Earnings
Silbert downplays liquidity crisis, expects $800M revenue in 2022 for DCG
CEO Barry Silbert addressed the suspension of withdrawals at Genesis Global Capital and listed the company's current liabilities.
Josh O'Sullivan 2 min read
Earnings News
Follow earnings-related crypto news, quarterly results, mining revenue, exchange performance, and financial updates from digital asset firms.
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Top Earnings Stories
Adoption
Istanbul Blockchain Week panelists hopeful on adoption of next-generation blockchain tech
CEO of Elixxir and cryptography pioneer, David Chaum, expressed that the ongoing issues in centralized finance might hopefully be able to "stimulate the adoption of this next generation of technology" without the vulnerabilities.
Earnings
Marathon Digital becomes 2nd largest Bitcoin holder among public companies, has not sold any BTC
The earnings call for Marathon Digital revealed a strong foundation for the coming as it looks to increase efficiency and its renewable energy mix.
Latest Earnings News & Analysis
Adoption
Coinbase burns $546M of USD resources as it reports another quarter in the red with a 55% revenue decline
Coinbase noted that trading volume has been shifting away from the U.S. as its U.S. monthly volume was down more than 50% at the end of September compared to January.
Earnings
Coinbase reports $1.10B loss in Q2 as assets on exchange slump
Coinbase reported the biggest loss ever in Q2, losing more than $1B over the past 3 months. Assets held on the exchange also fell to just $96 million.
Bear Market
Robinhood lays off nearly a quarter of its workforce amid crypto winter
Robinhood is getting rid of 23% of its workforce due to dipping revenues and a crypto bear market.
Earnings
CoinShares posts £8.2M Q2 loss due to one-off impairment hit from Terra
This is the first time London-based Coinshares has posted a negative quarter since its market debut.
Earnings
Coinbase stock posts 9 week high on rumors of better than expected earnings
COIN is up 50% since July 26 as analysts forecast better than expected results upon release of the second-quarter earnings report on August 9.
Bear Market
Match Group shelves Tinder Coin, Metaverse Dating after company swings to a loss in Q2
A net loss this quarter has Match re-thinking Metaverse Dating and Tinder Coin despite both being viewed as potential drivers of growth in the long-term.
More Earnings News Headlines
Adoption
MicroStrategy records $918M impairment loss in Q2, Saylor moves to new Chairman role
Payments
Ripple’s XRP sales increased almost 40% in Q2 vs Q1
Investments
Tesla has sold 75% of its Bitcoin holdings, earning $936M
Analysis
