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Earnings Reports
Bitcoin Miner Iris Energy Reports Record Earnings, With Expansion on Track
The company said construction at its Mackenzie facility in British Columbia, Canada is ahead of schedule.
Signature Bank Added $3.8B in Non-Interest Bearing Deposits in Q1
These deposits are seen as a proxy for growth among crypto-industry clients.
Silvergate Execs Pressed by Analysts on Yield From Crypto Customer Deposits
In a low interest rate environment, CEO Alan Lane said he is more focused on keeping the Silvergate Exchange Network liquid with readily available deposits than in juicing short-term profit.
Nvidia Revenue Outpaces Q1 Forecasts, Partly Driven by Crypto Chip Demand
The revenue for its crypto-specific GPUs is three times the company's projections.
DA Davidson Raises Coinbase Price Target to $440 From $195 After Q1 Earnings
The investment firm said Coinbase could deliver “healthy margins” despite bitcoin's volatility.
Riding Bitcoin Surge, Coinbase Active Users Grew by 117% in Q1 2021; Revenue Tops $1.8B
Numbers published Tuesday ahead of a public listing next week show a profitable Coinbase capitalizing on the current market.
CoinShares Q4 Profit More Than Doubled
Assets under management at the now Nasdaq-listed CoinShares grew by over 300% in 2020.
Galaxy Digital Prepares for US Listing in 2021, Names New CFO
“We believe our industry is at an inflection point as we participate in a once in a lifetime secular shift," said CEO Mike Novogratz.
Analysts Question Silvergate Execs on Whether Crypto Deposit Growth Will Continue
The majority of the new deposits came from cryptocurrency exchange clients.
Coinbase UK Discloses 22% Profit Drop in 2019
The British arm of the U.S. cryptocurrency exchange saw a sharp downturn in business in 2019.
