47 paragraphs of its Risk Factors mention AI.
Compare companies, side by side
The same facts from the filings for each company in a group, where each stands among the others, and what each wrote about a topic in its latest 10-K.
- Sales growth
- +32%
- Gross margin
- 55%
- Operating margin
- -195%
- Net margin
- -158%
The 3 largest, ranked among the group
Each corner is the share of Crypto companies the company is above on that ratio. The dashed line is the middle of the group. A rank, not a score.
3 paragraphs of its Risk Factors mention AI, against 0 the year before.
4 paragraphs of its Risk Factors mention AI.
Crypto: the same facts for each company
| Company | Revenue, 12 months | Sales growth | Gross / operating margin | Net margin | Debt / equity | Accounting items | Insider buys | Investors | Open |
|---|---|---|---|---|---|---|---|---|---|
| GLXY Galaxy Digital | $37.0B
|
+42% |
GM -OM -
|
-1.2% | 3.53 | 0 of 3to read | 3 | 0 | 10-K |
| GME GameStop | $3.6B
|
-5.1% |
GM 38%OM 14%
|
25% | 0.68 | 2 of 6to read | 12 | 0 | 10-K |
| CRCL Circle Internet Group | $3.0B
|
+64% |
GM -OM 11%
|
15% | - | 1 of 3to read | 0 | 0 | 10-K |
| BKKT Bakkt | $2.3B
|
-32% |
GM -OM -6.1%
|
-0.1% | - | 4 of 3to read | 1 | 0 | 10-K |
| MARA MARA Holdings | $716.0M
|
+38% |
GM -OM -393%
|
-411% | 1.28 | 2 of 3to read | 0 | 0 | 10-K |
| FIGR Figure Technology Solutions | $708.9M
|
+49% |
GM -OM 28%
|
33% | 0.68 | 1 of 3to read | 0 | 0 | 10-K |
| CLSK CleanSpark | $679.2M
|
+102% |
GM 55%OM -132%
|
-147% | 2.34 | 4 of 3to read | 0 | 0 | 10-K |
| RIOT Riot Platforms | $675.7M
|
+72% |
GM -OM -211%
|
-211% | 0.31 | 1 of 4to read | 0 | 0 | 10-K |
| CORZ Core Scientific | $592.1M
|
-38% |
GM 41%OM -73%
|
-18% | - | 4 of 3to read | 3 | 0 | 10-K |
| MSTR Strategy | $495.1M
|
+3.0% |
GM 68%OM -
|
- | 0.12 | 1 of 4to read | 0 | 0 | 10-K |
| HUT Hut 8 | $305.5M
|
+45% |
GM 61%OM -227%
|
-170% | - | 3 of 4to read | 0 | 0 | 10-K |
| ABTC American Bitcoin | $270.8M
|
+159% |
GM 49%OM -39%
|
-27% | - | 2 of 3to read | 0 | 0 | 10-K |
| GEMI Gemini Space Station | $206.7M
|
+26% |
GM -OM -195%
|
-250% | - | 1 of 3to read | 0 | 0 | 10-K |
| WULF TeraWulf | $190.8M
|
+20% |
GM 26%OM -250%
|
-411% | 3.56 | 1 of 4to read | 3 | 0 | 10-K |
| CIFR Cipher Digital | $146.1M
|
+48% |
GM 50%OM -387%
|
-742% | 9.26 | 1 of 3to read | 0 | 0 | 10-K |
| BMNR Bitmine Immersion Technologies | $124.8M
|
- |
GM 85%OM -
|
- | - | 4 of 3to read | 0 | 0 | 10-K |
| BTBT Bit Digital | $122.8M
|
+5.1% |
GM -OM -225%
|
-237% | 0.26 | 2 of 4to read | 0 | 0 | 10-K |
| EXOD Exodus Movement | $110.9M
|
+4.5% |
GM -OM -
|
-101% | - | 0 of 3to read | 0 | 0 | 10-K |
| FWDI Forward Industries | $53.1M
|
-9.0% |
GM 71%OM -
|
- | - | 3 of 4to read | 0 | 0 | 10-K |
| SBET Sharplink | $52.8M
|
+666% |
GM -OM -
|
- | - | 3 of 4to read | 0 | 0 | 10-K |
| UPXI Upexi | $19.2M
|
+58% |
GM 91%OM -
|
- | 1.16 | 2 of 5to read | 0 | 0 | 10-K |
| BTCS BTCS | $16.6M
|
+305% |
GM 27%OM -
|
-746% | - | 4 of 3to read | 0 | 0 | 10-K |
| DFDV DeFi Development | $15.1M
|
+442% |
GM 98%OM -867%
|
- | - | 3 of 3to read | 8 | 0 | 10-K |
