Ebang International Holdings

What Ebang International Holdings does

Ebang International Holdings Inc. is a NASDAQ-listed (ticker: EBON) holding company, incorporated in the United States with primary operations in Hangzhou, China. Founded in 2010, the company operates a diversified technology platform spanning six product lines: ASIC chip designs, cryptocurrency mining operations, fintech platforms, solar energy products, renewable-energy materials (amorphous and nanocrystalline core materials for transformers and new energy motors), and telecommunication products. Its core technical foundation is proprietary application-specific integrated circuit (ASIC) chip design developed under a stated technology-first approach, which historically powered its mining operations and continues to underpin its blockchain infrastructure offerings. The fintech platforms leverage the company's blockchain expertise and emphasize compliance with international regulations.

The company's revenue model combines hardware product sales (ASIC chips and mining hardware), service revenue from fintech and renewable-energy operations, and incidental rental revenue from idle office space. In FY2025, total net revenues were $6.5 million (up 11.4% YoY), with product revenue declining to $793,047 from $1.2 million and service revenue rising to $5.7 million from $4.7 million, driven primarily by the November 2024 acquisition of a renewable energy business. The company remains unprofitable, posting a net loss of $14.2 million in FY2025, narrowed from $20.9 million the prior year, against a $256.8 million asset base. Distribution is conducted through direct B2B enterprise sales channels across offices in the United States (Irving, Texas), Australia (Sydney), Hong Kong, and China (Hangzhou).

The company's strategic posture is one of diversification away from its legacy blockchain/mining core toward renewable energy and advanced materials. In June 2026, a subsidiary won a bid for industrial land in Inner Mongolia to construct production facilities for high-efficiency amorphous and nanocrystalline materials, positioning the company to vertically integrate into supply of components for transformers, solid-state transformers, and new energy motors serving the photovoltaics, energy storage, and intelligent data center markets.

Name

Ebang International Holdings

Legal name

Ebang International Holdings Inc.

Website

https://ebang.co

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Ebang International Holdings is a NASDAQ-listed (EBON) Chinese-American technology company that designs ASIC chips, runs cryptocurrency mining and fintech platforms, and is pivoting into solar energy and amorphous/nanocrystalline materials for transformers, serving B2B enterprise customers across Asia-Pacific and North America.

Ownership category

akta.pro rank

Product category

Blockchain and ASIC semiconductor hardware

NAICS

Semiconductor Machinery Manufacturing (333242), Mining Machinery and Equipment Manufacturing (333131)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Mining Hardware (ASIC/GPU) Manufacturing & Distribution (FSADAOAD)

akta.pro secondary industries

Mining Software, Firmware & Monitoring Platforms (FSADAOAF), Proof-of-Work (PoW) Mining Operations (FSADAOAA), Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA)

Keywords

• ASIC chip design
• Blockchain mining hardware
• Fintech platforms
• Solar energy solutions
• Cryptocurrency mining

Headquarters

HQ city

Hangzhou

HQ country

China

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Operations, Personnel, Supply Chain, Marketing or Sales, Others

Revenue model

1. Product Revenue: Revenue from sale of ASIC chips and related mining hardware products. Product revenue declined to $793,047 in FY2025 from $1.2 million in FY2024.
2. Service Revenue: Revenue from fintech platforms and services. Service revenue increased to $5.7 million in FY2025 from $4.7 million in FY2024, driven by renewable energy business acquisition.
3. Rental Revenue: Rental revenue from idle office space, contributing to overall revenue growth.

Distribution channels1 record

Marketing channels6 records

Core offering

Ebang International Holdings designs and supplies top-tier ASIC chips for blockchain/cryptocurrency mining, operates cryptocurrency mining infrastructure, provides user-friendly fintech platforms compliant with international regulations, and produces high-efficiency solar cells and panels for the renewable energy sector. The company is expanding into amorphous and nanocrystalline core materials for high-efficiency and solid-state transformers and new energy motors via a subsidiary facility planned in Inner Mongolia, China.

Product overview

Ebang International Holdings Inc. operates a diversified technology portfolio across multiple sectors. The company offers a platform-plus-products architecture centered on blockchain technology, fintech platforms, solar energy solutions, ASIC chip designs, cryptocurrency mining operations, and telecommunication products. The core ASIC chip designs power the company's mining operations, while its fintech platforms provide innovative financial services. The recent expansion into solar energy with high-efficiency solar cells and panels represents the company's strategic pivot toward renewable energy markets.

Differentiator

Problem solved

Functional benefit

Products and services

• ASIC Chip Designs

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Iris Energy: Public Bitcoin mining operator powered exclusively by renewable energy, with a focus on data center and grid services. Comparable to Ebang's mining-plus-renewable-energy dual strategy and the integration of clean energy into mining economics.
• Hut 8 Corp. Public crypto mining operator combining Bitcoin self-mining with energy infrastructure and managed services. Comparable to Ebang's mining operations segment and its service-revenue model.
• Bitmain: World's largest ASIC Bitcoin mining hardware manufacturer (Antminer line) and operator of the Antpool mining pool. Directly comparable to Ebang's core ASIC chip design and mining business, though significantly larger and better capitalized.
• Canaan Inc. NASDAQ-listed designer and manufacturer of ASIC Bitcoin mining hardware (Avalon series) and provider of AI edge-compute solutions. Directly comparable to Ebang as a publicly listed Chinese-origin ASIC mining chip designer competing in the same product category.
• Riot Platforms: US-listed Bitcoin mining and electrical infrastructure operator. Comparable to Ebang's mining operations segment and its interest in vertical integration into power/electrical equipment (transformers, materials).
• Bitfarms Ltd. Vertically integrated Bitcoin mining operator with own electrical and grid engineering. Comparable to Ebang's mining operations and to its strategy of using proprietary technology to optimize energy economics.
• CleanSpark: US-listed Bitcoin mining operator with a strong focus on energy management, microgrid, and grid services. Comparable to Ebang's mining and renewable-energy services segments.
• MicroBT: Direct competitor in ASIC Bitcoin mining rigs (Whatsminer series), founded by former Bitmain staff. Closely comparable to Ebang's ASIC chip and mining hardware product line.
• Marathon Digital Holdings: Largest US-listed pure-play Bitcoin mining operator. Comparable to Ebang's cryptocurrency mining operations business line and to its pivot toward energy/infrastructure-driven mining economics.

Broad incumbents

• Bitfury Group: Vertically integrated blockchain infrastructure company operating in ASIC chip design, mining, and enterprise blockchain services. Comparable to Ebang as a broader incumbent in the ASIC-plus-mining-plus-fintech stack, though substantially larger and more diversified geographically.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/ebon_ebang
• YouTubeyoutube.com/channel/UC5pZfTI1Jho7m4Sb6sgCnwA
• Facebookfacebook.com/EBON.EbangInternational
• LinkedInlinkedin.com/company/ebang
• Instagraminstagram.com/ebon_ebang

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ebang International Holdings