Earnings


Finance

DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit

The first-quarter loss is a stark turnaround from the previous quarter, when Sky registered a $31 million profit.

Rune Christensen

Markets

Coinbase Earnings Pain Likely as Retail Activity Slumps, Wall Street Analysts Warn

Barclays, JPMorgan, Compass Point and Oppenheimer all cut their first-quarter forecasts last month, citing weaker crypto trading.

Coinbase. (appshunter.io/Unsplash)

Markets

Strategy Raising Another $21B to Buy Bitcoin, Posts Large Q1 Loss on BTC Price Decline

The company boosted its BTC Yield target to 25% from 15% and its BTC $ Gain Target to $15 billion from $10 billion.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

Robinhood's Surprise Earnings Beat Despite Trading Lull Could be Positive for Coinbase

The trading platform’s results could give an indication for Coinbase’s earnings on May 8.

Robinhood shares could benefit from SEC dropping Coinbase case. (Shutterstock)

Markets

Robinhood Crypto Revenue Expected to Fall in Q1 After Record Late 2024 Gain: JPMorgan

After a 700% surge in Q4 crypto revenue, analysts now expect a pullback in Q1 as trading activity slows.

Cathie Wood’s ARK Invest Buys 1.3M Robinhood Shares on Nasdaq Debut

Markets

Galaxy Digital Reaches $200M Settlement Agreement With NYAG Over LUNA Investments

Galaxy reported profit of $174 million and $365 million for Q4 and the full year of 2024, respectively

Mike Novogratz, founder and CEO of Galaxy Digital

Finance

Bitcoin Miners Drawing Power From Grids Will Face 'Reckoning' Post Next Halving, MARA Says

With rising energy cost, many miners may not survive the 2028 halving, MARA said.

Marathon Digital CEO Fred Thiel (CoinDesk "First Mover" screenshot)

Markets

Bitdeer Q4 Loss Widens to $532M as Miner Focuses on ASIC Development for 2025 Growth

The bitcoin mining firm faced revenue declines but is betting on proprietary ASIC chips to drive future expansion.

(Bitdeer Group)

Markets

Coinbase Benefits From Strong Near-Term Momentum, 2025 Is Off to a Good Start: JMP

The broker raised its Coinbase price target to $475 from $400 while maintaining its market outperform rating on the stock.

Coinbase. (Shutterstock)