Clear leader
50 companies value 77 bn revenue 1.2 bn margin -41x free cash flow -1.8 bn avg. score 0.8
MSTR holds 67.7% of the group's value, 4.0x the runner-up
| Rank | Ticker | Company | Share | Value | Revenue | Margin | FCF | 5 years | FCF/px | Yield | What it does · why it is here |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | MSTR | Strategy (MicroStrategy) United States · score 0.4 | 68% | 52 bn | 0.5 bn | -61x | -0.0 bn | -0.1% | — | Bitcoin treasury and analytics software · World's largest corporate bitcoin treasury; the stock works as leveraged bitcoin | |
| 2 | BMNR | BITMINE IMMERSION TECHNOLOGIES, INC. United States · score 0.0 | 17% | 13 bn | 0.1 bn | -142x | -0.3 bn | -2.3% | — | Corporate Ethereum treasury · Connecticut — revenue of $61m | |
| 3 | XXI | Twenty One Capital, Inc. United States · score 0.8 | 4% | 3.1 bn | — | — | -0.0 bn | — | -0.2% | — | Bitcoin treasury · Texas |
| 4 | PURR | Hyperliquid Strategies Inc United States · score 2.5 | 3% | 2.5 bn | 0.0 bn | 32x | -0.0 bn | — | -0.8% | — | Digital asset treasury in Hyperliquid · New York — revenue of $9m |
| 5 | SBET | Sharplink, Inc. United States · score 0.0 | 2% | 1.6 bn | 0.1 bn | -34x | -0.0 bn | -2.0% | — | Ether treasury, with staking yield · Florida — revenue of $50m | |
| 6 | FWDI | Forward Industries, Inc. United States · score 0.0 | 1% | 0.5 bn | 0.1 bn | -21x | -0.0 bn | -3.7% | — | Product design and contract engineering solutions · Texas — revenue of $53m | |
| 7 | TRON | Tron Inc. United States · score 2.0 | 1% | 0.5 bn | 0.0 bn | 135.6% | 0.0 bn | -0.4% | — | Blockchain-integrated corporate treasury · Florida — revenue of $5m | |
| 8 | BTBT | Bit Digital, Inc United States · score 0.0 | 0% | 0.3 bn | 0.1 bn | -237.2% | -0.8 bn | -233.1% | 0.3% | Digital asset holding company registered in the Cayman Islands · New York — revenue of $123m | |
| 9 | ORBS | Eightco Holdings Inc. United States · score 0.0 | 0% | 0.3 bn | 0.0 bn | -13x | -0.0 bn | -6.6% | — | Authentication and digital trust for the AI era · Pennsylvania — revenue of $25m | |
| 10 | CHAD | DeFi Development Corp. United States · score 0.0 | 0% | 0.3 bn | 0.0 bn | -13x | -0.0 bn | -10.0% | — | Digital asset treasury in the Solana ecosystem · Florida — revenue of $15m | |
| 11 | SVIA | Silvia, Inc. United States · score 0.0 | 0% | 0.3 bn | 0.0 bn | -1641x | -0.0 bn | — | -7.1% | — | Bitcoin treasury and AI agents for personal finance · New York |
| 12 | USDE | StableCoinX Inc. United States · score 3.6 | 0% | 0.3 bn | — | — | — | — | — | — | Treasury and infrastructure software for stablecoins · Texas |
| 13 | CYPH | CYPHERPUNK TECHNOLOGIES INC. United States · score 0.3 | 0% | 0.3 bn | — | — | -0.0 bn | -7.7% | — | Digital asset treasury and antibodies for cachexia · Massachusetts | |
| 14 | TONX | TON Strategy Co United States · score 0.0 | 0% | 0.2 bn | 0.0 bn | -576.6% | -0.0 bn | -16.2% | — | Digital asset treasury in The Open Network ecosystem · Nevada — revenue of $27m | |
| 15 | BNC | CEA Industries Inc. United States · score 4.7 | 0% | 0.2 bn | 0.0 bn | 416.7% | — | — | — | Digital asset treasury focused on the BNB token · Colorado | |
| 16 | USBC | USBC, Inc. United States · score 0.0 | 0% | 0.2 bn | — | — | -0.0 bn | -6.0% | — | Digital financial technology · Nevada | |
| 17 | NAKA | Nakamoto Inc. United States · score 0.0 | 0% | 0.1 bn | 0.0 bn | -11x | -0.1 bn | -36.5% | — | Global portfolio of bitcoin-native companies · Tennessee — revenue of $39m | |
| 18 | UPXI | UPEXI, INC. United States · score 0.0 | 0% | 0.1 bn | 0.0 bn | -984.3% | -0.0 bn | -28.1% | — | Solana treasury, with staking · Florida — revenue of $25m | |
| 19 | AIFC | AI Financial Corp United States · score 0.0 | 0% | 0.1 bn | 0.0 bn | -42x | -0.0 bn | -37.6% | — | WLFI token treasury and crypto payments and trading infrastructure · Nevada — revenue of $20m | |
