Critical Comparison: Carbon Streaming (OTCMKTS:OFSTF) versus Bit Origin (NASDAQ:BTOG)

Volatility and Risk

Carbon Streaming has a beta of -72.85, suggesting that its share price is 7,385% less volatile than the S&P 500. Comparatively, Bit Origin has a beta of 1.39, suggesting that its share price is 39% more volatile than the S&P 500.

Institutional & Insider Ownership

1.1% of Bit Origin shares are held by institutional investors. 2.4% of Carbon Streaming shares are held by company insiders. Comparatively, 1.1% of Bit Origin shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Carbon Streaming and Bit Origin’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Carbon Streaming	-5,329.32%	-7.99%	-7.61%
Bit Origin	N/A	N/A	N/A

Valuation and Earnings

This table compares Carbon Streaming and Bit Origin”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Carbon Streaming	$1.17 million	16.62	-$35.50 million	($0.63)	-0.58
Bit Origin	$2.89 million	0.46	-$17.53 million	N/A	N/A

Bit Origin has higher revenue and earnings than Carbon Streaming.

Summary

Bit Origin beats Carbon Streaming on 7 of the 9 factors compared between the two stocks.

About Carbon Streaming

Carbon Streaming Corporation a carbon credit streaming and royalty company focused on creating shareholder value primarily through the acquisition and sale of carbon credits. It provides capital to carbon projects globally, primarily by entering into or acquiring streaming, royalty or royalty-like arrangements for the purchase of carbon credits. The company was formerly known as Mexivada Mining Corp. and changed its name to Carbon Streaming Corporation in June 2020. Carbon Streaming Corporation was incorporated in 2004 and is headquartered in Burlington, Canada.

About Bit Origin

Bit Origin Ltd, through its subsidiaries, engages in the cryptocurrency mining business in the United States. It is also involved in deploying blockchain technologies. The company was formerly known as China Xiangtai Food Co., Ltd. and changed its name to Bit Origin Ltd in April 2022. Bit Origin Ltd was incorporated in 2018 and is based in Singapore, Singapore.