| HSDT Solana Company | $12.1M
|
- |
GM 96%OM -
|
- | - | 3 of 4to read | 0 | 0 | 10-K |
| DJT Trump Media & Technology Group | $6.5M
|
+1.8% |
GM 55%OM -
|
- | 0.68 | 2 of 5to read | 0 | 0 | 10-K |
| TRON Tron Inc. | $5.1M
|
+10.0% |
GM 26%OM -42%
|
- | - | 0 of 4to read | 0 | 0 | 10-K |
| ASST Strive | $3.6M
|
- |
GM -OM -621%
|
-591% | - | 1 of 2to read | 1 | 0 | 10-K |
| SUIG SUI Group | $2.4M
|
+18% |
GM -OM -
|
- | - | 1 of 3to read | 0 | 0 | 10-K |
| NAKA Nakamoto | $1.8M
|
-33% |
GM -OM -
|
- | - | 4 of 2to read | 7 | 0 | 10-K |
| HYPD Hyperion DeFi | $1.4M
|
- |
GM -OM -
|
- | 0.06 | 5 of 3to read | 0 | 0 | 10-K |
| LITS Lite Strategy | -
|
- |
GM -OM -
|
- | - | 1 of 2to read | 0 | 0 | 10-K |
| XXI Twenty One Capital | -
|
- |
GM -OM -
|
- | - | 1 of 2to read | 0 | 0 | 10-K |
Growth against cash margin
The 14 largest by revenue. A bigger bubble is more revenue; the dashed lines are the median of these companies.
How to read this page
- A radar shows where a company ranks among its group on six ratios. A corner at the edge means it is above every other company on that ratio.
- A table row lists the facts as the filings give them: revenue, growth, margins, debt to equity, the accounting checks, insider buying and followed investors holding.
- A bubble to the right grew faster, and one higher up kept more of its sales as free cash flow.
- A bar is paragraphs that mention the topic this year, and the mark on it is last year.
Risk Factors and XBRL figures from each company's latest 10-K, read nightly from SEC EDGAR. Nothing here is a rating.
AI: paragraphs that mention it
All 32 companies
Risk Factors paragraphs in each company's latest 10-K, most mentions first. The bar is this year and the mark is last year.
What the companies wrote
BTBT Bit Digital, Inc
92 paragraphsIn the fourth quarter of 2023, we initiated WhiteFiber AI, a new business line to provide cloud services to support generative AI workstreams. The Company commenced the cloud services in January 2024.
Item 7, MD&A, 10-K Mar 27, 2026
As part of WhiteFiber’s growth strategy, it seeks to attract and acquire customers requiring high-performance computing, such as AI, machine learning, and automated decision-making technologies, including proprietary AI algorithms and models (collectively, “AI Technologies”).
Item 1A, Risk Factors, 10-K Mar 27, 2026
MARA MARA Holdings, Inc.
60 paragraphsMARA is an energy and digital infrastructure company that leverages Bitcoin mining and artificial intelligence (“AI”) compute to monetize excess energy and underutilized power and optimize power management across its operations. We are focused on two key priorities: strategically growing …
Item 7, MD&A, 10-K Mar 2, 2026
Bitcoin mining and AI inference require significant energy consumption, and our operations could be negatively impacted by government regulations or taxes specifically targeting energy usage in digital asset mining, AI or HPC. Federal, state or local authorities may impose restrictions …
Item 1A, Risk Factors, 10-K Mar 2, 2026
CLSK CLEANSPARK, INC.
