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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Strategy | United States of America | BI & Analytics Software, Productivity Software, Blockchain & Crypto, Asset Management | $138 | $58.8B | 124.5x | -20.3x |
| Coinbase | United States of America | Blockchain & Crypto, Electronic Trading, Investment Brokerage, Wealth Solutions | $185 | $44.8B | 6.1x | 15.2x |
| Block | United States of America | Blockchain & Crypto, FinTech Infrastructure, Payment Service Providers, Payments POS, BNPL | $64 | $33.7B | 1.4x | 9.8x |
| Circle | United States of America | Blockchain & Crypto | $96 | $21.4B | 7.9x | 39.3x |
| IREN | United States of America | Blockchain & Crypto | $41 | $14.3B | 17.0x | 32.6x |
| Cipher Mining | United States of America | Blockchain & Crypto | $16 | $8.5B | 33.8x | 70.0x |
| TeraWulf | United States of America | Blockchain & Crypto | $16 | $7.1B | 39.5x | 169.1x |
| Riot Platforms | United States of America | Blockchain & Crypto | $16 | $6.6B | 10.1x | 27.8x |
| MARA Holdings | United States of America | Blockchain & Crypto | $9 | $6.4B | 6.6x | 23.7x |
| Hut 8 | United States of America | Blockchain & Crypto | $53 | $6.2B | 26.0x | 87.4x |
| Core Scientific | United States of America | AI Chips & Hardware, Data Centers, Blockchain & Crypto | $16 | $5.8B | 15.4x | 90.0x |
| Bullish | United States of America | Blockchain & Crypto | $31 | $3.8B | 13.3x | 45.2x |
| Cleanspark | United States of America | Blockchain & Crypto | $11 | $3.2B | 4.0x | 8.8x |
| Bitdeer | United States of America | Blockchain & Crypto, Data Centers | $8 | $2.7B | 4.6x | 43.6x |
| American Bitcoin | United States of America | Blockchain & Crypto | $1 | $1.1B | 6.1x | -23.9x |
| Antalpha Platform Holding | United States of America | Blockchain & Crypto | $9 | $1.1B | 13.4x | 57.1x |
| Coincheck Group | United States of America | Blockchain & Crypto | $2 | $557M | 0.2x | 20.1x |
| Prairie Operating Co. | United States of America | Blockchain & Crypto | $2 | $525M | 1.9x | 3.1x |
| Bit Digital | United States of America | Blockchain & Crypto | $2 | $440M | 3.9x | 2.8x |
| BitFuFu | United States of America | Blockchain & Crypto | $2 | $402M | 0.8x | 5.4x |
| Exodus Movement | United States of America | Blockchain & Crypto | $10 | $256M | 2.1x | 15.6x |
| Wewards | United States of America | Sales & Marketing Automation Software, Blockchain & Crypto | $2 | $237M | N/A | N/A |
| ALT5 Sigma | United States of America | Financial Services Software, Blockchain & Crypto, FinTech Infrastructure | $2 | $225M | N/A | N/A |
| Amber International | United States of America | Blockchain & Crypto | $3 | $202M | 2.9x | 25.2x |
| Bakkt | United States of America | Blockchain & Crypto, Loyalty & Coupons | $10 | $195M | 0.1x | -9.3x |
| Fold Holdings | United States of America | Blockchain & Crypto | $1 | $148M | 4.5x | -5.9x |
| The9 | United States of America | Blockchain & Crypto | $6 | $103M | N/A | N/A |
| Soluna Holdings | United States of America | Blockchain & Crypto | $1 | $61.2M | 2.0x | N/A |
| Bitcoin Depot | United States of America | Blockchain & Crypto, Payments Infrastructure | $4 | $60.1M | 0.1x | 1.1x |
| Greenidge Generation | United States of America | Blockchain & Crypto | $1 | $58.1M | N/A | N/A |
| Surgepays | United States of America | Telecom Service Providers, Blockchain & Crypto | $1 | $29.6M | 0.5x | -1.3x |
| Mawson Infrastructure Group | United States of America | Blockchain & Crypto | $3 | $28.4M | N/A | N/A |
| Hyperion DeFi | United States of America | Blockchain & Crypto | $3 | $27.8M | 34.7x | N/A |
| Metalpha Technology Hldgs | United States of America | Blockchain & Crypto | $1 | $18.3M | N/A | N/A |
| BTCS | United States of America | Investment Brokerage, Electronic Trading, Blockchain & Crypto | $2 | $12.5M | 0.9x | N/A |
| Bit Origin | United States of America | Blockchain & Crypto | $3 | $9.4M | N/A | N/A |
| BTC Digital | United States of America | Blockchain & Crypto, Electronic Equipment | $1 | $5.5M | N/A | N/A |
| Arax Holdings | United States of America | Blockchain & Crypto | $0 | $2.4M | N/A | N/A |
| AGM Group Holdings | United States of America | Blockchain & Crypto, Electronic Equipment | $1 | $1.9M | N/A | N/A |
| Phunware | United States of America | Blockchain & Crypto, Loyalty & Coupons | $2 | -$67.0M | -28.3x | 4.2x |
| Ebang | United States of America | Blockchain & Crypto, Electronic Equipment | $2 | -$197M | N/A | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of March 6, 2026. Financial data powered by Morningstar and FactSet.
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