Hashrate Asset Group

What Hashrate Asset Group does

Hashrate Asset Group (HAG) is a U.S.-based Bitcoin mining company founded in 2022 that operates a fleet of approximately 271 deployed ASIC miners delivering roughly 47.59 PH/s of hashrate from a U.S.-located mining farm. The company's core product is an SEC-filed security token (HAG) sold primarily through the INX regulated investment platform, with a $71 token price and a $5,000 minimum investment accepted in BTC, ETH, USDC, or USD.

HAG distributes 70% of its Bitcoin net yield to token holders as monthly WBTC dividends, with the remaining 30% retained as a reserve to maintain constant hashing power — a structure the company brands as a "perpetual hashrate" model. Dividends are allocated via smart-contract on-chain mechanics and supported by third-party audits. The company holds an SEC registration (Form D filing) and positions itself as the world's first SEC-filed security token focused on Bitcoin mining.

The go-to-market is sales-led and community-driven: token sales are channeled through INX, while investor acquisition relies on an Ambassador Incentive Program, Discord/Telegram/Medium presence, Twitter/X and LinkedIn, and offline meetups (notably in Japan). Hardware supply is anchored by a partnership with Bitmain (S21 miners), and mining pool operations use f2pool. The leadership team includes CEO Katrina Wang, CFO Joe Su, and CMO Alpaga Yang, with prior experience at Bitmain, PIMCO, Goldman Sachs, TSMC, SoftBank, and AntPool cited as institutional credibility. To date, HAG has completed two STO tranches — the first in November 2023 and a second tranche (Round 1) in May 2024 raising $476,075.

Name

Hashrate Asset Group

Legal name

Hashrate Asset Group

Website

https://hagsto.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Hashrate Asset Group is a U.S.-based Bitcoin mining company that issues an SEC-filed security token, distributing 70% of BTC mining yield as monthly WBTC dividends to retail and accredited token holders purchased via INX.

Ownership category

akta.pro rank

Product category

Cryptocurrency Investment Products

NAICS

Securities and Commodity Exchanges (5232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro industry

PRIMARYFSADAOAC

Cloud Mining & Hashrate Marketplace Services

Financial & Insurance/Crypto & Digital Assets/Crypto Mining and Staking Services

SECONDARYFSAPAIAC

RWA Tokenization Platforms (asset onboarding, structuring, issuance)

Financial & Insurance/Blockchain & Web3/Enterprise Blockchain & Tokenization (permissioned networks, RWA tokenization)

SECONDARYFSAPAIAD

Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity)

Financial & Insurance/Blockchain & Web3/Enterprise Blockchain & Tokenization (permissioned networks, RWA tokenization)

SECONDARYFSADAOAH

Mining Finance, Leasing & Hashrate-Backed Financing

Financial & Insurance/Crypto & Digital Assets/Crypto Mining and Staking Services

Keywords

• Bitcoin mining
• Security token offering
• Tokenized mining yield
• Cryptocurrency investment products
• Digital asset securities

Headquarters

HQ city

America

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Operations, Infrastructure, Personnel, Marketing or Sales, Others

Revenue model

1. Security Token Offering (STO): HAG issues security tokens to investors in exchange for capital. 70% of Bitcoin net yield is distributed as monthly WBTC dividends to token holders. 30% goes to reserve pool for maintaining constant arithmetic power.
2. Bitcoin Mining Operations: Operating Bitcoin mining facilities in the US generating hashrate and BTC yields. Yesterday's gross yield was 0.02231814 BTC.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

Hashrate Asset Group operates U.S.-based Bitcoin mining facilities and issues the HAG Security Token, an SEC-filed digital security that grants holders monthly WBTC dividend distributions equivalent to 70% of the net Bitcoin mining yield. The remaining 30% of net yield is retained in a perpetual hashing power reserve to maintain constant mining arithmetic output, and the token is offered to investors at $71 per token with a $5,000 minimum purchase via the INX investment platform.

Product overview

Hashrate Asset Group operates as a unified platform offering a single core product: the HAG Security Token. This SEC-filed security token provides direct access to Bitcoin mining operations and pays monthly WBTC dividends. Token holders receive 70% of Bitcoin net yield distributed monthly, while 30% goes to a reserve pool for maintaining hashing power. The company also offers an OG NFT Benefits program for early investors, providing additional perks including aperiodic dividend airdrops, exclusive event access, and commemorative merchandise.

