32companies in Crypto
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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.

Group median · 32 companies
Sales growth
+32%
Gross margin
55%
Operating margin
-195%
Net margin
-158%
Where each stands

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.

GLXY Galaxy Digital
Revenue $37.0B, last twelve months
Year by year
Revenue growth: 41.8%, above 56% of 25 peers (their median 26.3%) REVENUE GROWTH 41.8% · above 56% Net margin: -1.2%, above 76% of 17 peers (their median -169.8%) NET MARGIN -1.2% · above 76% FCF margin: -5.8%, above 84% of 19 peers (their median -100.9%) FCF MARGIN -5.8% · above 84%
Sales growth
+42%
Operating margin
-
FCF margin
-5.8%

9 paragraphs of its Risk Factors mention Supply chain.

GME GameStop
Revenue $3.6B, last twelve months
Year by year
Revenue growth: -5.1%, above 16% of 25 peers (their median 38.2%) REVENUE GROWTH -5.1% · above 16% Gross margin: 37.9%, above 20% of 15 peers (their median 55.2%) GROSS MARGIN 37.9% · above 20% Operating margin: 13.5%, above 94% of 16 peers (their median -202.8%) OPERATING MARGIN 13.5% · above 94% Net margin: 25.2%, above 94% of 17 peers (their median -169.8%) NET MARGIN 25.2% · above 94% FCF margin: 19.4%, above 95% of 19 peers (their median -100.9%) FCF MARGIN 19.4% · above 95%
Sales growth
-5.1%
Operating margin
14%
FCF margin
19%

3 paragraphs of its Risk Factors mention Supply chain, against 3 the year before.

CRCL Circle Internet Group
Revenue $3.0B, last twelve months
Year by year
Revenue growth: 63.9%, above 76% of 25 peers (their median 26.3%) REVENUE GROWTH 63.9% · above 76% Operating margin: 11.3%, above 88% of 16 peers (their median -202.8%) OPERATING MARGIN 11.3% · above 88% Net margin: 15.3%, above 88% of 17 peers (their median -169.8%) NET MARGIN 15.3% · above 88% FCF margin: 24.4%, above 100% of 19 peers (their median -100.9%) FCF MARGIN 24.4% · above 100%
Sales growth
+64%
Operating margin
11%
FCF margin
24%

1 paragraph of its Risk Factors mention Supply chain.

From the filings

Crypto: the same facts for each company

Showing 12 of 32, largest revenue first
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
Sales growth is the last fiscal year against the one before; margins are over the last twelve months. Where each comes from

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.

By topic · 10-K Item 1A

Supply chain: paragraphs that mention it

RIOT 14 vs 14 BTBT 13 vs 9 CIFR 9 vs 7 CORZ 9 vs 5 GLXY 9 TRON 8 vs 8 MARA 7 vs 4 CLSK 6 vs 4 HSDT 5 vs 8 HUT 5 vs 8 BMNR 4 vs 4 ABTC 3 vs 5 FIGR 3 GME 3 vs 3 LITS 3 vs 1
All 32 companies
BKKT 2 vs 2 GEMI 2 NAKA 2 vs 1 UPXI 2 vs 2 WULF 2 vs 7 CRCL 1 DJT 1 vs 1 SUIG 1 vs 0 ASST 0 vs 1 BTCS 0 vs 1 DFDV 0 vs 0 EXOD 0 vs 0 FWDI 0 vs 1 HYPD 0 vs 3 MSTR 0 vs 0 SBET 0 vs 0 XXI 0

Risk Factors paragraphs in each company's latest 10-K, most mentions first. The bar is this year and the mark is last year.

In their words

What the companies wrote

The paragraphs as filed, each linked to its filing on sec.gov

RIOT Riot Platforms, Inc.

14 paragraphs

Global macroeconomic, geopolitical, and public health events and resulting supply chain issues could adversely affect our business, financial condition, and operations.

Item 1A, Risk Factors, 10-K Mar 2, 2026

Macroeconomic, geopolitical, and public health events, and the resulting supply chain disruptions and inflationary pressures, could adversely affect our business, financial condition, and results of operations.