48 paragraphsAny potential use of emerging technologies like AI, machine learning and generative artificial intelligence could lead to unintended consequences and result in reputational harm and litigation.
Item 1A, Risk Factors, 10-K Nov 25, 2025
We continue to evaluate emerging technologies like AI, machine learning and generative AI for incorporation into our business. State and federal regulations relating to these emerging technologies are quickly evolving, and should we adopt such technologies, we may require significant …
Item 1A, Risk Factors, 10-K Nov 25, 2025
GLXY Galaxy Digital Inc.
47 paragraphsAI and related industries are under increasing scrutiny from regulators due to their concerns about market concentration, anti-competitive practices, and the pace of partnerships and acquisitions involving generative AI startups. As the AI industry continues to grow, transactions and …
Item 1A, Risk Factors, 10-K Feb 26, 2026
… Following the EU AI Act, Colorado passed a Consumer Protections for Artificial Intelligence bill introducing state-level oversight of “high-risk” AI systems, which mirrors language and several provisions appearing in the EU AI Act. In the U.S., there …
Item 1A, Risk Factors, 10-K Feb 26, 2026
HUT Hut 8 Corp.
42 paragraphsRecent developments in the cyber threat landscape include use of AI and machine learning, as well as an increased number of cyber extortion and ransomware attacks, with the potential for higher ransom demand amounts and increasing sophistication, using a variety …
Item 1A, Risk Factors, 10-K Feb 25, 2026
… These services support customers operating compute, storage, and network workloads across traditional enterprise, B2B, machine learning, visual effects, and AI. Our CPU infrastructure offering is delivered in Mississauga, Ontario; Vaughan, Ontario; Kelowna, British Columbia; and two locations in Vancouver, British …
Item 7, MD&A, 10-K Feb 25, 2026
CORZ Core Scientific, Inc./tx
41 paragraphscustomers to support workloads for machine learning and artificial intelligence.
Item 7, MD&A, 10-K Mar 2, 2026
• rapid innovation and technological disruption in cloud computing, machine learning and artificial intelligence decrease
Item 1A, Risk Factors, 10-K Mar 2, 2026
Show all 32 companies' quotes
CIFR Cipher Digital Inc.
27 paragraphsThe increasing focus on the risks and strategic importance of certain AI services, such as AI cloud services, and AI or machine learning technologies, has already resulted in regulatory restrictions that target products and services capable of enabling or facilitating …
Item 1A, Risk Factors, 10-K Feb 24, 2026
There are growing concerns about the ethical implications and potential misuse of the growing AI technologies and the AI landscape is facing challenges and uncertainties. The development of more advanced AI systems, such as large language models and generative AI …
Item 1A, Risk Factors, 10-K Feb 24, 2026
MSTR Strategy Inc
19 paragraphsIntegral to the Strategy portfolio are generative AI capabilities that are designed to automate and accelerate the deployment of AI-enabled applications across the enterprise. By making advanced analytics accessible through conversational AI, we provide non-technical users with timely, actionable insights for decision-making.
Item 7, MD&A, 10-K Feb 19, 2026
Integral to the Strategy portfolio are generative AI capabilities that are designed to automate and accelerate the deployment of AI-enabled applications across the enterprise. By making advanced analytics accessible through conversational AI, we provide non-technical users with timely, actionable insights for decision-making.
Item 7, MD&A, 10-K Feb 19, 2026
WULF TERAWULF INC.
17 paragraphsWe are a vertically integrated owner, developer, and operator of digital infrastructure assets in the United States, purpose-built to support HPC workloads, including AI, machine learning, and advanced cloud applications.
Item 7, MD&A, 10-K Feb 27, 2026
… These datacenters are optimized for high-value applications such as cloud computing, machine learning, and artificial intelligence. We are actively seeking opportunities to expand into these areas using our knowledge, expertise, and existing infrastructure wherever favorable market opportunities arise.
Item 7, MD&A, 10-K Feb 27, 2026
RIOT Riot Platforms, Inc.