Differentiator

Problem solved

Functional benefit

Products and services

• HAG Security Token The HAG Security Token is the world's first SEC-filed security token focused on Bitcoin mining, sold on the INX investment platform at $71 per token with a $5,000 minimum purchase in BTC, ETH, USDC, or USD. Token holders receive monthly WBTC dividend distributions equivalent to 70% of net Bitcoin mining yield, with 30% retained in a perpetual hashing power reserve, allocated on-chain via smart contracts with third-party audit. Targeted at retail and accredited cryptocurrency investors seeking regulated, transparent exposure to Bitcoin mining yields without operating hardware directly.
• HAG OG NFT Benefits The HAG OG NFT Benefits program is a non-transferable NFT airdrop and additional benefits package for early OG HAG token holders. It includes aperiodic WBTC dividend airdrops, annual investor conference access, and invitations to crypto industry events. Targeted at early OG investors of the HAG Security Token.

Quantifiable outcome

• Monthly WBTC dividend distributions from 70% of Bitcoin net yield
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Taipei DeFi SummitminorGTM or Marketing Partner · 5 August 2024HAG's CFO Joe participated in a panel discussion at the Taipei DeFi Summit titled 'Crypto ETFs and the Future of Investing'.
• BEVMminorGTM or Marketing Partner · 20 July 2024BEVM hosted an online panel where HAG's CFO participated to discuss 'How Do Miners Benefit From Tokenization Of BTC Hashrate?' Panel featured industry experts from BITMAIN, Zulu, and Bitfufu.
• BitmaincoreTechnology or Integration · 20 November 2023Bitmain is the manufacturer of Bitcoin mining hardware. HAG closed its first tranche with Bitmain's cutting-edge S21 miners. Bitmain is a leading ASIC bitcoin mining hardware manufacturer.
• INXcoreChannel Partner/ Reseller/ DistributorINX serves as the primary investment platform for HAG's Security Token Offering. Investors can access HAG tokens through one.inx.co/invest/HAG. INX is a regulated blockchain investment platform.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Compass Mining: Bitcoin mining hosting and hashrate marketplace that sells mining capacity and hosting services to retail customers. Comparable in offering retail-friendly access to mining hashrate, though without the SEC-filed security token wrapper.

Broad incumbents

• CleanSpark: US-listed Bitcoin miner with rapidly expanding hashrate and a focus on efficient operations. Comparable on the underlying mining business model even though distribution is via public equity, not security tokens.
• Riot Platforms: Large US-listed Bitcoin miner with significant hashrate and vertically integrated infrastructure. Comparable as a competing Bitcoin mining investment vehicle but accessed through traditional equity rather than a security token.
• Iris Energy: Renewable-powered Bitcoin miner with operations across North America. Comparable as a US-Australian Bitcoin mining operation offering investors mining exposure through public markets.
• Cipher Mining: US-based industrial-scale Bitcoin miner operating in Texas. Comparable as a US-domiciled Bitcoin mining business competing for the same hashrate, energy, and capital resources as HAG.
• Marathon Digital Holdings: One of the largest publicly traded Bitcoin miners in North America, operating tens of EH/s. Comparable as a US-based Bitcoin mining operation but at vastly greater scale and with public market access rather than tokenized distribution.
• TeraWulf: US-listed Bitcoin miner focused on nuclear and energy-efficient mining infrastructure. Comparable as an alternative US public-market vehicle for Bitcoin mining exposure.

Direct peers

• BitDeer: Public cloud mining platform that sells hashrate exposure to retail and institutional customers. Most directly comparable to HAG given its cloud mining distribution model and customer base seeking mining exposure without operating hardware.
• Bitfufu: Cloud mining marketplace and ASIC hosting platform backed by Bitmain. Direct peer offering hashrate-as-a-service products, referenced alongside HAG at the BEVM panel discussion on tokenization of BTC hashrate.

Others

• Foundry USA Digital: Mining services arm of Foundry (Digital Currency Group) operating a major US Bitcoin mining pool and infrastructure services. Comparable as part of the mining services ecosystem HAG depends on, alongside its existing f2pool partnership.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/HashrateAsset
• LinkedInlinkedin.com/company/hashrate-asset-group

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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

M&A

Investments2 records

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

Frequently asked questions about Hashrate Asset Group