SAIH · NASDAQ · Information Technology Services

SAIHEAT (SAIH)

Provider of crypto-mining infrastructure, liquid cooling, AI inference, and nuclear design services.

$25.60
At close+2.65 (+11.55%)
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SAIHEAT LimitedSAIHInformation Technology

Combines crypto-mining equipment and container sales with bitcoin mining, then extends the operating base through liquid cooling, enterprise AI inference, and nuclear design services. A partner-based model remains dependent on power, specialized hardware, bitcoin economics, crypto regulation, and external capital.

Combines crypto-mining equipment sales, outdoor computing containers, and self-mining of bitcoin. Audited operations also include hosting and mining-pool services, while equipment sales and mining supplied the latest reported revenue.

Builds liquid-cooling and computing-heat-recovery systems through HEATWIT, linking high-density computing to energy infrastructure. Management operates from Singapore, and the disclosed self-mining and research node is in Ohio; hosting relies on third-party data-center partners.

Adds enterprise AI inference plus nuclear design-software agency and consulting for reactor design and analysis. Bitcoin economics, electricity availability, specialized hardware suppliers, crypto regulation, capital access, and upstream voting control remain structural dependencies.

Company facts

CEOJianwei Li
ListedMay 2, 2022
ExchangeNASDAQ
HeadquartersSingapore, Singapore
CountrySingapore
Employees16
CIK0001847075
ISINKYG7852T2021

Market cap$46.6M
EPS (ttm)−$3.52
P/E (ttm)−7.21
ROE-67.7%
P/B6.29
P/S10.31
Dividend yieldDiv yield
Beta1.33vs XLK −0.41

No analyst consensus on record.

EPSReportedEstimate

Jun '21Dec '21Jun '22Dec '22Apr '26
Reported−$0.06−$3.46−$2.79−$3.53−$1.95
Estimate
Surprise

RevenueReportedEstimate

Jun '21Dec '21Jun '22Dec '22Apr '26
Reported$10.8M−$114.0K$689.0K
Estimate$689.0K
Surprise0.0%
Estimate
Reported−$1.95
Estimate$689.0K
Reported$689.0K0.0%
View details

Debt to equity56.70%
Current ratio230.20%

ProfitabilityRevenueNet incomeNet margin

Q2 FY21Q4 FY21Q2 FY22Q4 FY22Q4 FY24Q2 FY25Q4 FY25
Revenue$0$0$10.8M−$114.0K$2.3M$3.8M$689.0K
Net income−$22.5K−$1.3M−$4.2M−$4.7M−$3.9M−$2.9M−$3.6M
Net margin0.0%0.0%0.0%0.0%

GrowthOperating income

Q2 FY21Q4 FY21Q2 FY22Q4 FY22Q4 FY24Q2 FY25Q4 FY25
Operating income−$23.0K−$1.3M−$3.1M−$4.3M−$5.1M−$3.4M−$1.9M
YoY growth

Balance sheet, Dec 31, 2025Cash & short-term investments $247.0K · Total debt $4.2M · Total assets $12.7M · Shareholders' equity $7.4M

Revenue
$689.0K
Operating income
−$1.9M
Net income
−$3.6M
View details

No dividends on record.

Institutions2 holders · as of Mar 31, 20260.02%335 shares
Otherremainder99.98%1.84M shares

1.84M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
UBS Group AGInstitution
0.02%33413Fas of Mar 31, 2026
Morgan StanleyInstitution
0.00%113Fas of Mar 31, 2026
Longwin Global LimitedStrategic
100.00% of class, as filed13Dfiled Jun 5, 2026
Peng ZhangInsider
100.00% of class, as filed13Dfiled Jul 9, 2025
Science Artist Holding LimitedStrategic
100.00% of class, as filed13Dfiled Feb 15, 2024
See all 6

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Vertiv

    Liquid cooling and modular data-center infrastructure head-to-head.

  • Bitdeer

    Mining gear, self-mining, and powered infrastructure overlap.

  • MARA

    Large-scale bitcoin mining contests power, sites, and mining returns.

  • Riot Platforms

    Bitcoin mining and large data centers contest power-rich deployments.

  • Core Scientific

    Bitcoin mining and high-density colocation contest powered capacity.

Compare

CompanyPriceChange
SAIHEAT$25.60+11.55%$46.6M10.3
Vertiv$256.14−0.24%$98.83B58.132.98.6+24.1%
Bitdeer$10.71−0.37%$2.51B3.1+47.1%
MARA$10.44−0.24%$3.99B5.0−26.7%
Riot Platforms$18.56−0.38%$7.05B10.4+13.9%
Core Scientific$16.71−0.57%$5.40B317.812.3+108.8%
Median58.1175.48.6+24.1%