16 paragraphs… A notable emerging trend is the convergence of bitcoin mining operations with large scale data center services, including those supporting AI/HPC workloads. As demand for data center infrastructure accelerates, driven by advances in machine learning, generative AI, and compute …
Item 7, MD&A, 10-K Mar 2, 2026
Our expanding data center operations, including those supporting AI and HPC applications, may also be subject to new or evolving regulatory frameworks.
Item 1A, Risk Factors, 10-K Mar 2, 2026
GEMI Gemini Space Station, Inc.
15 paragraphs… These models are trained primarily on internal datasets, including user transaction history, account activity, and customer service interactions, and operate under data governance protocols that prohibit the use of sensitive or personally identifiable information in generative AI applications. We also …
Item 1A, Risk Factors, 10-K Mar 31, 2026
We currently use machine learning and AI, both proprietary and third-party technologies, to support our products, processes, and internal operations and have plans to expand our use of AI in the future. For example, we
Item 1A, Risk Factors, 10-K Mar 31, 2026
EXOD Exodus Movement, Inc.
13 paragraphs• development in mathematics, technology, including in digital computing, artificial intelligence, algebraic
Item 1A, Risk Factors, 10-K Mar 11, 2026
Public AI failures, inadequate AI governance, recordkeeping or auditability failures, data privacy violations, intellectual
Item 1A, Risk Factors, 10-K Mar 11, 2026
FIGR Figure Technology Solutions, Inc.
11 paragraphsAs the regulatory framework for blockchain technology, machine learning technology, artificial intelligence and online platforms evolves, our business, financial condition, and results of operations may be adversely affected. The regulatory framework for blockchain technology, machine learning technology, artificial intelligence, and …
Item 1A, Risk Factors, 10-K Mar 16, 2026
Our use of blockchain technology, artificial intelligence, machine learning and other similar tools could adversely affect our products and services, harm our reputation, or cause us to incur liability resulting from harm to individuals or violation of laws and regulations or contracts to which we are a party.
Item 1A, Risk Factors, 10-K Mar 16, 2026
BKKT Bakkt, Inc.
10 paragraphs• The United States government is considering regulating artificial intelligence and machine learning, and legislation regulating certain aspects of artificial intelligence and machine learning has been proposed, and in certain cases adopted, in U.S. states.
Item 1A, Risk Factors, 10-K Mar 19, 2026
Furthermore, laws relating to privacy, data protection and cybersecurity, including with respect to the use of data in connection with artificial intelligence and machine learning, are rapidly evolving, extensive, complex and include inconsistencies and uncertainties. Examples of recent and anticipated developments that have or could impact our business include the following:
Item 1A, Risk Factors, 10-K Mar 19, 2026
DFDV DeFi Development Corp.
10 paragraphsSOL is subject to technological obsolescence, including competition from emerging blockchain and artificial intelligence protocols.
Item 1A, Risk Factors, 10-K Mar 30, 2026
• regulatory or legal developments in the United States and other countries related to digital assets, blockchain and AI;
Item 1A, Risk Factors, 10-K Mar 30, 2026
DJT Trump Media & Technology Group Corp.
7 paragraphsAdditionally, TMTG expects an increase in the regulation of the use of AI and ML in products and services. For example, in Europe, the proposed Artificial Intelligence Act (“AI Act”), once adopted, could impose onerous obligations related to the development, placing on the market and use of AI-related systems. TMTG may have to change TMTG’s business practices to comply with obligations under these or other new and evolving regimes.
Item 1A, Risk Factors, 10-K Feb 27, 2026
… Using human moderators and an artificial intelligence vendor known as HIVE, Truth Social has developed what TMTG believes is a robust, fair, and viewpoint-neutral moderation system and that its moderation practices are consistent with, and indeed help facilitate, TMTG …
Item 1A, Risk Factors, 10-K Feb 27, 2026
NAKA Nakamoto Inc.
6 paragraphsWe provide sponsors with data that identifies which institutional players are researching Bitcoin infrastructure. Stricter enforcement of GDPR or the UK Data Protection Act specifically regarding financial/crypto interest data could limit our ability to monetize our audience. If generative AI models can effectively aggregate and synthesize specialist Bitcoin technical knowledge, the scarcity value of our intellectual property may be impaired.