Item 1A, Risk Factors, 10-K Mar 2, 2026

CIFR Cipher Digital Inc.

9 paragraphs

• delays, disruptions or other failures in the HPC data center infrastructure supply chain;

Item 1A, Risk Factors, 10-K Feb 24, 2026

… We may experience disruptions to our business operations resulting from delays in construction and obtaining necessary equipment in a timely fashion due to global supply chain delays caused by geopolitical unrest, global pandemics, or other factors. Global supply logistics have …

Item 7, MD&A, 10-K Feb 24, 2026

GLXY Galaxy Digital Inc.

9 paragraphs

To mitigate supply chain risks, we may elect to pre-purchase or stockpile certain critical equipment. If projects are delayed, modified or canceled, such pre-purchased equipment may become obsolete, require storage at additional cost, or otherwise result in losses.

Item 1A, Risk Factors, 10-K Feb 26, 2026

In addition, delays in development, cost overruns, inflation, commodity price volatility, supply chain disruptions or other unforeseen circumstances could increase our capital requirements beyond our current expectations. Failure to accurately estimate project costs, timelines or capital expenditures may result in …

Item 1A, Risk Factors, 10-K Feb 26, 2026

TRON Tron Inc.

8 paragraphs

Disruptions in our supply chain for materials and components and the resulting increase in equipment and logistics costs could adversely affect our financial performance.

Item 1A, Risk Factors, 10-K Mar 25, 2026

Disruptions in the Company’s manufacturing operations or supply chain due to political instability, civil unrest, or disease could adversely affect the Company’s toy and souvenir business, financial position, sales, and results of operations.

Item 1A, Risk Factors, 10-K Mar 25, 2026
Show all 32 companies' quotes

MARA MARA Holdings, Inc.

7 paragraphs

• We face risks related to technological obsolescence, vulnerability of the global supply chain for cryptocurrency, AI and HPC hardware, potential trade restrictions and difficulty in obtaining new hardware, which may have a material adverse effect on our business;

Item 1A, Risk Factors, 10-K Mar 2, 2026

We face risks related to technological obsolescence, vulnerability of the global supply chain for cryptocurrency, AI and HPC hardware, potential trade restrictions and difficulty in obtaining new hardware, which may have a material adverse effect on our business.

Item 1A, Risk Factors, 10-K Mar 2, 2026

CLSK CLEANSPARK, INC.

6 paragraphs

There are risks related to technological obsolescence, the vulnerability of the global supply chain for cryptocurrency hardware disruption, potential trade restrictions and difficulty in obtaining new hardware which may have a negative effect on our business.

Item 1A, Risk Factors, 10-K Nov 25, 2025

• our mining operations are subject to risks of technological obsolescence, reliance on a vulnerable global supply chain for cryptocurrency hardware, potential trade restrictions and difficulty in obtaining new hardware, each of which could materially impact our business and increase our costs; and

Item 1A, Risk Factors, 10-K Nov 25, 2025

HSDT Solana Co

5 paragraphs

… Moreover, the imposition of tariffs on foreign goods could impact our supply chain leading to fewer suppliers in the marketplace or make it more difficult or expensive to import components or parts needed for our medical devices

Item 1A, Risk Factors, 10-K Mar 31, 2026

… Global economic conditions in recent years have been volatile and disruptive due a number of factors such as geopolitical conflicts including those in Ukraine and in the Middle East, disruptions in the banking system and financial markets, supply chain disruptions …

Item 1A, Risk Factors, 10-K Mar 31, 2026

HUT Hut 8 Corp.

5 paragraphs

supply chain and logistical issues, including tariff and inflationary pressures and a lack of availability, increased prices, delays in obtaining building supplies, raw materials, and equipment for data centers, and/or failure of our infrastructure and equipment suppliers to deliver infrastructure and equipment on time and in accordance with agreed upon specifications;

Item 1A, Risk Factors, 10-K Feb 25, 2026

… At the same time, grid interconnection bottlenecks have further constrained access to power and digital infrastructure development, while supply chain disruptions and regulatory constraints have extended lead times for critical infrastructure, including GPUs, ASICs, turbines, generators, and transformers.

