Earnings
Tether discloses 83,758 BTC holdings and $13 billion profit in 2024
Tether's gold and Bitcoin stash generated $5 billion in unrealized profits, roughly 40% of last year's amount.
Gino Matos 2 min read
Earnings News
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Technology
Telegram’s 4x YoY subscriber growth pushes platform to profitability
Telegram generated $1 billion in revenue during 2024, representing a 3x growth over
DeFi
Pump Fun’s livestreaming halt causes 33% dip in revenue
The recent fallout highlights high stakes in memecoin market race as Pump.Fun faces image crisis amid controversies.
Latest Earnings News & Analysis
Earnings
Tether hits $7.7 billion in profit YTD as reserves reach record high
The company added nearly $5 billion in US treasuries and 7,100 Bitcoin to its assets.
Mining
Riot Platforms attracting ‘blue-chip’ partners for AI ventures amid Q3 losses
Riot's power capacity becomes a key asset as they navigate rising AI partnership inquiries.
Earnings
MicroStrategy stock surges over 4% despite Q2 net loss as Bitcoin holdings hit 226,500
MicroStrategy's Bitcoin stash totals 226,500 BTC, purchased for $8.3 billion at an average cost of $36,821 per Bitcoin as of July 31.
Earnings
Coinbase’s $1.45 billion Q2 revenue exceeds estimates despite decline in transaction revenue
The exchange's net income for the period was $36 million, compared to a net loss of $97 million in 2023.
Crypto
MicroStrategy faces scrutiny over cash flow and Bitcoin holdings ahead of Q2 earning
Market analysts question whether MicroStrategy’s debt plans can sustain its Bitcoin ambitions.
Crypto
Galaxy Digital posts $177 Million net loss in Q2 amid market turbulence
Galaxy faced significant challenges with net losses on digital assets and investments, marking a sharp contrast to its previous financial performance.
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Mining
Riot Platforms posts $84.4 million loss in Q2 amid 52% decline in Bitcoin production
Mining
Marathon reports record $337.2 million net income in Q1 2024
Mining
Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production
Earnings