Evenly matched
34 companies value 48 bn revenue 6.6 bn margin -163.1% free cash flow -9.1 bn avg. score 1.0
IREN holds 22.6% of the group's value, 1.3x the runner-up · MARA leads the industry without being the largest
| Rank | Ticker | Company | Share | Value | Revenue | Margin | FCF | 5 years | FCF/px | Yield | What it does · why it is here |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | IREN | IREN Limited Australia · score 0.0 | 23% | 11 bn | 0.7 bn | -99.4% | -0.9 bn | -8.2% | — | AI data centers and bitcoin mining, from Australia · Renewable-powered mining with a strong pivot to GPU cloud | |
| 2 | HUT | Hut 8 Corp. United States · score 0.0 | 17% | 8.4 bn | 0.3 bn | -188.6% | -0.1 bn | -1.1% | — | Energy and high-performance computing infrastructure · Florida — revenue of $318m | |
| 3 | WULF | TERAWULF INC. United States · score 0.0 | 13% | 6.0 bn | 0.2 bn | -12x | -2.5 bn | -41.6% | — | Large-scale digital infrastructure for high-performance computing · Maryland — revenue of $165m | |
| 4 | RIOT | Riot Platforms United States · score 0.0 | 11% | 5.2 bn | 0.7 bn | -196.3% | -0.8 bn | -14.8% | — | Bitcoin mining and digital infrastructure · Large miner shifting capacity to AI data centers | |
| 5 | CIFR | Cipher Digital Inc. United States · score 0.0 | 8% | 3.7 bn | 0.2 bn | -585.8% | -1.5 bn | -40.2% | — | Industrial-scale data centers for cutting-edge computing · New York — revenue of $191m | |
| 6 | MARA | MARA Holdings United States · score 0.0 | 6% | 2.9 bn | 0.8 bn | -163.1% | -1.2 bn | -43.4% | — | Bitcoin mining and digital energy infrastructure · World's largest listed bitcoin miner by capacity | |
| 7 | IOND | Ionic Digital Inc. United States · score 0.2 | 6% | 2.9 bn | 0.2 bn | -183.7% | -0.1 bn | — | -2.2% | — | Crypto mining and digital infrastructure · Florida — revenue of $163m |
| 8 | CLSK | CLEANSPARK, INC. United States · score 0.0 | 5% | 2.2 bn | 0.8 bn | -130.2% | -0.6 bn | -28.5% | — | Data centers and bitcoin mining · Nevada — revenue of $766m | |
| 9 | BTDR | Bitdeer Technologies Group Singapore · score 4.8 | 4% | 2.1 bn | — | — | — | — | — | — | Bitcoin mining, hosting and cloud hashrate · Singapore |
| 10 | KEEL | Keel Infrastructure Corp. United States · score 0.0 | 3% | 1.5 bn | 0.2 bn | -198.4% | -0.3 bn | -23.5% | — | Power generation with co-located bitcoin mining data centers · New York — revenue of $219m | |
| 11 | ABTC | American Bitcoin Corp. United States · score 0.0 | 1% | 0.6 bn | 0.3 bn | -71.7% | -0.1 bn | -17.9% | — | Bitcoin mining and a strategic bitcoin reserve · Florida — revenue of $272m | |
| 12 | HIVE | HIVE Digital Technologies Ltd. Canada · score 4.2 | 1% | 0.5 bn | 0.3 bn | -98.5% | 0.1 bn | 10.2% | — | Digital infrastructure focused on sustainable energy · Canada — revenue of $331m | |
| 13 | DGXX | Digi Power X Inc. Canada · score 0.0 | 1% | 0.3 bn | 0.0 bn | -114.8% | -0.1 bn | -48.9% | — | Data centers and sustainable energy infrastructure · Canada — revenue of $31m | |
| 14 | CAN | Canaan Inc. Singapore · score 0.0 | 0% | 0.2 bn | 0.5 bn | -39.7% | -0.3 bn | -177.2% | — | Bitcoin mining machines, from China · Singapore — revenue of $530m | |
| 15 | FUFU | Bitfufu Inc. Singapore · score 0.0 | 0% | 0.2 bn | 0.4 bn | -29.3% | -0.1 bn | -45.1% | — | Cloud bitcoin mining and hosting · Singapore — revenue of $400m | |
| 16 | BGIN | BGIN BLOCKCHAIN Ltd Singapore · score 0.0 | 0% | 0.2 bn | 0.1 bn | -262.6% | -0.2 bn | -82.2% | 1.9% | Cryptocurrency mining machines, from Hong Kong · Singapore — revenue of $67m | |
| 17 | ZSQR | Z Squared Inc. United States · score 0.1 | 0% | 0.2 bn | 0.0 bn | -872.5% | -0.0 bn | -4.1% | — | Biotech and cell therapy holding company · Florida — revenue of $3m | |
| 18 | SLNH | Soluna Holdings, Inc United States · score 0.0 | 0% | 0.1 bn | 0.0 bn | -182.2% | -0.1 bn | -34.1% | — | Data centers co-located with renewable power plants · New York — revenue of $42m | |
| 19 | BVC | BitVentures Ltd Hong Kong · score 5.4 | 0% | 0.1 bn | 0.0 bn | 687.6% | 0.0 bn | 3.7% | — | Crypto mining with Bitmain hardware, formerly early-stage technology businesses · Hong Kong | |
| 20 | SAIH | SAIHEAT Ltd Singapore · score 0.0 | 0% | 0.1 bn | 0.0 bn | -142.7% | -0.0 bn | -15.0% | — | Computing and power for artificial intelligence · Singapore — revenue of $5m | |
| 21 | BGDE | Big Digital Energy, Inc. United States · score 0.0 | 0% | 0.0 bn | 0.0 bn | -80.7% | -0.0 bn | -98.9% | — | Digital infrastructure and data centers · Pennsylvania — revenue of $27m | |