Item 1A, Risk Factors, 10-K Feb 25, 2026

BMNR BITMINE IMMERSION TECHNOLOGIES, INC.

4 paragraphs

… Trade policies and tariffs affecting technology supply chains, and other events and circumstances, including political or social instability, natural disasters, pandemics, or disruptions to financial and digital-asset markets, could adversely affect our operations, the value and liquidity of digital …

Item 1A, Risk Factors, 10-K Nov 10, 2026

… These threats are becoming increasingly sophisticated and may involve ransomware, phishing, social engineering, credential theft, distributed denial-of-service attacks, supply chain compromises, and the exploitation of software vulnerabilities, including zero-day exploits. The rapid development and deployment of artificial …

Item 1A, Risk Factors, 10-K Nov 10, 2026

ABTC American Bitcoin Corp.

3 paragraphs

… At the same time, supply chain disruptions and regulatory constraints have extended lead times for critical infrastructure, including Bitcoin miners, generators, and transformers. Grid interconnection bottlenecks have further constrained access to power and Bitcoin mining infrastructure development. In this evolving …

Item 1A, Risk Factors, 10-K Mar 27, 2026

… For example, tariffs that are, or may in the future be, imposed by the United States on imports from certain countries and current or potential counter-tariffs in response, could lead to increased costs and supply chain disruptions. Penalties for …

Item 1A, Risk Factors, 10-K Mar 27, 2026

FIGR Figure Technology Solutions, Inc.

3 paragraphs

In particular, markets in the United States or abroad have been and may in the future be affected by the level and volatility of interest rates, availability and market conditions of financing, recessionary pressures, inflation, supply chain disruptions, consumer spending …

Item 1A, Risk Factors, 10-K Mar 16, 2026

… lead to macroeconomic effects, including volatility in commodity prices and the supply of energy resources, instability in financial markets, supply chain interruptions, political and social instability, as well as an increase in cyberattacks and espionage. Also, any sudden or prolonged …

Item 1A, Risk Factors, 10-K Mar 16, 2026

GME GameStop Corp.

3 paragraphs

Interruptions to our supply chain or the supply chain of our suppliers may adversely affect our business.

Item 1A, Risk Factors, 10-K Mar 24, 2026

Such events can adversely affect our workforce and prevent employees and customers from reaching our stores, logistics facilities and other properties and can disrupt or disable portions of our supply chain, distribution network and refurbishment operations. They can also affect …

Item 1A, Risk Factors, 10-K Mar 24, 2026

LITS Lite Strategy, Inc.

3 paragraphs

… capital markets are currently experiencing extreme volatility and disruption following recent government shutdowns, tariffs and trade disputes with other countries, inflation and high interest rates, supply chain disruptions and geopolitical tensions, including the US and EU sanctions on Russian oil …

Item 1A, Risk Factors, 10-K Sep 28, 2026

… Additionally, as in the U.S., post-approval regulatory requirements, such as those regarding product manufacture, marketing, or distribution, would apply to any product that is approved in the EU and the entities involved in the supply chain of the …

10-K, 10-K Sep 28, 2026

BKKT Bakkt, Inc.

2 paragraphs

… Some of our clients have experienced a decrease in sales, supply chain disruptions, inventory shortages, and other adverse effects. A decline in activity by consumers of our clients’ products and services for any reason may correspondingly result in lower revenue …

Item 1A, Risk Factors, 10-K Mar 19, 2026

… Also, cyberattacks, including on the supply chain, continue to increase in frequency and magnitude, and we cannot provide assurances that our preventative efforts have been or will be successful.

Item 1A, Risk Factors, 10-K Mar 19, 2026

GEMI Gemini Space Station, Inc.

2 paragraphs

• with respect to hardware used in connection with wallets and blockchain networks generally, there are risks related to technological obsolescence, the vulnerability of the global supply chain and difficulty in obtaining new hardware;

Item 1A, Risk Factors, 10-K Mar 31, 2026

8. Third-party and supply chain risk management processes, including initial vendor due diligence, on-going monitoring, ability to satisfy rigorous contractual obligations, inclusive of cybersecurity risk management standards and timely notification of cyber events.

