Treasury Qualification
Treasury classificationBitcoin Miner with Strategic Holdings
Qualification tierCore Directory
Directory statusIncluded
Ownership statusCompany-owned; portion pledged or otherwise restricted
Strategic intent
The company retains mined Bitcoin as a strategic balance-sheet asset while operating Bitcoin-mining and energy infrastructure.
Bitcoin Treasury
BTC counted in directory13,470 BTC
Estimated value$858,052,470BTC price retrieved: July 28, 2026 at 19:53 UTC
Holdings as ofMay 31, 2026
Average purchase priceNot disclosed
Ownership and Restrictions
Component figures are shown only when separately disclosed. “Not separately disclosed” does not imply zero.
Total BTC reported13,470
Unencumbered / unrestricted11,910
Pledged as collateralNot separately disclosed
Loaned to third parties0
Subsidiary-owned0
Other restricted / receivable1,560
Latest Financial Results
Reporting period: Three months ended March 31, 2026
Revenue$136,408,000
Operating income/loss$-345,679,000
Net income/loss$-378,343,000
Cash$260,300,000
Management
- Chief executive officer
- Matt Schultz
- Chief financial officer
- Gary A. Vecchiarelli
- Executive chair
- Matt Schultz (Chairman)