stronghold digital mining inc shares are down 22 to 249 after the company on tuesday reported secondquarter earnings that came in below wall street expectations the new yorkbased cryptoassetmining company widened its net loss to 167 million from a loss of 1 million in the previous year on a pershare basis the company posted a loss of 82 cents analysts polled by factset were anticipating a pershare loss of 19 cents revenue for the quarter ended june 30 grew to 292 million from 42 million in the yearago quarter below analysts estimate of 303 million in revenue operating expenses increased in the quarter as the company said higher labor costs costs associated with increased maintenance and uptime of plants and higher lease expenses cut into the companys bottom line the companys share price closed tuesday at 319 before dropping to as low as 245 on wednesday the companys share price is down about 80 so far this year