The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same five investor questions from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | COSG | CIFR | WULF | ABIT |
|---|---|---|---|---|
| Moat Score (0–100) | 40 (highest) | 40 (highest) | 40 (highest) | 39 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 20 | 57 | 63 (highest) | 0 |
| Pricing power | 31 | 90 (highest) | 35 | 15 |
| Returns on capital | 12 | 0 | 0 | 83 (highest) |
| Balance-sheet safety | 55 (highest) | 28 | 55 (highest) | 55 (highest) |
| Capital allocation | 80 (highest) | 24 | 44 | 44 |
| No price data | No price data | No price data | No price data | |
| Market cap | $275M | $7.2B | $6.9B | $18.4M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2024 | FY2025 | FY2025 | FY2025 |