Color Star Technology Co., Ltd. (NASDAQ: ADD) is a New York-based entertainment and technology company that has expanded into cryptocurrency mining operations. In a significant strategic move announced in 2025, the company deployed 10,000 Antminer rigs in Kazakhstan to power its Bitcoin mining activities. This expansion leverages Kazakhstan’s favorable energy costs and regulatory environment for mining, positioning Color Star as an active participant in the Bitcoin network through large-scale industrial mining. The deployment of 10,000 Antminer rigs represents a substantial increase in the company’s mining capacity, contributing to hashrate production and Bitcoin accumulation. While Color Star’s core business historically revolves around entertainment (metaverse experiences, celebrity concerts, SMART Stage technology, Color Music Festival, and Color LIVE venues), the cryptocurrency mining initiative serves as a diversification strategy to generate additional revenue and capitalize on the growth of digital assets. The company maintains offices and subsidiaries in Singapore, the UAE, Thailand, China, and Hong Kong, supporting its global operations across entertainment and now digital asset mining. As of January 2, 2026, Color Star Technology is active with its ongoing Bitcoin mining operations in Kazakhstan (10,000 Antminer rigs deployed), alongside its entertainment and metaverse activities.

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