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Company profile: CryptoStar

1.1 - Company Overview

CryptoStar Logo

CryptoStar

Headquarter: Canada
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of cryptocurrency mining services and infrastructure, operating data centers in the USA and Canada, supplying GPU and ASIC miners, and offering hosting solutions to clients worldwide. Also engages in self-mining to produce cryptocurrencies at low cost in North America.

Products and services

  • Self-Mining Cryptocurrency Production: Produces cryptocurrencies via North American-scale, company-operated mining, leveraging USA and Canada data centers and planned Alberta capacity to target lowest-cost production
  • GPU and ASIC Miners & Hosting Systems: Supplies GPU and ASIC miners and worldwide hosting systems to clients as a major supplier, with enterprise-grade capacity supporting cryptocurrency mining
  • Data Center Operations: Operates scalable cryptocurrency mining data centers in USA and Canada, with expansion plans including an Alberta, Canada facility slated for dedicated capacity.

Key contacts

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Financial details

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1.2 - Competitors and similar companies to CryptoStar

CoinAlpha Logo

CoinAlpha

HQ: United States Website
  • Description: Provider of quant and algorithmic market-making software and token liquidity solutions for digital assets. Offers Hummingbot, an open-source crypto trading bot for algorithmic strategies and liquidity provision; Hummingbot Miner, a platform for token issuer–sponsored liquidity campaigns; and market-making services to help projects manage token liquidity.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full CoinAlpha company profile →
Tactic Logo

Tactic

HQ: United States Website
  • Description: Provider of a crypto accounting platform that helps businesses manage finances cleanly and compliantly, offering a clear view of treasury and a robust transaction audit trail in an accounting-friendly format. Integrates with custody solutions such as Gnosis Safe and traditional financial software like QuickBooks.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Tactic company profile →
MyHbarWallet Logo

MyHbarWallet

HQ: United States Website
  • Description: Provider of an open-source, browser-based wallet for HBAR on the Hedera Hashgraph network.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full MyHbarWallet company profile →
Onramp Invest Logo

Onramp Invest

HQ: United States Website
  • Description: Provider of a digital crypto-asset management platform for financial advisors that connects traditional and digital asset infrastructures to invest, transfer, and build multi-asset portfolios in real time. Offers CRM integration, advisory fee billing, model trading, AdvisorLite and AdvisorPro, access to alternative assets via Securitize Advantage, Onramp Academy, and integrations with Orion, Advyzon, and Wealthbox.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Onramp Invest company profile →
Bluesky Digital Assets Logo

Bluesky Digital Assets

HQ: Canada Website
  • Description: Provider of digital asset solutions including digital currency mining using proprietary technology, AI and blockchain solutions development, and dedicated R&D. Offers BlueskyINTEL, a web engagement platform leveraging AI and blockchain for digital solutions. Focus areas include Digital Mining, E-sports, Fintech, R&D, and Artificial Intelligence.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Bluesky Digital Assets company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for CryptoStar

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Buyer group 1: ████████ ████████

●● companies
Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to CryptoStar

2.2 - Growth funds investing in similar companies to CryptoStar

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4 - Top valuation comps for CryptoStar

4.2 - Public trading comparable groups for CryptoStar

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4.3 - M&A Transactions similar to CryptoStar

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About CryptoStar

What does CryptoStar do?

CryptoStar is a provider of cryptocurrency mining services and infrastructure, operating data centers in the USA and Canada, supplying GPU and ASIC miners, and offering hosting solutions to clients worldwide. Also engages in self-mining to produce cryptocurrencies at low cost in North America.

Who are CryptoStar's competitors?

CryptoStar's competitors and similar companies include CoinAlpha, Tactic, MyHbarWallet, Onramp Invest, and Bluesky Digital Assets.

Where is CryptoStar headquartered?

CryptoStar is headquartered in Canada.

How many employees does CryptoStar have?

CryptoStar has 1,000 employees 🔒.

When was CryptoStar founded?

CryptoStar was founded in 2010 🔒.

What sector and industry vertical is CryptoStar in?

CryptoStar is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for CryptoStar

Who are the top strategic acquirers in CryptoStar's sector and industry

Top strategic M&A buyers and acquirers in CryptoStar's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for CryptoStar?

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Financial Investors investing in CryptoStar's sector and industry vertical

Which are the top PE firms investing in CryptoStar's sector and industry vertical?

Top PE firms investing in CryptoStar's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in CryptoStar's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in CryptoStar's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in CryptoStar's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to CryptoStar include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in CryptoStar's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for CryptoStar?

The key public trading comparables and valuation benchmarks for CryptoStar include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for CryptoStar for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for CryptoStar with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in CryptoStar's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for CryptoStar with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in CryptoStar's' sector and industry vertical?

Access recent funding rounds and capital raises in CryptoStar's sector and industry vertical including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors and valuations.

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