Bitcoin miner with near-zero debt, AI ambitions and 70% growth in the last month
It has risen more than 70% in a single month, yet most investors still ignore it. It has a market capitalization of under $1 billion, uses only renewable energy, has some of the lowest Bitcoin mining costs in the industry, and has just started expanding into AI computing centers. Despite extreme volatility and short-term losses, it offers an unusual combination of sustainability, technological potential and financial discipline. Is it just another "crypto toy" for speculators, or a smart bet for investors who can read between the lines?
Top points of analysis
70% growth in a single month: The company's stock shot up by more than two-thirds during July 2025 - yet its market cap is still below $1 billion.
Some of the lowest mining costs in the industry: The cost to mine one Bitcoin is below 10,000 USDwhich makes the company extremely competitive even with the price volatility of BTC.
Almost zero debt and solid liquidity: Debt-to-equity ratio below 0.05 a current ratio of 2.6× mean high…