Item 1A, Risk Factors, 10-K Mar 30, 2026
… malfunctions, or hardware failures, loss of data or other information technology assets, adware, attacks enhanced or facilitated by artificial intelligence (“AI”), including through increased speed, scale, or sophistication, telecommunications failures, earthquakes, fire, flood, power loss, system failures, computer viruses, software …
Item 1A, Risk Factors, 10-K Mar 30, 2026
HSDT Solana Co
5 paragraphsFurthermore, our employees and personnel may use generative artificial intelligence (“AI”) technologies to perform their work, and the disclosure and use of personal data in such technologies is subject to various privacy laws and other privacy obligations. Governments have passed …
Item 1A, Risk Factors, 10-K Mar 31, 2026
SOL is subject to technological obsolescence, including competition from emerging blockchain and artificial intelligence protocols.
Item 1A, Risk Factors, 10-K Mar 31, 2026
ABTC American Bitcoin Corp.
4 paragraphsRecent developments in the cyber threat landscape include use of artificial intelligence ("AI") and machine learning, as well as an increased number of cyber extortion and ransomware attacks, with the potential for higher ransom demand amounts and increasing sophistication, using …
Item 1A, Risk Factors, 10-K Mar 27, 2026
The pace of technological change is accelerating, and the continued creation, development, and advancement of new technologies such as artificial intelligence, quantum computing, data analytics, and data storage, as well as other emerging technologies, continue to transform our business. In …
Item 1A, Risk Factors, 10-K Mar 27, 2026
BMNR BITMINE IMMERSION TECHNOLOGIES, INC.
4 paragraphs… Advances in quantum computing or artificial intelligence (AI) could eventually make certain of these algorithms vulnerable to attack. The future point at which this is projected to occur is sometimes called "Q-Day." No quantum computer is currently known to …
Item 1A, Risk Factors, 10-K Nov 10, 2026
… The rapid development and deployment of artificial intelligence and machine learning tools may further increase the frequency, sophistication, and effectiveness of cyberattacks.
Item 1A, Risk Factors, 10-K Nov 10, 2026
CRCL Circle Internet Group, Inc.
4 paragraphsWe increasingly use AI, machine learning, data analytics (including generative AI), and similar tools that collect, aggregate, and analyze data (collectively, “Data Tools”) in connection with our business, such as for customer support, AML alerts review, engineering code assistance, and …
Item 1A, Risk Factors, 10-K Mar 9, 2026
We use AI, machine learning, data analytics, and similar tools that collect, aggregate, and analyze data. Our use of such AI, machine learning, data analytics, and similar tools could enhance intellectual property, cybersecurity, operational, and technological risks, which could have an adverse effect on our business.
Item 1A, Risk Factors, 10-K Mar 9, 2026
SUIG SUI Group Holdings Ltd.
4 paragraphsWe may use generative artificial intelligence and/or machine learning (collectively, “AI”) tools in our operations. If our peers use AI tools to optimize operations and we fail to utilize AI tools in a comparable manner, we may be competitively …
Item 1A, Risk Factors, 10-K Feb 27, 2026
The use of, or inability to use, artificial intelligence by us, our employees, consultants, directors, vendors, investors or contract counterparties presents risks and challenges that may adversely impact our business and operating results or the business and operating results of our vendors, investors or contract counterparties.
Item 1A, Risk Factors, 10-K Feb 27, 2026
FWDI Forward Industries, Inc.
3 paragraphsSolana is subject to technological obsolescence, including competition from emerging blockchain and artificial intelligence protocols.
Item 1A, Risk Factors, 10-K Dec 11, 2025
… Advancements in AI and blockchain technology are likely to accelerate the development of such protocols, including the development of additional networks that natively integrate AI into consensus mechanisms and other core features. If Solana is unable to evolve to address …
Item 1A, Risk Factors, 10-K Dec 11, 2025
GME GameStop Corp.
