CryptoStar Corp V.CSTR

Alternate Symbol(s): CSTXF

Technology Information Technology Services

CryptoStar Corp. is a Canada-based self-mining cryptocurrency producer. The Company and its subsidiaries operate in the distributed ledger technology space, utilizing specialized equipment (miners) to perform computationally intensive cryptographic operations to validate transactions on the Blockchain (mining), receiving digital currencies (primarily Bitcoin). The Company operates through three segments: self-mining, hosting and miner sales. The Company is the supplier of graphics processing unit (GPU) and Australian securities and investments commission (ASIC) miners & hosting solutions worldwide. The Company also provides equipment hosting services to customers worldwide, for which services the Company receives hosting fees, as well as sells miners to customers. The Company operates data centers in the United States and Canada. Its wholly owned subsidiaries include CryptoStar Holdings Inc., CryptoStar USA, Inc., and Neuro Digital Inc.

TSXV:CSTR - Post by User

CryptoStar Corp

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Comment by McLucason Nov 27, 2018 2:49pm

163 Views

Post# 29029064

RE:$9.1M Income from Mining Digital $ 3Months End June 30th

SokoHiGrade wrote: Pretty Decent...Making Money....

$28.4 Million in Total Assets of Which $25.8M is Equipment

$28.4 Million / 209M Shares O/S = $0.14 Per Share NAV

Excellent Leverage to BTC Buying Shares @ this Oversold Juncture with M Cap @ $4M

The company has a net loss of more than -$2 million after the deduction of the cost of mining, maintenance, and other expenses. They will need to raise more money or sell of their assets to stay in business.

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