Corporations
Corporations is a French company founded in 2017 that sells and hosts ASIC Bitcoin mining machines for individual crypto investors, operating US-based mining farms with offices in Paris and Dubai.
- Company typePrivate
- Founded2017
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Corporations does
Corporations (CORPORATIONS SAS) is a French private company founded in 2017 by Kylian Khalifa that designs, sells, and hosts ASIC Bitcoin mining machines for individual crypto investors. The company operates mining farms in the United States with access to renewable energy, and maintains its registered headquarters in Paris alongside a Dubai-based entity, Corpora fzco. Its core hardware offering is the ASIC S19k Pro 120 TH mining machine, which clients purchase outright and host in the company's US-based facilities under contracts that span the typical three-to-ten-year hardware lifespan.
The company layers services on top of the hardware sale, including a real-time mobile monitoring application for deployed rigs, an extended warranty program branded CorporationsCare, and an educational content platform called Corpomedia. A mining pool partnership supports operational hashing activity, and the company self-reports a community of approximately 200,000 members, more than 8,000 trained participants, and over 400 validated clients. Corporations holds a registered trademark at the French national institute of industrial property (INPI) and operates under GDPR-compliant data handling.
Revenue is generated primarily through one-time machine sales, with electricity costs billed separately to clients and no recurring operating or management fees disclosed. The go-to-market approach is sales-led and direct, relying on telephone appointments and WhatsApp outreach, supplemented by an extensive organic social media presence that sustains the broad community footprint. No external funding rounds, investor names, or audited financials have been disclosed publicly.
Corporations firmographics
Firmographics- Name
- Corporations
- Legal name
- CORPORATIONS SAS
- Website
- https://corporations.fr
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Corporations is a French company founded in 2017 that sells and hosts ASIC Bitcoin mining machines for individual crypto investors, operating US-based mining farms with offices in Paris and Dubai.
- Ownership category
- akta.pro rank
Corporations industry classification
Industry- Product category
- Cryptocurrency Mining Services
- NAICS
- Mining Machinery and Equipment Manufacturing (333131), Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810)
- SIC
- Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)
- akta.pro primary industry
- Mining Hardware (ASIC/GPU) Manufacturing & Distribution (FSADAOAD)
- akta.pro secondary industries
- Proof-of-Work (PoW) Mining Operations (FSADAOAA), Mining Software, Firmware & Monitoring Platforms (FSADAOAF)
Keywords
Where Corporations is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices3 records
Markets served
Corporations business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Operations, Personnel, Marketing or Sales
Revenue model
- Mining Hardware Sales: Corporations earns revenue by selling ASIC mining machines (ASIC S19k Pro 120 TH) to clients. The margin is taken at the point of purchase. No operating or hosting fees are charged to clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Mining Machine Purchase (ASIC S19k Pro 120 TH) |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Corporations product offering
Product offeringCore offering
Corporations sells ASIC S19k Pro 120 TH Bitcoin mining machines to individual investors and hosts the customer-owned machines in its own mining farms located in the United States. The company handles sales, transport, customs, storage, installation, maintenance and warranty, while clients retain ownership of the hardware and receive all mined bitcoins; revenue is earned on the one-time machine sale margin, with electricity costs billed separately.
Product overview
Corporations is a Bitcoin mining investment company that operates a platform combining hardware sales and managed hosting services. The core offering consists of ASIC S19k Pro 120 TH mining machines sold to customers, who then host them in Corporations' U.S.-based mining facilities. The company handles installation, electricity supply (among the lowest globally), maintenance, and management. CorporationsCare provides extended warranty and maintenance coverage beyond the standard 12-month warranty. A real-time monitoring application enables customers to track their investment performance, machine status, hashrate, and payments. The company generates revenue through machine sales, electricity fees, and the optional CorporationsCare warranty service.
Differentiator
Problem solved
Functional benefit
Brands
- CorporationsCare: Extended warranty and maintenance service for mining machines, including fan replacements, control board replacements, power supply replacements, and hashboard repairs.
- Corpomedia
Products and services
- ASIC S19k Pro 120 TH mining machine Application-Specific Integrated Circuit Bitcoin mining machine with a hash rate of 120 TH/s, sold to individual investors who then host the machine in Corporations' US-based mining farms.
- Mining farm hosting services Managed hosting of customer-owned ASIC mining machines in Corporations' US-located facilities, including electricity supply at competitive rates, installation, storage, maintenance, and machine lifecycle management. Electricity costs are billed separately and vary by location.
- CorporationsCare extended warranty Extended warranty and maintenance coverage for ASIC mining machines, covering fan replacements, control board replacements, power supply replacements, and hashboard repairs beyond the standard 12-month warranty.
