Mining
Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production
The company plans to shift 500 megawatts of its infrastructure to high-power computing.
Mike Dalton 2 min read
Earnings News
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Earnings
Robinhood crypto trading volume up 224% YoY to $36 billion in Q1
The company also reported record revenues of $618 million for the quarter.
Mining
Mining firm Stronghold considering sale of company in latest financial report
The firm has a lower valuation than its peers despite increased earnings.
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Exchanges
Coinbase surpasses expectations with Q1 revenue surge amid Bitcoin boom
A significant component of the revenues was a $650 million mark-to-market gain on digital assets held for investment, following new accounting standards adopted by the company.
Earnings
MicroStrategy continues stacking Bitcoin with $1.65 billion purchase during Q1
With its latest purchases, MicroStrategy now holds 214,400 BTC in total — equating to roughly 1% of the total Bitcoin supply.
Earnings
Marathon posts record growth in 2023 earnings, unveils Bitcoin Layer-2 Anduro
The company mined a record 12,852 BTC in 2023, which drove its revenue to $387.5 million.
Crypto
Block reports $2.43 billion in Bitcoin revenue since July from $63 billion total Cash App inflows
Gross payment volume of Block's Cash App rises 10% YoY, underpinned by Bitcoin revenue surge
Earnings
Coinbase Q3 revenue falls 5% to $674 million, but still beats expectations
Coinbase reported a strong balance sheet ending Q3 with over $5.5 billion in cash, cash equivalents, USDC and custodial account overfunding.
Earnings
Tesla maintains Bitcoin holdings while directing resources toward AI
Tesla published its Q3 shareholder deck on Oct. 18, revealing its Bitcoin holdings to be intact while highlighting AI as a company priority.
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Earnings
SpaceX saw valuation of Bitcoin holdings fall by $373M over two years: WSJ
AI
Tim Cook says AI, machine learning are part of ‘virtually every product’ Apple is building
Earnings
Coinbase reports $708M in quarterly revenue but overall net loss ahead of Base launch
Earnings
