September 2026
Largest Crypto Mining Public Companies in Canada
Benchmark revenue and EBITDA valuation multiples for public comps like
Bitfarms, HIVE Digital Technologies, DMG Blockchain Solutions and Spirit Blockchain Capital.
 | Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain. | -- | -- | $1.7B | $1.8B | 8.0x | 63.8x | ||
| HIVE Digital Technologies Ltd is in the business of providing infrastructure solutions in the blockchain industry. It focuses on the mining and sale of digital currencies. Its geographical segments include Canada, Sweden, Iceland, Switzerland, and Bermuda, out of which the majority of the revenue comes from Bermuda. | $3 | -22% | $835M | $995M | 3.3x | 36.6x | ||
| DMG Blockchain Solutions Inc is a full-service blockchain and cryptocurrency company. It manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. It is also involved in server hosting and other similar service arrangements for the transaction verification services business and software solutions. The company engages in the research and development of technology solutions related to the transaction verification business. It derives maximum revenue from digital currency mining, and the rest from software licensing, the sale of mining equipment, set-up and hosting fees, and others. | $0 | +14% | $81M | $93M | 2.7x | 16.7x | ||
| Spirit Blockchain Capital Inc is Redefining the Future of Wealth Management: Digital Assets, Tokenization, and Next-Generation Investing. The Company is a blockchain company providing capital to blockchain ecosystem participants and blockchain research and advisory services. The Company aims to supply capital to the blockchain ecosystem through lending, staking, streaming and mining. | $0 | -- | $3M | $3M | 461.7x | (0.8x) | ||
| Median | $0 | -4% | $458M | $544M | 5.7x | 26.6x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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