| 22 | NCTY | The9 LTD China · score 0.0 | 0% | 0.0 bn | 0.0 bn | -379.0% | 0.0 bn | -9.1% | — | Video games and digital assets, from China · China — revenue of $15m | |
| 23 | DRK | DarkHorse Technologies Inc. United States · score 0.0 | 0% | 0.0 bn | 0.0 bn | -332.5% | -0.0 bn | -99.9% | — | Bitcoin mining and conversion of power sites into modular data centers for AI and HPC · Connecticut — revenue of $10m | |
| 24 | EBON | Ebang International Holdings Inc. United States · score 0.0 | 0% | 0.0 bn | 0.0 bn | -215.6% | -0.0 bn | -108.3% | — | Crypto mining machines and renewable energy · North Carolina — revenue of $7m | |
| 25 | OLOX | OLENOX INDUSTRIES INC. United States · score 0.0 | 0% | 0.0 bn | 0.0 bn | -427.8% | -0.0 bn | -689.9% | — | Bitcoin mining, oil and gas and energy technology, with a plan to turn natural gas into computing power · Texas — revenue of $4m | |
| 26 | CANG | Cango Inc. Hong Kong · score 0.4 | — | — | 0.7 bn | -90.4% | -0.1 bn | — | — | Bitcoin mining and digital infrastructure · Hong Kong — revenue of $688m | |
| 27 | VIP | Vulcan Infrastructure & Power Inc. United States · score 1.7 | — | — | 0.1 bn | 1.0% | -0.0 bn | — | — | Data centers and powered assets for intensive computing · New York — revenue of $51m | |
| 28 | AGMH | AGM GROUP HOLDINGS, INC. Hong Kong · score 3.3 | — | — | 0.0 bn | 1.8% | 0.0 bn | — | — | Financial technology and cryptocurrency mining · Hong Kong — revenue of $31m | |
| 29 | ARBK | Argo Blockchain Plc United Kingdom · score 2.9 | — | — | 0.0 bn | 32.8% | -0.0 bn | — | — | Bitcoin mining, from the United Kingdom · United Kingdom — revenue of $16m | |
| 30 | BTCT | BTC Digital Ltd. Singapore · score 1.1 | — | — | 0.0 bn | -64.5% | -0.0 bn | — | — | Bitcoin mining and machine sales · Singapore — revenue of $14m | |
| 31 | PWCM | POWERCOMPUTE, INC. United States · score 0.4 | — | — | 0.0 bn | -413.9% | -0.0 bn | — | — | Bitcoin treasury strategy · Florida — revenue of $9m | |
| 32 | ABTS | Abits Group Inc Hong Kong · score 2.8 | — | — | 0.0 bn | -60.8% | 0.0 bn | — | — | Digital assets and technology · Hong Kong — revenue of $8m | |
| 33 | DTCX | Datacentrex, Inc. United States · score 0.9 | — | — | 0.0 bn | -122.1% | -0.0 bn | — | — | Dogecoin and Litecoin mining with Scrypt assets, former social media advertising platform · Utah — revenue of $7m | |
| 34 | AIBZ | Bitzero Holdings Inc. Canada · score 5.0 | — | — | — | — | — | — | — | — | Bitcoin mining and data center projects for high-performance computing in Norway and Finland · Canada |
Other industries in the same sector
- Sector overview
- Global banks (US) 4 companies
- Payments 7 companies
- International banks 22 companies
- Diversified holding companies 36 companies
- Continental European banks 5 companies
- Asian banks 6 companies
- Investment banks 13 companies
- Exchanges and financial data 12 companies
- Property and casualty insurance 27 companies
- Life insurance and annuities 24 companies
- Alternative assets and private equity 21 companies
- Traditional asset management 22 companies
and 31 industries more
- Insurance brokerage 27 companies
- Regional banks — US South 94 companies
- Regional banks — US Midwest 64 companies
- Brokerage and custody 16 companies
- Regional banks — US Northeast 75 companies
- UK banks 3 companies
- Indian banks 2 companies
- Payments infrastructure and fintech 26 companies
- Consumer credit and cards 18 companies
- Specialty insurance 29 companies
- Listed infrastructure 5 companies
- Custody and asset servicing 3 companies
- Digital and crypto brokerages 14 companies
- Digital banks 8 companies
- Regional banks — US West 50 companies
- Reinsurance 8 companies
- Crypto treasuries 50 companies
- Consumer lending fintech 22 companies
- BDCs (private credit) 50 companies
- Mortgage REITs (mREITs) 40 companies
- Mortgage origination 11 companies
- Electronic trading platforms 3 companies
- Boutique investment banks 11 companies
- Stablecoins and crypto infrastructure 20 companies
- Title insurance 5 companies
- Cross-border remittances 5 companies
- Auto finance 4 companies
- Latin American fintech 3 companies
- Government-backed mortgage finance 3 companies
- Insurtech 4 companies
- Financial services (diversified) 3 companies
What this is. A catalogue, not a guide. Every industry with stocks listed on the NYSE or NASDAQ, the companies contending for its leadership, what each one does according to its own annual report, and the balance sheet it filed with the SEC.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.