2024, the Company is to provide quarterly progress reports to the DEP. In connection with the COA, the Company has had preliminary discussions with the Pennsylvania Public Utilities Commission (“PUC”) and the DEP regarding potential resettlement or forfeiture of Pennsylvania Tier II Alternative Energy Credits during any period of non-compliance, expected to be limited to July 5-22, 2022. In February of 2024, the Company retired 25,968 Alternative Energy Credits reflective of the amount of credits generated during the period of non-compliance from July 5-22, 2022. On December 15, 2023, the Scrubgrass Creek Watershed Association filed a Notice of Appeal to the Environmental Hearing Board regarding the COA (the “COA Appeal”). The Company does not believe the COA, COA Appeal or discussions with the PUC will have a material adverse effect on the Company’s reported financial position or results of operations. Save Carbon County On March 26, 2024, the Company, Panther Creek Power Operating, LLC, Stronghold and Stronghold LLC were named as defendants (collectively, the “Stronghold Defendants”) in a complaint filed in the Court of Common Pleas in Philadelphia County by Save Carbon County (the “Complaint”). In addition to the Stronghold Defendants, Josh Shapiro in his capacity as the Governor of the Commonwealth of Pennsylvania, the Pennsylvania Department of Environmental Protection, Jessica Shirley in her capacity as the Interim Secretary for the Pennsylvania Department of Environmental Protection, and the Pennsylvania Public Utility Commission were named as defendants. Pursuant to the Complaint, Save Carbon County alleges certain public nuisance, private nuisance, products liability, and negligence claims against the Stronghold Defendants and demands compensatory and punitive damages, together with costs of suit, interest, and attorney’s fees. On July 30, 2024, the parties stipulated to the transfer of the litigation to the Commonwealth Court of Pennsylvania, where the litigation will resume in the initial pleading stage, including resolution of preliminary objections to dismiss or narrow the scope of the Complaint's claims. The Company believes the Complaint is without merit. The Company does not believe that the claim will have a material adverse effect on the Company’s reported financial position or results of operations, although the Company cannot predict with any certainty the outcome of these proceedings.

WARRANTS - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions				1 Months Ended	6 Months Ended
	Dec. 21, 2023	Apr. 20, 2023	Sep. 19, 2022	Aug. 14, 2024	Jun. 30, 2024	Jan. 31, 2024	Jan. 29, 2024	Dec. 31, 2023	Apr. 30, 2023
Debt Instrument [Line Items]
Warrants outstanding (in shares)					5,277,985			5,277,985
Common stock - Class A, par value (in USD per share)	$ 0.0001	$ 0.0001	$ 0.0001		$ 0.0001			$ 0.0001
Warrants exercised (in shares)					0
September 2022 Warrants
Debt Instrument [Line Items]
Warrants issued during period (in shares)			560,241
Exercise price of warrants (in USD per share)		10.10	$ 17.50			$ 7.51	$ 7.51	$ 7.00	$ 10.10
Warrants outstanding (in shares)					560,241
September 2022 Pre-Funded Warrants
Debt Instrument [Line Items]
Warrants issued during period (in shares)			272,565
Exercise price of warrants (in USD per share)			$ 0.001
Warrant purchase price (in USD per share)			$ 16.00
April 2023 Warrants
Debt Instrument [Line Items]
Exercise price of warrants (in USD per share)		$ 11.00				$ 7.51
Warrants outstanding (in shares)					1,000,000
April 2023 Warrants \| Institutional Investor
Debt Instrument [Line Items]
Warrants issued during period (in shares)		900,000
April 2023 Warrants \| Greg Beard
Debt Instrument [Line Items]
Warrants issued during period (in shares)		100,000
December 2023 Warrants
Debt Instrument [Line Items]
Exercise price of warrants (in USD per share)	$ 7.00				$ 0.01
December 2023 Warrants \| Institutional Investor
Debt Instrument [Line Items]
Warrants issued during period (in shares)	2,300,000
Warrants outstanding (in shares)					3,600,000
December 2023 Warrants \| Institutional Investor \| Subsequent Event
Debt Instrument [Line Items]
Warrants exercised (in shares)				1,300,000
Private Placement With Armistice Capital Master Fund Ltd.
Debt Instrument [Line Items]
Stock issued and sold during period (in shares)			227,435
Sale of stock (in USD per share)			$ 16.00
Private placement With Greg Beard, Co-Chairman And Chief Executive Officer
Debt Instrument [Line Items]
Stock issued and sold during period (in shares)			60,241
Sale of stock (in USD per share)			$ 16.60
Private Placement
Debt Instrument [Line Items]
Sale of stock (in USD per share)	$ 6.71	$ 10.00
Sale of stock, gross proceeds		$ 10.0
Private Placement \| Institutional Investor
Debt Instrument [Line Items]
Stock issued and sold during period (in shares)	2,300,000	900,000
Sale of stock (in USD per share)	$ 6.71	$ 10.00
Sale of stock, gross proceeds	$ 15.4	$ 9.0
Private Placement \| Greg Beard
Debt Instrument [Line Items]
Stock issued and sold during period (in shares)		100,000
Sale of stock (in USD per share)		$ 10.00
Sale of stock, gross proceeds		$ 1.0

