10 Best Day Trading Stocks To Invest In Now

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5. Digihost Technology Inc. (NASDAQ:DGHI)

Number of Hedge Fund Holders: 2 

Beta as of February 25: 5.54

Share Price Decrease Over Last Month as of February 25: 31%

Digihost Technology Inc. (NASDAQ:DGHI) is an innovative energy infrastructure company that develops cutting-edge data centers to drive the expansion of sustainable energy assets. For the third quarter of 2024, the revenue for the company rose 71% to $9.2 million, up from $5.4 million in the same period in the previous year, driven by diversified revenue streams through colocation agreements and energy sales. On February 11, the firm announced the launch of US Data Centers Inc, a wholly-owned subsidiary focused on developing high-performance computing (HPC) and AI-driven data centers. The new firm will focus on a data center project that will be completed in two phases, with a total planned capacity of 55 MW. Phase one will add 22 MW of HPC capacity by Q2 2026, requiring $176 million in capital. Phase two will add 33 MW by Q1 2027, with an investment of $264 million.

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