Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
IOIONDthis companyIonic Digital Inc. Class A	$63.15	-9.49×	4.33×	16.63×	679.48×	-46.2%	37.8%	-44.8%	-175.2%	-45.6%	-9.2%	-4.6%	0×	-12.76×	0×	5×	0.0%	—	—	2	B-
BGDEBig Digital Energy, Inc.	$3.24	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
BMNRBitmine Immersion Technologies, Inc.	$19.12	32.07×	1.21×	1,727.46×	22.67×	-92.9%	5.1%	7288.1%	5719.1%	4.0%	4.0%	-0.0%	0×	-1.16×	1,813.11×	51.5×	0.0%	3	225.42	2	B-
BTBTBit Digital, Inc.	$0.76	-6.1×	6.73×	42.92×	-246.86×	-127.2%	21.4%	-49.8%	-70.7%	-11.1%	-5.0%	-11.8%	0.19×	-0.6×	-18.3×	6.36×	0.0%	2	-0.79	1	C-
BTGOBitGo Holdings, Inc.	$4.96	-138.46×	6.56×	0.13×	-228.77×	2321.9%	1.2%	-0.1%	-0.1%	-4.7%	-2.7%	0.2%	0.02×	11.54×	-1.29×	1.07×	0.0%	4	4.41	2	C+
CIFRCipher Mining Inc.	$6.98	-6.87×	6.99×	25.15×	-13.21×	-297.8%	28.4%	-150.7%	-367.2%	-102.1%	-10.3%	-12.4%	3.44×	-3.64×	-9.23×	3.79×	0.0%	4	0.64	1	C-
Peer median	—	-6.48×	6.65×	34.04×	-120.99×	-110.0%	13.3%	-25.0%	-35.4%	-7.9%	-3.9%	-5.9%	0.1×	-0.88×	-5.26×	5.08×	0.0%	4	2.53	2	—