REDEEMABLE COMMON STOCK - Schedule of Mezzanine Equity (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance (in shares)			2,405,760
Net loss attributable to noncontrolling interest	$ (3,325,180)	$ (3,355,873)	$ (2,406,893)	$ (21,475,004)
Ending balance (in shares)	2,405,760		2,405,760
Retained Earnings
Increase (Decrease) in Temporary Equity [Roll Forward]
Net loss attributable to noncontrolling interest	$ (3,325,180)	$ (3,355,873)	$ (2,406,893)	$ (21,475,004)
Common Stock - Class V
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance (in shares)			2,405,760
Beginning balance			$ 20,416,116
Net loss attributable to noncontrolling interest			(2,406,893)
Maximum redemption right valuation			$ (7,592,769)
Ending balance (in shares)	2,405,760		2,405,760
Ending balance	$ 10,416,454		$ 10,416,454

- Definition

Amount of Net Income (Loss) attributable to noncontrolling interest.

+ References

+ Details

- Definition

Carrying amount, attributable to parent and noncontrolling interests, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer.

+ References + Details

EQUIPMENT DEPOSITS (Details)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($) miner
Property, Plant and Equipment [Line Items]
Equipment deposits \| $	$ 0	$ 8,000,643
Number of miners for deposit		5,000
Miner Equipment, MicroBT Whatsminer M50
Property, Plant and Equipment [Line Items]
Number of miners for deposit		1,100
Miner Equipment, Bitmain Antminer S19k Pro
Property, Plant and Equipment [Line Items]
Number of miners for deposit		2,800
Miner Equipment, Canaan Avalon A1346
Property, Plant and Equipment [Line Items]
Number of miners for deposit		1,100

SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The Company functions in two operating segments, Energy Operations and Cryptocurrency Operations, about which separate financial information is presented below.


	Three Months Ended				Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
OPERATING REVENUES:
Energy Operations	$	291,314	$	1,371,242	$	1,064,912	$	5,014,163
Cryptocurrency Operations	18,812,825		16,862,499		45,561,412		30,485,793
Total operating revenues	$	19,104,139	$	18,233,741	$	46,626,324	$	35,499,956
NET OPERATING LOSS:
Energy Operations	$	(8,873,175)	$	(9,578,048)	$	(17,076,355)	$	(20,179,073)
Cryptocurrency Operations	(9,768,584)		(6,001,483)		(5,147,426)		(10,016,571)
Total net operating loss	$	(18,641,759)	$	(15,579,531)	$	(22,223,781)	$	(30,195,644)
OTHER (EXPENSE) INCOME (1)	(2,625,238)		3,887,402		6,799,073		(28,157,047)
NET LOSS	$	(21,266,997)	$	(11,692,129)	$	(15,424,708)	$	(58,352,691)

DEPRECIATION AND AMORTIZATION:
Energy Operations	$	(1,346,554)	$	(1,330,647)	$	(2,672,221)	$	(2,663,520)
Cryptocurrency Operations	(7,944,009)		(7,304,320)		(16,132,996)		(13,694,288)
Total depreciation and amortization	$	(9,290,563)	$	(8,634,967)	$	(18,805,217)	$	(16,357,808)
INTEREST EXPENSE:
Energy Operations	$	(24,216)	$	(252,178)	$	(48,665)	$	(411,465)
Cryptocurrency Operations	(2,223,847)		(2,351,300)		(4,462,807)		(4,575,926)
Total interest expense	$	(2,248,063)	$	(2,603,478)	$	(4,511,472)	$	(4,987,391)

SUBSEQUENT EVENTS	6 Months Ended
SUBSEQUENT EVENTS	Jun. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 21 – SUBSEQUENT EVENTS TBD

