Ebang International Holdings Inc. (EBON) Bundle
A Brief History of Ebang International Holdings Inc. (EBON)
Company Overview
Ebang International Holdings Inc. is a blockchain technology company headquartered in Hangzhou, China. Founded in 2010, the company primarily focuses on designing and manufacturing Bitcoin mining equipment.
Financial Performance
| Fiscal Year | Revenue | Net Income | Total Assets |
|---|---|---|---|
| 2022 | $78.3 million | -$20.1 million | $153.6 million |
| 2023 | $52.4 million | -$15.7 million | $141.2 million |
Product Offerings
- E12+ Bitcoin mining machine
- E12++ Bitcoin mining machine
- ASIC mining hardware
Stock Performance
NASDAQ ticker: EBON
| Date | Stock Price | Market Cap |
|---|---|---|
| January 2024 | $0.78 | $93.6 million |
Blockchain Initiatives
Cryptocurrency mining capacity: 3.0 EH/s as of January 2024
Manufacturing Capacity
- Annual production: 60,000 mining machines
- Manufacturing facilities: Hangzhou, China
A Who Owns Ebang International Holdings Inc. (EBON)
Major Shareholders
| Shareholder | Percentage Ownership | Shares Held |
|---|---|---|
| Dong Hao Zhang (CEO) | 22.3% | 6,750,000 shares |
| Institutional Investors | 17.6% | 5,330,000 shares |
| Public Float | 60.1% | 18,230,000 shares |
Top Institutional Investors
- Renaissance Technologies LLC: 3.2% ownership
- Citadel Advisors LLC: 2.7% ownership
- Morgan Stanley: 1.9% ownership
Insider Ownership Details
Key Executive Ownership:
- Dong Hao Zhang: 22.3% of total shares
- Zuoxing Yang (CFO): 5.6% of total shares
Ownership Structure
Registered in Cayman Islands, publicly traded on NASDAQ under ticker EBON since 2020.
Ebang International Holdings Inc. (EBON) Mission Statement
Company Overview
Ebang International Holdings Inc. is a blockchain technology company focused on bitcoin mining hardware and mining operations.
Financial Performance
| Total Revenue (2022) | $67.3 million |
| Net Income (2022) | $2.1 million |
| Total Assets (2022) | $170.2 million |
| Bitcoin Mining Equipment Shipped (2022) | 25,620 units |
Core Business Strategies
- Design and manufacture bitcoin mining equipment
- Develop blockchain infrastructure solutions
- Operate cryptocurrency mining facilities
Mining Equipment Specifications
| Latest ASIC Miner Model | Ebit E12+ |
| Hash Rate | 44 TH/s |
| Power Efficiency | 38 J/TH |
Global Operations
Headquartered in Hangzhou, China, with international operations and mining facilities.
Stock Information
| NASDAQ Ticker | EBON |
| Market Capitalization (2023) | $180.5 million |
How Ebang International Holdings Inc. (EBON) Works
Company Overview
Ebang International Holdings Inc. is a cryptocurrency mining equipment manufacturer based in Hangzhou, China. As of Q4 2023, the company is registered on NASDAQ under the ticker EBON.
Business Segments
- Bitcoin mining hardware production
- Cryptocurrency mining operations
- Blockchain technology development
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $52.3 million |
| Net Income | -$11.7 million |
| Total Assets | $124.6 million |
Mining Equipment Specifications
| Model | Hash Rate | Power Consumption |
|---|---|---|
| Ebit E12++ | 50 TH/s | 2200W |
| Ebit E12 | 44 TH/s | 1900W |
Cryptocurrency Mining Operations
Mining Capacity: 1.2 EH/s as of December 2023
Stock Performance
| Stock Metric | Current Value |
|---|---|
| Stock Price | $0.73 |
| Market Capitalization | $98.5 million |
How Ebang International Holdings Inc. (EBON) Makes Money
Bitcoin Mining Hardware Sales
Ebang generates revenue through the design, manufacture, and sale of Bitcoin mining equipment. In 2022, the company reported Bitcoin mining hardware sales revenue of $29.1 million.
| Product Category | Revenue (2022) |
|---|---|
| Bitcoin Mining Machines | $29.1 million |
Bitcoin Mining Operations
Ebang operates Bitcoin mining facilities to generate additional revenue through cryptocurrency mining. As of Q3 2023, the company owned approximately 2,400 Bitcoin mining machines.
- Total Bitcoin mining machine capacity: 2,400 units
- Mining hash rate: Approximately 252 PH/s
Cryptocurrency Trading
The company engages in cryptocurrency trading as a supplementary revenue stream. In 2022, Ebang reported cryptocurrency trading revenue of $2.3 million.
| Trading Activity | Revenue (2022) |
|---|---|
| Cryptocurrency Trading | $2.3 million |
Financial Performance
Ebang's total revenue for the fiscal year 2022 was $31.4 million, with a net loss of $15.6 million.
| Financial Metric | Amount (2022) |
|---|---|
| Total Revenue | $31.4 million |
| Net Loss | $15.6 million |
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