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Earnings
Core Scientific Cuts Hashrate Outlook, Q1 Revenue Misses Estimates
Despite the shortfalls, the bitcoin miner's shares were up in after-hours trading.
Bitcoin Miner Iris Energy Reiterates Hashrate View; Revenue Misses Estimates
The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago.
Coinbase Shares Plunge as Weak Earnings Prompt Near-Term Caution
Shares of Coinbase Global (COIN) tumbled nearly 25% Wednesday after the crypto exchange reported disappointing first-quarter earnings. Still, CEO Brian Armstrong tweeted his company is in no danger of bankruptcy, and that its latest SEC filing is simply a requirement. “The Hash” hosts discuss the outlook for Coinbase amid a sour mood in the markets.
Bitcoin Miner Riot First-Quarter Revenue Misses Estimate
The miner reiterated its hashrate guidance of 12.8 EH/s
Bitcoin Miner CleanSpark Tops Quarterly Estimates
The company funded its growth and capital expenditure plans with the sale of mined bitcoin.
Coinbase Faces Q1 Earnings Challenge as Crypto Markets Weaken
Coinbase’s first-quarter results could see some soft spots as crypto prices continue to retreat.
Block Misses Q1 Estimates, Posts $1.73B in Bitcoin Transactions
The payments firm formerly known as Square said it didn’t record any bitcoin impairment charges in the quarter.
Marathon Digital Beats Q1 Sales, EBITDA Estimates
The miner also reported an impairment charge of $19.6 million related to its self-mined bitcoin.
CoinShares' Preliminary Q1 Earnings Slump 45% From Year Ago
The stagnant crypto market has hit the digital asset manager.
Marathon Digital Kicks Off Miners’ Earnings Season With Focus on Rig Deployment, Funding
The bitcoin miner will report its first-quarter results on Wednesday, followed by its first-ever earnings conference call.