Corporations

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.

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

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

• Bitcoin mining hardware
• Crypto mining hosting
• ASIC mining machines
• Cryptocurrency investment services
• Mining farm operations

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Marketing or Sales

Revenue model

1. 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

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core 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

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Mining Pool PartnercoreTechnology or IntegrationCorporations 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

Broad 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

• Xx.com/corporationsfr
• YouTubeyoutube.com/@Corporationsfr
• Facebookfacebook.com/corporationsfr
• LinkedInlinkedin.com/company/corporationsfr
• Instagraminstagram.com/corporationsfr?igshid=YmMyMTA2M2Y=
• TikToktiktok.com/@corporationsfr?_t=8XKEUhosJPR&_r=1

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Corporations