Bitzero

Recent results are dominated by self-mining, which is inherently volatile with respect to BTC price, network difficulty, and curtailment, leading to low visibility. TTM revenue through June 30, 2026 is ~30.9 million dollars, but quarterly swings are material and gross margins are low single-digit.

Predictability would rise materially once long-term AI/HPC leases are executed and power is energized. Today, the business remains transitionary and dependent on commodity-like mining economics.