3 paragraphsWe may begin using artificial intelligence and machine learning technologies (“AI”) to enhance certain workflows and processes used in our business, including certain customer-facing and operational activities. AI is still in its early stages, and the introduction and incorporation …
Item 1A, Risk Factors, 10-K Mar 24, 2026
If our use of artificial intelligence becomes controversial, we may experience brand or reputational harm, competitive harm, or legal liability. There is uncertainty in the legal and regulatory landscape for AI, which is not fully developed, and any laws, regulations …
Item 1A, Risk Factors, 10-K Mar 24, 2026
LITS Lite Strategy, Inc.
3 paragraphsSecurity breaches and privacy, data protection, cybersecurity, operational resilience and Artificial Intelligence (AI) issues could compromise our information and systems and expose us to liability, which would cause our business and reputation to suffer.
Item 1A, Risk Factors, 10-K Sep 28, 2026
We may incorporate the use of AI into our business, operations and offerings in ways which present opportunities as well as challenges and risks, particularly as AI can produce hallucinations and AI agents may take undesired actions, if used. AI …
Item 1A, Risk Factors, 10-K Sep 28, 2026
UPXI UPEXI, INC.
3 paragraphsIn 2019, Dr. Salkind joined the Strategic Advisory Board of Bio Symetrics, a company that has built data services tools for automated pre-processing, integrated analytics, and predictive modeling to make machine learning accessible to scientists and providers. Their technology serves health and hospital systems, biopharma, drug discovery and precision medicine.
10-K, 10-K Sep 17, 2026
… and technical capabilities enable a plethora of use cases from decentralized finance (“DeFi”) to decentralized physical infrastructure networks (“DePIN”), AI agents, social media, gaming, stablecoins, real-world assets (“RWA”s), and more. Moreover, according to Electric Capital’s 2024 Developer …
10-K, 10-K Sep 17, 2026
XXI Twenty One Capital, Inc.
3 paragraphsIn addition, our efforts to develop online learning programs may be materially adversely affected by increased competition in the online education market and our competitors’ increasing use of artificial intelligence and machine learning, or because of problems with the performance or reliability of our future online program infrastructure.
Item 1A, Risk Factors, 10-K Mar 31, 2026
Jared Roscoe has served as a member of our Board since December 2025. He serves as Partner, Deputy General Counsel, and Senior Advisor for Government Affairs at SoftBank Group International, where he leads global disputes, investigations, and regulatory matters, negotiates cross-border M&A transactions, and advises on policy and government affairs. He also serves on the boards of Stack AV, an autonomous trucking company, and Graphcore and Ampere, AI chip developers.
10-K, 10-K Mar 31, 2026
HYPD HYPERION DEFI, INC.
2 paragraphsHYPE is subject to technological obsolescence, including competition from emerging blockchain and artificial intelligence protocols, which could have a negative impact on the price of HYPE and adversely affect the value of our HYPE holdings.
Item 1A, Risk Factors, 10-K Mar 30, 2026
… Advancements in AI and blockchain technology are likely to accelerate the development of such protocols, including the development of additional networks that natively integrate AI into consensus mechanisms and other core features. If HYPE is unable to evolve to address …
Item 1A, Risk Factors, 10-K Mar 30, 2026
BTCS BTCS Inc.
1 paragraph… The block-building market is characterized by rapid technological change, and competitors may deploy advanced algorithms, artificial intelligence, machine learning, or other technologies that improve their competitive position relative to ours. If we are unable to keep pace with technological …
Item 7, MD&A, 10-K Mar 26, 2026
SBET Sharplink, Inc.
1 paragraph… Such threats may see their frequency increased, and effectiveness enhanced, by the use of artificial intelligence. Further, cybersecurity risks may be heightened as a result of ongoing global conflicts such as the Russia-Ukraine conflict or the ongoing Israel-Hamas …
Item 1A, Risk Factors, 10-K Mar 9, 2026
ASST Strive, Inc.
0 paragraphsNot mentioned in the latest 10-K.
TRON Tron Inc.
0 paragraphsNot mentioned in the latest 10-K.