- Real-time mining monitoring application Mobile and web application allowing mining investors to track their investment performance in real time, including revenues, machine online/offline status, hashrate, payment history, shares, and live surveillance camera streams.
Quantifiable outcome
- All mined bitcoins return to client (no operating fees)
- +1 more outcomes
Companies that use Corporations
Customer profileNamed customers4 records
Segments1 record
Ideal customer profiles1 record
Corporations technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Corporations partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Mining Pool PartnercoreCorporations has established a partnership with a mining pool. Clients join this consolidated mining pool for their mining operations. The pool cannot be chosen by individual clients as part of the service offering.
Scale indicators4 records
Expansion highlights6 records
Corporations competitors and assessment
Company assessmentBroad incumbents
- Bitfarms: Bitfarms is a publicly listed Bitcoin mining operator with farms across multiple geographies. They serve the same underlying PoW mining market that Corporations operates in, though focused on institutional scale rather than retail customers.
- Marathon Digital Holdings: Marathon Digital Holdings is one of the largest publicly listed Bitcoin mining operators. They are comparable as a mining infrastructure operator hosting machines, but operate at a vastly larger scale than Corporations' SMB/individual focus.
- Bitmain: Bitmain is the dominant ASIC miner manufacturer (Antminer series, including predecessors to the S19k Pro). They are comparable as the upstream hardware supplier in the Bitcoin mining ecosystem and increasingly host directly as well.
- Riot Platforms: Riot Platforms is a publicly traded large-scale Bitcoin miner with operations in Texas. They are comparable as operators of hosted mining infrastructure, though they focus on institutional/wholesale scale rather than retail investors.
- Canaan Creative: Canaan Creative (Avalonminer) designs and manufactures ASIC mining hardware. It is comparable to Corporations via the broader mining-hardware value chain where Corporations operates.
- MicroBT: MicroBT manufactures the Whatsminer line of ASIC Bitcoin miners and operates in the same hardware value chain that Corporations serves through its ASIC S19k Pro reselling and hosting business.
Direct peers
- Genesis Digital Assets: Genesis Digital Assets operates large-scale industrial Bitcoin mining farms. While more institutional in focus, they are comparable as hosted-mining service providers addressing the same underlying customer need: mining without managing infrastructure yourself.
- Compass Mining: Compass Mining offers retail and institutional customers hosted Bitcoin mining with a marketplace model, allowing purchase of hashrate and machine hosting. It is directly comparable to Corporations' model of selling hardware and providing hosted mining services to individual investors.
Emerging players
- Foundry USA: Foundry Digital provides mining pool services, equipment financing, and mining infrastructure. They are comparable as a partner/competitor in providing pooled mining infrastructure services that hosted mining operators like Corporations rely on.
- Braiins / Slush Pool: Braiins (operator of Slush Pool) provides mining pool infrastructure and firmware. They are comparable in that pool integration is also core to Corporations' hosted mining offering, making them both participants in the PoW mining services stack.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Corporations social profiles
Digital presenceCorporations compliance and trust
Trust signalCompliance2 records
Corporations financial estimates
Financial estimateRevenue estimate
Valuation estimate
Corporations leadership team
Management profileNumber of profiles
Profiles1 record
Corporations funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Corporations M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Corporations
What does Corporations do?
Corporations sells ASIC S19k Pro 120 TH Bitcoin mining machines to individual investors and hosts the customer-owned machines in its own mining farms located in the United States. The company handles sales, transport, customs, storage, installation, maintenance and warranty, while clients retain ownership of the hardware and receive all mined bitcoins; revenue is earned on the one-time machine sale margin, with electricity costs billed separately.
Is Corporations a public or private company?
Corporations is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Corporations founded?
Corporations was founded in 2017. It employs 11 to 50 people.
Where is Corporations based?
Corporations is headquartered in Paris, France, in the Europe region.
How does Corporations make money?
One revenue line is on record: mining Hardware Sales.
Who are Corporations's main competitors?
Broad incumbents on record are Bitfarms, Marathon Digital Holdings, Bitmain, Riot Platforms, Canaan Creative and MicroBT. Direct peers are Genesis Digital Assets and Compass Mining. Emerging players are Foundry USA and Braiins / Slush Pool.
Does Corporations have an API?
No public API is recorded for Corporations.
What industry is Corporations in?
Corporations's product category is Cryptocurrency Mining Services. Its primary akta.pro industry code is FSADAOAD, Mining Hardware (ASIC/GPU) Manufacturing & Distribution, with a secondary code of FSADAOAA, Proof-of-Work (PoW) Mining Operations. Its NAICS code is 333131 and its SIC code is 3532.