| 20 | HSDT | Solana Co United States · score 0.0 | 0% | 0.1 bn | 0.0 bn | -13x | -0.0 bn | -19.9% | — | Digital asset treasury in Solana tokens · Pennsylvania — revenue of $12m | |
| 21 | CNTN | Canton Strategic Holdings, Inc. United States · score 0.0 | 0% | 0.1 bn | 0.0 bn | -66x | -0.0 bn | -16.5% | — | Canton Coin treasury and institutional blockchain · New York — revenue of $1m | |
| 22 | SKYA | SkyAI, Inc. United States · score 0.0 | 0% | 0.1 bn | 0.0 bn | -1523x | -0.0 bn | -14.9% | — | Artificial intelligence, successor to a syringe maker · New York | |
| 23 | SUIG | SUI Group Holdings Ltd. United States · score 2.0 | 0% | 0.1 bn | 0.0 bn | — | -0.0 bn | -8.3% | — | Minnesota holding company with a digital asset treasury · Minnesota — revenue of $3m | |
| 24 | EMPD | Empery Digital Inc. United States · score 0.0 | 0% | 0.1 bn | 0.0 bn | -433x | -0.0 bn | -27.4% | — | Digital asset treasury and two-wheeled products · Texas | |
| 25 | VIVO | VivoPower PLC United Kingdom · score 0.0 | 0% | 0.1 bn | 0.0 bn | -210x | -0.0 bn | -9.9% | 0.4% | XRP treasury, alongside sustainable energy and electric vehicle businesses · United Kingdom | |
| 26 | ZOOZ | ZOOZ Strategy Ltd. Israel · score 0.0 | 0% | 0.1 bn | 0.0 bn | -386x | -0.0 bn | -21.8% | — | Flywheel energy storage for fast charging, from Israel · Israel | |
| 27 | AVAT | Avalanche Treasury Corp United States · score 5.0 | 0% | 0.1 bn | — | — | — | — | — | — | Digital asset treasury in AVAX · Delaware |
| 28 | YDKG | Yueda Digital Holding United States · score 4.1 | 0% | 0.0 bn | 0.0 bn | -235.1% | 0.0 bn | 252.1% | — | Digital services, with an operation carried over from China · California — revenue of $37m | |
| 29 | SDEV | Stablecoin Development Corp United States · score 0.0 | 0% | 0.0 bn | 0.0 bn | -12x | -0.0 bn | -29.1% | 11.3% | Digital asset treasury strategy · Florida — revenue of $10m | |
| 30 | SRXH | SRX Global Inc. United States · score 0.0 | 0% | 0.0 bn | 0.0 bn | -254.8% | -0.0 bn | -76.2% | — | AI-driven digital-asset treasury, successor of a pet health and healthcare company · Florida — revenue of $13m | |
| 31 | NXTT | Next Technology Holding Inc. Japan · score 0.0 | 0% | 0.0 bn | 0.0 bn | -26x | 0.0 bn | -41.6% | — | Technical services and bitcoin treasury · Japan — revenue of $12m | |
| 32 | IPST | IP STRATEGY HOLDINGS, INC. United States · score 1.1 | 0% | 0.0 bn | 0.0 bn | — | -0.0 bn | -878.2% | — | IP token (Story network) treasury and craft spirits · Washington — revenue of $11m | |
| 33 | HYPD | HYPERION DEFI, INC. United States · score 1.3 | 0% | 0.0 bn | 0.0 bn | 474.8% | -0.0 bn | -31.5% | — | HYPE token treasury and digital eye care technology · Texas — revenue of $1m | |
| 34 | NA | Nano Labs Ltd China · score 0.0 | 0% | 0.0 bn | 0.0 bn | -814.2% | -0.0 bn | -38.9% | — | Mining and computing chips, from China · China — revenue of $3m | |
| 35 | LITS | Lite Strategy, Inc. United States · score 0.0 | 0% | 0.0 bn | 0.0 bn | — | -0.0 bn | -25.8% | — | Litecoin treasury and non-oncology preclinical programs, formerly oncology · California | |
| 36 | AURE | Aurelion Inc. Hong Kong · score 0.1 | 0% | 0.0 bn | 0.0 bn | -136.7% | -0.0 bn | -16.1% | — | Wealth management and brokerage · Hong Kong — revenue of $2m | |
| 37 | TAOX | TAO Synergies Inc. United States · score 0.0 | 0% | 0.0 bn | 0.0 bn | -22x | -0.0 bn | -25.5% | — | Bryostatin-1 platform for Alzheimer's · New York | |
| 38 | PAPL | Pineapple Financial Inc. Canada · score 0.0 | 0% | 0.0 bn | 0.0 bn | -114.1% | -0.0 bn | -21.4% | — | Mortgage technology and brokerage in Canada · Canada — revenue of $3m | |
| 39 | BNKK | BONK, INC. United States · score 0.0 | 0% | 0.0 bn | 0.0 bn | -23x | -0.0 bn | -259.0% | — | Projects tied to the BONK cryptocurrency ecosystem · Florida — revenue of $4m | |
| 40 | TWAV | TaoWeave, Inc. United States · score 0.0 | 0% | 0.0 bn | 0.0 bn | -272.1% | 0.0 bn | -62.3% | — | TAO token treasury on the Bittensor AI network, with legacy managed network services · Colorado — revenue of $2m | |
