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Compare. BTBT, BTDR, CORZ and BGDE side by side on 8 operating figures and 26 filing figures

Operations

Definitions

Hashrate, realized

read on different dates

BTBT
BTDR
CORZ
BGDE
Not stated
MSTR
Not stated

Fleet efficiency

read on different dates

BTBT
BTDR
CORZ
Not stated
BGDE
Not stated
MSTR
Not stated

Cost per bitcoin with depreciation

BTBT
not stated
BTDR
not stated
CORZ
not stated
BGDE
not stated
MSTR
not stated

Direct cost per bitcoin

BTBT
not stated
BTDR
not stated
CORZ
over a year old
BGDE
not stated
MSTR
not stated

Bitcoin held

as of Jun 30, 2026

BTBT
BTDR
read as of August 2026, not Jun 30, 2026
CORZ
BGDE
Not stated
MSTR
Not stated

EV per EH/s

as of Sep 4, 2026

BTBT
Not stated
BTDR
CORZ
BGDE
Not stated
MSTR
Not stated

Revenue per MW, annualized

as of Jun 30, 2026

BTBT
Not stated
BTDR
CORZ
BGDE
Not stated
MSTR
Not stated

Months of liquidity

read on different dates

BTBT
Not stated
BTDR
Not stated
CORZ
Not comparable
BGDE
Not stated
MSTR
Not stated

Solid: as reported. Hatched: computed from sourced inputs. Not comparable: defined differently from the peers. A bar measures a figure against the others in its row from zero; a figure off its row's footing gets none, and a cost per bitcoin gets none, since each is the company's own definition for its own period. The pass named in a column's head read the other rows; The cost per bitcoin is read from the filings and releases themselves, as of Oct 14, 2026. Not stated means no filing, release or deck we read gives one, and over a year old means the newest one on file is too old to show, so its figure and period are given in words.

Financial statements

Definitions

Revenue

Net income (loss)

Cash and cash equivalents

Digital assets at fair value

BTDR
Not tagged

Digital asset units held

BTDR
Not tagged
CORZ
Not tagged
BGDE
Not tagged

Shares outstanding

MSTR
Not tagged

Total assets

Operating income (loss)

Diluted earnings per share

Total liabilities

Stockholders' equity

Long-term debt

Property, plant and equipment, net

Cost of revenue

Depreciation and amortization

BTDR
Not tagged

General and administrative expense

BTDR
Not tagged

Cash from operations

Purchases of property and equipment

Dilution, one year (share count change)

derived

BGDE
Not comparable
MSTR
Not tagged

Public float

BTDR
Not tagged

Income tax expense (benefit)

BTDR
Not tagged

Cash from investing activities

BTDR
Not tagged

Cash from financing activities

BTDR
Not tagged

Cash flow after property and equipment purchases

derived

Operating margin

derived

Net margin

derived

The 26 filing metrics, straight from XBRL; a chip marks a cell whose period basis departs from the rest of its row, and only the cells on the row's basis get a bar.

How this table is built

Operating figures come from the research pass, except the cost per bitcoin, which is read from the stored cost rows, and a bitcoin held the pass has no count for, which is read from the stored bitcoin held row; financial-statement figures come straight from XBRL. Nothing is averaged across companies that define a figure differently. Data as of Oct 14, 2026. 3 of the 8 operational rows put figures of different dates side by side, the widest 7 months apart. A cell that departs from the date the rest of its row shares carries its own; a row where no two cells share a date says so instead. The research pass covers 3 of the 5 columns; BGDE and MSTR are not covered. A bar measures a figure against the other chosen companies in its row, from zero; a line is the company's own series where one ends at the figure.

Selection

2 to 4 companies; each chip adds or takes out one, and 4 is the maximum.
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