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CryptoStar Corp ( (TSE:CSTR) ) just unveiled an update.
CryptoStar Corp. has applied to the TSX Venture Exchange to extend the closing date of its previously announced non-brokered private placement to February 13, 2026, allowing more time to complete subscriptions for up to $2.25 million in gross proceeds through units and common shares priced at $0.015. The financing, which includes significant participation from a company controlled by senior executives and qualifies as a related-party transaction under securities rules, is intended to strengthen CryptoStar’s balance sheet and fund business operations, digital infrastructure expansion, and exploration of emerging opportunities in high-performance computing and artificial intelligence data centre markets, underscoring its strategy to align blockchain mining with broader compute infrastructure growth.
The most recent analyst rating on (TSE:CSTR) stock is a Hold with a C$0.01 price target. To see the full list of analyst forecasts on CryptoStar Corp stock, see the TSE:CSTR Stock Forecast page.
Spark’s Take on TSE:CSTR Stock
According to Spark, TipRanks’ AI Analyst, TSE:CSTR is a Underperform.
CryptoStar Corp’s overall stock score is primarily impacted by its poor financial performance, which is the most significant factor. The company’s severe profitability issues, declining revenues, and ongoing cash burn are critical concerns. Technical analysis indicates a bearish trend, further weighing down the score. Valuation metrics are also unfavorable, with a negative P/E ratio and no dividend yield. These factors collectively result in a low overall stock score.
To see Spark’s full report on TSE:CSTR stock, click here.
More about CryptoStar Corp
CryptoStar Corp. operates cryptocurrency mining data centres in the United States and Canada, focusing on becoming one of the lowest-cost cryptocurrency producers in North America and a major global supplier of GPU and ASIC miners.
Average Trading Volume: 526,984
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$2.12M
See more data about CSTR stock on TipRanks’ Stock Analysis page.