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
OPERATING REVENUES:
Total operating revenues	$ 19,104,139	$ 18,233,741	$ 46,626,324	$ 35,499,956
OPERATING EXPENSES:
Fuel	5,798,304	6,291,501	13,209,132	13,705,515
Operations and maintenance	9,081,647	8,804,097	17,323,372	17,245,020
General and administrative	11,746,585	10,077,738	18,344,931	18,546,493
Depreciation and amortization	9,290,563	8,634,967	18,805,217	16,357,808
Loss on disposal of fixed assets	1,731,105	17,281	1,731,105	108,367
Realized loss (gain) on sale of digital currencies	243,688	(266,665)	(380,419)	(593,433)
Unrealized gain on digital currencies	(145,994)	0	(147,221)	0
Realized gain on sale of miner assets	0	0	(36,012)	0
Impairments on digital currencies	0	254,353	0	325,830
Total operating expenses	37,745,898	33,813,272	68,850,105	65,695,600
NET OPERATING LOSS	(18,641,759)	(15,579,531)	(22,223,781)	(30,195,644)
OTHER INCOME (EXPENSE):
Interest expense	(2,248,063)	(2,603,478)	(4,511,472)	(4,987,391)
Loss on debt extinguishment	0	0	0	(28,960,947)
Changes in fair value of warrant liabilities	(382,175)	6,475,880	11,295,545	5,761,291
Other	5,000	15,000	15,000	30,000
Total other (expense) income	(2,625,238)	3,887,402	6,799,073	(28,157,047)
NET LOSS	(21,266,997)	(11,692,129)	(15,424,708)	(58,352,691)
Net loss attributable to noncontrolling interest	(3,325,180)	(3,355,873)	(2,406,893)	(21,475,004)
NET LOSS attributable to Stronghold Digital Mining, Inc.	$ (17,941,817)	$ (8,336,256)	$ (13,017,815)	$ (36,877,687)
NET LOSS attributable to Class A common shareholders:
Basic (in USD per share)	$ (1.25)	$ (1.35)	$ (0.92)	$ (6.99)
Diluted (in USD per share)	$ (1.25)	$ (1.35)	$ (0.92)	$ (6.99)
Weighted average number of Class A common shares outstanding:
Basic (in shares)	14,369,800	6,163,450	14,179,810	5,274,471
Diluted (in shares)	14,369,800	6,163,450	14,179,810	5,274,471
Cryptocurrency mining
OPERATING REVENUES:
Total operating revenues	$ 14,988,526	$ 13,782,798	$ 36,279,584	$ 25,080,096
Cryptocurrency hosting
OPERATING REVENUES:
Total operating revenues	3,824,299	3,079,701	9,281,828	5,405,697
Energy
OPERATING REVENUES:
Total operating revenues	221,370	740,793	921,437	3,471,779
Capacity
OPERATING REVENUES:
Total operating revenues	0	582,557	0	1,442,067
Other
OPERATING REVENUES:
Total operating revenues	$ 69,944	$ 47,892	$ 143,475	$ 100,317

DIGITAL CURRENCIES - Changes in Digital Currencies (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Crypto Asset [Roll Forward]
Realized (loss) gain on sale of digital currencies	$ (243,688)	$ 266,665	$ 380,419	$ 593,433
Unrealized gain on digital currencies	145,994	0	147,221	0
Impairment losses			0	(325,830)
Bitcoin
Crypto Asset [Roll Forward]
Digital currencies at beginning of period	2,704	672,852	3,175,595	109,827
Additions of digital currencies	17,313,625	15,788,875	42,427,846	28,709,950
Realized (loss) gain on sale of digital currencies	(243,688)	266,665	380,419	593,433
Unrealized gain on digital currencies	145,994	0	147,221	0
Impairment losses	0	(254,353)	0	(325,830)
Proceeds from sale of digital currencies	(16,964,925)	(15,044,386)	(45,976,663)	(27,657,727)
Digital currencies at end of period	$ 253,710	$ 1,429,653	253,710	1,429,653
Cumulative Effect, Period of Adoption, Adjustment \| Bitcoin
Crypto Asset [Roll Forward]
Digital currencies at beginning of period			$ 99,292	$ 0

WARRANTS - Outstanding Warrants (Details)	6 Months Ended
WARRANTS - Outstanding Warrants (Details)	Jun. 30, 2024 shares
Class Of Warrant Or Right, Outstanding [Roll Forward]
Outstanding as of beginning of period (in shares)	5,277,985
Issued (in shares)	0
Exercised (in shares)	0
Outstanding as of end of period (in shares)	5,277,985