Item 1A, Risk Factors, 10-K Mar 31, 2026

NAKA Nakamoto Inc.

2 paragraphs

Like pain clinics, the cannabis industry is highly regulated, and laws can vary greatly between jurisdictions. A change in federal laws, state laws, or local ordinances could significantly impact our operations. Negative perceptions or stigmatization could affect the demand for our services and impact our reputation. Supply chain regulation and changes could impact our ability to provide consistent products and services to our clients.

Item 1A, Risk Factors, 10-K Mar 30, 2026

… worms), malware (including as a result of advanced persistent threat intrusions), credential harvesting, personnel misconduct or error, ransomware attacks, supply-chain attacks, software bugs, server malfunctions, or hardware failures, loss of data or other information technology assets, adware, attacks enhanced …

Item 1A, Risk Factors, 10-K Mar 30, 2026

UPXI UPEXI, INC.

2 paragraphs

Our growth will focus on the expansion of our brands portfolio through organic growth and optimization of our supply chain.

10-K, 10-K Sep 17, 2026

July 2023 - The Company notified the buyer of the Infusionz brands and the manufacturing business of the defaults and notified the buyer that all obligations and undertakings to the buyer are terminated. The Company started manufacturing again for brands owned by the Company to ensure there was no interruption to the supply chain of the products.

10-K, 10-K Sep 17, 2026

WULF TERAWULF INC.

2 paragraphs

… However, the success of our HPC hosting services may not develop as anticipated, and may be affected by factors such as the reliability and timing of power supply, supply chain disruption (including local labor availability), the implementation of new tariffs …

Item 1A, Risk Factors, 10-K Feb 27, 2026

… time or within our anticipated cost estimates, if at all, due in part to ongoing challenges to the global supply chain, the implementation of new tariffs and more restrictive trade policies, increased inflation, and changing conditions within the United States …

Item 1A, Risk Factors, 10-K Feb 27, 2026

CRCL Circle Internet Group, Inc.

1 paragraph

Infectious Illness Risk: An outbreak of an infectious illness, such as the COVID-19 pandemic, may adversely impact the economies of many nations and the global economy, and may impact individual issuers and capital markets in ways that cannot be foreseen. An infectious illness outbreak may result in, among other things, closed international borders, prolonged quarantines, supply chain disruptions, market volatility or disruptions and other significant economic, social and political impacts.

Item 8, Financial Statements, 10-K Mar 9, 2026

DJT Trump Media & Technology Group Corp.

1 paragraph

… COVID-19 pandemic, geo-political risks such as the Russian invasion of Ukraine, and actions taken to counter inflation. Supply chain constraints, labor shortages, inflation, and rising interest rates and reduced consumer confidence have caused advertisers in a variety of …

Item 7, MD&A, 10-K Feb 27, 2026

SUIG SUI Group Holdings Ltd.

1 paragraph

4. Supply Chain and Enterprise Solutions: Provenance and authentication solutions track goods transparently, with the goal of ensuring authenticity and reducing fraud. Enterprise blockchain integration supports identity management, record-keeping, and automation.

10-K, 10-K Feb 27, 2026

ASST Strive, Inc.

0 paragraphs

Not mentioned in the latest 10-K.

BTCS BTCS Inc.

0 paragraphs

Not mentioned in the latest 10-K.

DFDV DeFi Development Corp.

0 paragraphs

Not mentioned in the latest 10-K.

EXOD Exodus Movement, Inc.

0 paragraphs

Not mentioned in the latest 10-K.

FWDI Forward Industries, Inc.

0 paragraphs

Not mentioned in the latest 10-K.

HYPD HYPERION DEFI, INC.

0 paragraphs

Not mentioned in the latest 10-K.

MSTR Strategy Inc

0 paragraphs

Not mentioned in the latest 10-K.

SBET Sharplink, Inc.

0 paragraphs

Not mentioned in the latest 10-K.

XXI Twenty One Capital, Inc.

0 paragraphs

Not mentioned in the latest 10-K.