MEDIUMOutside partySupplier
government mints
“10-K Item 1A: 'Our Wholesale Sales & Ancillary Services segment is dependent on our relationships with government mints.'”
GOLD · Concentration risk · 10-K extracted
Gold.com (GOLD) concentration risks
Updated
The most significant concentration Gold.com discloses is government mints, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: Gold.com’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH0
MEDIUM4
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partyCustomer
concentrated customer base in Wholesale Sales & Ancillary Services
“10-K Item 1A: 'Our Wholesale Sales & Ancillary Services segment is at times dependent on a concentrated customer base.'”
MEDIUMOutside partyCounterparty
Tether precious metals leases
“10-K Item 1A: 'our liquidity in recent months has been provided primarily by precious metals leases, a majority of which are from Tether'”
MEDIUMBuilt-inGeographic
outside the United States, particularly People's Republic of China
“10-K Item 1A: 'We derive a significant portion of our business outside the United States, and are subject to the risk of foreign operations, particularly in the People's Republic of China'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-10-18Gold.com's disclosed exposures are mostly counterparty dependencies, all of them medium-share exposures. The Wholesale Sales & Ancillary Services segment depends on its relationships with government mints and, at times, on a concentrated customer base. Neither carries a disclosed percentage, so the filing gives no precise measure of how much revenue rides on any one mint or buyer, which is itself a limit on how well this risk can be sized. Funding adds a third dependency: recent liquidity has come primarily from precious metals leases, a majority of which are from Tether. This is the most idiosyncratic item here, because a single lessor's decision to pull back would hit financing directly, independent of demand for metals. The geographic exposure differs in kind. A significant portion of business is derived outside the United States, particularly in the People's Republic of China, which is structural and macro- or policy-driven rather than tied to a named counterparty. Taken together, the segment and funding dependencies are the ones most likely to move the verdict, since each rests on a few named or implied relationships, while the China exposure is a slower-moving, regulatory and macro backdrop.
For the engine’s reasoning on GOLD’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Capital Markets
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ABTC | American Bitcoin Corp. | 2 | 1 | 0 | 3 |
| BTBT | Bit Digital, Inc. | 2 | 1 | 0 | 3 |
| BMNR | BitMine Immersion Technologies, | 1 | 0 | 0 | 1 |
| GOLD● | Gold.com, Inc. | 0 | 4 | 0 | 4 |
| BTGO | BitGo Holdings, Inc. | 0 | 1 | 0 | 1 |
| BGC | BGC Group, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.