| 41 | GNLN | Greenlane Holdings, Inc. United States · score 0.7 | 0% | 0.0 bn | 0.0 bn | — | -0.0 bn | -12x | — | Digital asset treasury in the BERA token · Florida — revenue of $2m | |
| 42 | SLMT | Brera Holdings PLC Ireland · score 5.0 | 0% | 0.0 bn | — | — | — | — | — | — | Solana staking and validation infrastructure · Ireland |
| 43 | APUS | Apimeds Pharmaceuticals US, Inc. United States · score 0.0 | 0% | 0.0 bn | — | — | -0.0 bn | -251.6% | — | Digital asset treasury and a honeybee venom drug for knee osteoarthritis · New Jersey | |
| 44 | ZSTK | ZeroStack Corp. United States · score 2.8 | — | — | 0.0 bn | — | -0.0 bn | — | — | AI-focused asset management and treasury · Texas — revenue of $40m | |
| 45 | ZNB | Zeta Network Group United States · score 0.9 | — | — | 0.0 bn | -555.2% | -0.0 bn | — | — | Bitcoin-centric finance platform: treasury, liquidity and mining compute services · New York — revenue of $28m | |
| 46 | ASST | Strive, Inc. United States · score 0.3 | — | — | 0.0 bn | -110x | -0.1 bn | — | — | Structured finance and institutional asset management · Texas — revenue of $9m | |
| 47 | AVX | AVAX ONE TECHNOLOGY LTD. United States · score 0.7 | — | — | 0.0 bn | -15x | -0.0 bn | — | — | Digital asset treasury in AVAX · Florida — revenue of $7m | |
| 48 | DCX | Digital Currency X Technology Inc. Hong Kong · score 1.2 | — | — | 0.0 bn | 18x | -0.1 bn | — | — | Digital asset management, after exiting electric vehicles · Hong Kong — revenue of $4m | |
| 49 | STKE | SOL Strategies Inc. Canada · score 1.0 | — | — | 0.0 bn | -11x | -0.0 bn | — | — | Solana validators and treasury · Canada — revenue of $3m | |
| 50 | AMOD | ALPHA MODUS HOLDINGS, INC. United States · score 1.7 | — | — | 0.0 bn | — | 0.0 bn | — | — | Bitcoin treasury, with patents on AI analysis of consumer interactions · North Carolina |
Other industries in the same sector
- Sector overview
- Global banks (US) 4 companies
- Payments 7 companies
- International banks 22 companies
- Diversified holding companies 36 companies
- Continental European banks 5 companies
- Asian banks 6 companies
- Investment banks 13 companies
- Exchanges and financial data 12 companies
- Property and casualty insurance 27 companies
- Life insurance and annuities 24 companies
- Alternative assets and private equity 21 companies
- Traditional asset management 22 companies
and 31 industries more
- Insurance brokerage 27 companies
- Regional banks — US South 94 companies
- Regional banks — US Midwest 64 companies
- Brokerage and custody 16 companies
- Regional banks — US Northeast 75 companies
- UK banks 3 companies
- Indian banks 2 companies
- Payments infrastructure and fintech 26 companies
- Consumer credit and cards 18 companies
- Specialty insurance 29 companies
- Listed infrastructure 5 companies
- Custody and asset servicing 3 companies
- Digital and crypto brokerages 14 companies
- Digital banks 8 companies
- Regional banks — US West 50 companies
- Reinsurance 8 companies
- Consumer lending fintech 22 companies
- BDCs (private credit) 50 companies
- Mortgage REITs (mREITs) 40 companies
- Crypto mining 34 companies
- Mortgage origination 11 companies
- Electronic trading platforms 3 companies
- Boutique investment banks 11 companies
- Stablecoins and crypto infrastructure 20 companies
- Title insurance 5 companies
- Cross-border remittances 5 companies
- Auto finance 4 companies
- Latin American fintech 3 companies
- Government-backed mortgage finance 3 companies
- Insurtech 4 companies
- Financial services (diversified) 3 companies
What this is. A catalogue, not a guide. Every industry with stocks listed on the NYSE or NASDAQ, the companies contending for its leadership, what each one does according to its own annual report, and the balance sheet it filed with the SEC.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.