Antalpha operates a digital lending platform providing specialized financing to Bitcoin mining companies and other digital asset industry participants. The company originates loans collateralized by Bitcoin mining machines, cryptocurrency, and stablecoins, with core products including mining machine loans, hashrate loans, mining facility loans, and facilitated margin loans. The business generates revenue through technology platform fees, financing fees on supplied capital, and fees on margin loans facilitated through partner platforms, while serving mining enterprises and digital asset-focused businesses primarily across Asia, Hong Kong, Southeast Asia, and North America; the company's customers are sourced through deep integration with leading mining equipment manufacturers and its operations depend on relationships with key funding partners and equipment providers.