DEBT - Narrative (Details)						3 Months Ended			6 Months Ended		14 Months Ended
DEBT - Narrative (Details)	Dec. 26, 2023 USD ($) $ / bitcoin installment	Jul. 19, 2023 USD ($) $ / bitcoin installment	Apr. 30, 2023 USD ($) installment	Feb. 20, 2023 USD ($)	Feb. 06, 2023 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($)	Feb. 15, 2024 USD ($)	Mar. 28, 2023 USD ($) transformer shares	Dec. 30, 2022 $ / shares	Oct. 27, 2022 USD ($)
Extinguishment of Debt [Line Items]
Loss on debt extinguishment						$ 0	$ 0		$ 0	$ 28,960,947
Bruce - Merrilees Electric Co.
Extinguishment of Debt [Line Items]
Payable eliminated													$ 11,400,000
Number of transformers released \| transformer													10
Number of transformers cancelled \| transformer													90
Series C Convertible Preferred Stock
Extinguishment of Debt [Line Items]
Preferred stock, par value (in USD per share) \| $ / shares														$ 0.0001
Loans payable \| Canaan Inc
Extinguishment of Debt [Line Items]
Number of installments \| installment	6	10
Upfront payment	$ 828,036	$ 1,777,402
Promissory note	$ 552,024	$ 1,184,935
Loans payable \| Canaan Inc \| Miner Equipment, A1346 Bitcoin Miners
Extinguishment of Debt [Line Items]
Number of miners purchased \| $ / bitcoin	1,100	2,000
Purchases	$ 1,380,060	$ 2,962,337
$58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025. \| Loans payable
Extinguishment of Debt [Line Items]
Debt face amount						58,149,411			58,149,411		$ 58,149,411
Period of pause on triggered monthly debt repayments					5 months
Monthly prepayments, average daily cash percentage in excess of triggering amount					50.00%
Monthly prepayments, triggering daily cash balance amount (in excess)					$ 7,500,000
Loan prepayment						$ 37,800			$ 217,800
Maximum leverage ratio					4.0
Interest rate						10.00%			10.00%		10.00%
$58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025. \| Loans payable \| SOFR
Extinguishment of Debt [Line Items]
Basis spread on variable rate					10.00%
Reference rate					3.00%
$58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025. \| Loans payable \| Federal Funds Rate
Extinguishment of Debt [Line Items]
Basis spread on variable rate					0.50%
$58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025. \| Loans payable \| Term SOFR \| Debt Instrument, Basis Spread On Variable Rate, One
Extinguishment of Debt [Line Items]
Basis spread on variable rate					1.00%
$58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025. \| Loans payable \| Term SOFR \| Debt Instrument, Basis Spread On Variable Rate, Two
Extinguishment of Debt [Line Items]
Basis spread on variable rate					9.00%
$58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025. \| Loans payable \| Until March 31, 2024
Extinguishment of Debt [Line Items]
Minimum liquidity requirement					$ 2,500,000
$58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025. \| Loans payable \| During The Period April 1, 2024 Through December 31, 2024
Extinguishment of Debt [Line Items]
Minimum liquidity requirement					5,000,000
$58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025. \| Loans payable \| From and After January 1, 2025
Extinguishment of Debt [Line Items]
Minimum liquidity requirement					$ 7,500,000
$58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025. \| Loans payable \| Until June 30, 2025
Extinguishment of Debt [Line Items]
Minimum liquidity requirement												$ 2,500,000
$58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025. \| Loans payable \| From and After July 1, 2025
Extinguishment of Debt [Line Items]
Minimum liquidity requirement												$ 5,000,000
Amended And Restated 10% Notes \| Loans payable
Extinguishment of Debt [Line Items]
Interest rate														10.00%
Debt extinguished, paid-in-kind				$ 16,900,000
Loss on debt extinguishment								$ 28,960,947
$3,500,000 Promissory Note, with interest at 7.50%, due October 2025. \| Loans payable
Extinguishment of Debt [Line Items]
Debt face amount						$ 3,500,000			$ 3,500,000		$ 3,500,000		$ 3,500,000
Interest rate						7.50%			7.50%		7.50%
Warrants issued during period (in shares) \| shares													300,000
Repayment of debt											$ 500,000
B&M Note Due October 2025, Tranche One \| Loans payable
Extinguishment of Debt [Line Items]
Debt face amount			$ 500,000
Number of installments \| installment			4
Principal installment			$ 125,000
Secured Debt \| $58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025. \| Loans payable
Extinguishment of Debt [Line Items]
Debt face amount															$ 35,100,000
Line of Credit \| $58,149,411 Credit Agreement, with interest at 10.00% plus SOFR, due October 2025. \| Loans payable
Extinguishment of Debt [Line Items]
Debt face amount															$ 23,000,000.0
Interest rate during period									15.50%	14.81%

PROPERTY, PLANT AND EQUIPMENT - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Depreciation and amortization	$ 9,290,563	$ 8,634,967	$ 18,805,217	$ 16,357,808
Depreciation of assets under finance leases	116,187	$ 112,141	219,923	$ 245,523
Gross value of assets under finance leases	3,046,302		3,046,302		$ 2,797,265
Assets under finance leases, accumulated amortization	1,640,659		1,640,659		1,420,736
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 11,225,488		$ 11,225,488		$ 11,562,170