3 / 4 Relevant items tagged with #Earnings

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Coinbase narrows loss while crypto trading volumes fall in Q3

[Nov 2, 2023 5:44 PM] Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out.

Coinbase Beats Q3 Earnings Estimates While Trading Volume Falls

[Nov 2, 2023 2:23 PM] The crypto exchange's third quarter transaction revenue rose/fell short from previous quarter.

Bitcoin investors are bullish on the US Fed’s $100B loss

[Sep 18, 2023 1:30 PM] The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies.

Bitcoin Miners Feel the Pinch: 10% Value Drop Tanks Hash Price in August

[Aug 29, 2023 10:30 AM] August has proved to be a challenging month for bitcoin miners, facing two difficulty spikes and witnessing the currency’s value plummet over 10% in the past 30 days. This decline in value has pulled the network’s hash price to levels…

AI-Related Tokens Hold Gains After Nvidia's Big Beat Solidifies Bullish Outlook

[Aug 23, 2023 2:40 PM] The tokens such as FET, GRT, AGIX rose/fell tktk

Marathon Digital Q2 results miss revenue and earnings forecasts

[Aug 8, 2023 4:59 PM] Despite the earnings miss, Marathon's CEO said it mined a record 2,926 Bitcoin over the second quarter of 2023.

Coinbase earnings show the company is now much more than just an exchange

[Aug 4, 2023 2:30 PM] The Coinbase earnings report shows that services and subscriptions are the exchange’s core revenue streams. Is this a positive or a negative?

Coinbase Bears Doubt Stock Can Rise Even After Exchange Beats Estimates

[Aug 4, 2023 8:34 AM] It’s hard to see a favorable valuation argument for the stock given the company’s revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said.

Coinbase Beats Analyst Estimates for Q2, but Transaction Revenue Falls

[Aug 3, 2023 2:31 PM] The crypto exchange beat on both the top and bottom lines, but transaction revenue and total trading volume fell.

Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings

[Jul 31, 2023 6:00 AM] Analysts are bullish on software company MicroStrategy (MSTR), which reports earnings for the second quarter after the market close on Tuesday, and it’s all thanks to the many bitcoin (BTC) it holds.

Meta Q2 earnings: Reality Labs losses top $7.7B year to date

[Jul 26, 2023 4:51 PM] Meanwhile, Meta's metaverse-building business has racked up around $21 billion in losses since the start of 2022.

Tesla Didn’t Buy or Sell Any Bitcoin for Fourth Straight Quarter in Q2

[Jul 19, 2023 2:13 PM] The value of its bitcoin holdings remained at $184 million.

Coinbase Cut to Underweight Ahead of Earnings by Barclays

[Jul 13, 2023 6:12 AM] The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.

Bitcoin options strategy: How to trade July's Q2 earnings

[Jul 3, 2023 1:35 AM] Professional traders can hedge their Bitcoin bets using the iron condor options strategy as Q2 earnings' season comes into play.

Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena

[May 11, 2023 11:39 AM] Thursday's reported first-quarter earnings from miners were a mixed bag.

Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite

[May 11, 2023 6:03 AM] The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.

Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe

[May 11, 2023 2:28 AM] The U.S. regulatory body is probing related-party transactions that may have violated securities laws.

Robinhood's Q1 crypto revenue drops 30% from the previous year

[May 10, 2023 5:24 PM] The money coming in for the trading app's crypto business reached $38 million over the first quarter of 2023, down from $54 million in Q1 2022.

Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate

[May 9, 2023 6:18 AM] Cipher has an eye on hashrate of 8.2 EH/s by the end of the year.

Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market

[May 9, 2023 6:12 AM] The figure compares with a net losses of $111.7 million in the year-earlier period and $288 million in the fourth quarter.

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago

[May 4, 2023 2:56 PM] For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.

Coinbase Losses Expected to Narrow; Analysts Seek Details About International Exchange

[May 3, 2023 1:32 PM] Traders of U.S.-based crypto exchange Coinbase (COIN) will likely get some relief when the company reports first quarter earnings for 2023 on Thursday.

Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

[May 3, 2023 4:00 AM] Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022 became the worst annual period in seven years for the sanctioned Russian…

DCG's CFO Steps Down as Crypto Conglomerate Repays $350M Loan

[May 2, 2023 7:33 AM] The crypto conglomerate also paid off a $350 million senior secured term loan, which was issued by a lender syndicate led by Eldridge.

Argo Blockchain Slumps to Full-Year Loss on Bitcoin Price Slide

[Apr 28, 2023 2:18 AM] The crypto mining company is in a stronger position now, interim CEO El-Bakly said

Bitcoin Regains $28K Amid Mildly Encouraging Tech Earnings, Liquidation of Short Positions

[Apr 25, 2023 3:55 PM] BTC climbed Tuesday afternoon as Google and Microsoft's first-quarter earnings surpassed expectations. Both equities and Treasury yields were down on Tuesday, however.

Tesla Made No Changes to Bitcoin Holdings in First Quarter

[Apr 19, 2023 2:13 PM] The company booked a gain of $XX million on its bitcoin holdings.

BNY Mellon CEO Says the Bank Is Going 'Incredibly Slow' on Crypto

[Apr 18, 2023 11:11 AM] Bank of New York Mellon (BK) said it doesn’t consider itself a crypto bank and will continue to move slowly investing in the space during its first quarter earnings call on Tuesday.

BTC price heading under $30K? 5 things to know in Bitcoin this week

[Apr 17, 2023 2:33 AM] Bitcoin faces a battle for key BTC price support to start the week, while market participants stay optimistic about trend continuation.

‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’

[Apr 2, 2023 12:30 PM] Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s warning for months that the U.S. was headed for an “extended…