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Earnings
CleanSpark Raises Year-End Hashrate Guidance, Sets 2023 Outlook
The miner suffered a $29.3 million loss for the fiscal quarter, partly driven by the previously disclosed decision to sell its energy assets.
Coinbase Shares Drop as Crypto Winter Takes Toll on Exchange's Trading Volume
The company faced earnings headwinds, although prices have stabilized recently and the company just struck a deal with BlackRock.
Cipher Mining Lowers Per-Terahash Cost of Crypto Mining Rigs Even as Quarterly Loss Widens
The miner expects to have 6.9 exahashes per second of computing power deployed by early 2023.
Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility
The dramatic decline in bitcoin prices led to a $127.6 million impairment on the company's BTC holdings in the second quarter.
SoftBank Reports Record Quarterly Loss
The company, which has invested in crypto projects, cited a global tech sell-off and weaker yen.
Galaxy Digital's Q2 Net Loss More Than Triples to $554.7M Amid Market Downturn
Company assets under management fell 40% from the first quarter.
Block Beats Q2 Estimates but Bitcoin Revenues Fall
Despite beating projections, the payments company said its overall revenue fell because of a decrease in bitcoin revenue.
MicroStrategy's Bitcoin Maximalist CEO Saylor Hands Job to Deputy, Takes Executive Chairman Role
Saylor says he plans to focus on buying bitcoin, leaving MicroStrategy's software business in the hands of the new CEO.
Broker Robinhood Slashing Nearly One-Quarter of Workforce
Crypto business rose for the company in the second quarter even as overall trading revenue slipped.
MicroStrategy Reports $918M Impairment Charge on Bitcoin Holdings in Q2
The software firm owns 129,699 bitcoins worth approximately $3 billion.
