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Earnings Call
Bitcoin Miner Hut 8 Talks Operational Issues and U.S. Bitcoin Corp. Merger in Earnings Call
Management spoke to investors on Thursday morning following release of the company's fourth-quarter and full-year 2022 results.
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million.
Facebook Parent Meta Loses $2.8B on Metaverse Division in Q2
Meta reported revenue of $452 million for the division, down from $695 million in the first quarter.
GameStop Reports $76.9M in Proceeds From Sales of Digital Assets in First Quarter
The company also confirmed intentions to launch its NFT marketplace in the second quarter.
Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake
The company said it was able to sell its minimal UST stake for around 93 cents per token before the price completely collapsed.
Core Scientific Cites Crypto Market Turmoil in Lowering Its Growth Outlook
The miner said it has also received overtures about potential M&A deals as some other miners struggle to finance their growth.
Bitcoin Miner Argo Raises Hashrate Guidance Thanks to Intel Mining Chips
About 33% of its new projected hashrate will be contributed from Intel-powered mining rigs.
Galaxy Digital Tweaks BitGo Purchase Terms as It Awaits SEC Action
The acquisition was announced last May with an expectation of closing by the end of 2021.
Bitcoin Miner Core Scientific’s Full-Year Sales Rise to $545M, Beating Estimates
The miner also reiterated its 2022 hashrate expectations and expects more M&A within the crypto mining industry over the next 12 months.
Bitcoin Miner CleanSpark Surges on Plan to Sell Legacy Energy Business
BTIG analyst Gregory Lewis sees higher growth with the company's new strategy.
