At the very beginning, Cryptostar wasn’t mining. They used to only sell ASIC and GPU miners. Then, when the Bitcoin price started to go up, the board changed their politic. From selling miners to enable others to mine, they decided to keep those for them to mine. They also launched a crypto-farm facility in Alberta which where they would be able to host miners from other companies and mine by themselves. They also have a miner facility in Utah,USA. Despite material shortage, they have been able to secure and get miners. According to their last news report (September 15th, 2021), the Company had CAD$34,424,517 in total assets including $18,300,000 in cash, holds 235.9 in Ethereum and 47.6 in Bitcoin for $4,667,064 in liabilities. They had (0.003) loss par share basic and diluted ( last report) for  407,345,024 weighted average shares, basic and diluted.

Despite having good numbers, the company’s rejected by many investors because of the lack of transparency and the high amount of warrants and stock options. The stock options affected a lot the stock price as they were between $0.05 and $0.10. There are still more than 170M warrants and 17,527,110 options left. 

This is the major concern for the investors. A dilution means a loss of shareholder’s value and more difficulties to see the stock price going up as the float is bigger than before.