Earnings


Finanza

Robinhood's Q1 Crypto Revenue Rises Slightly From Previous Quarter

The company's quarterly revenue from cryptocurrency trading increased about $6 million to $54 million.

CoinDesk placeholder image

Finanza

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.

Semiconductor manufacturer TSMC did not mention crypto mining in its latest earnings. (Unsplash)

Finanza

Meta Platforms' 'Metaverse' Division Loses $3B in 1Q

Facebook's parent company reported revenue of $695 million for the division, which beat analysts' expectations.

Facebook CEO Mark Zuckerberg during testimony about the Libra digital currency project before the House Financial Services Committee on October 23, 2019.

Finanza

Tesla’s Bitcoin Holdings Unchanged in Q1

The electric car maker hasn’t bought or sold any of the bitcoin held on its balance sheet for the past four quarters.

Tesla CEO Elon Musk (Getty Images)

Finanza

Silvergate Capital May Expand Its Bitcoin Lending Program, CEO Says

The comment came after the bank reported earnings that beat estimates, sending its shares up 13%.

Silvergate Capital CEO Alan Lane (Silvergate)

Finanza

Silvergate Bank's Q1 Net Income Nearly Doubles to $24.7M

The first-quarter earnings per share of $0.79 was also an increase of over 40% compared with the $0.55 figure of a year ago.

Silvergate CEO Alan Lane (CoinDesk)

Finanza

Bitcoin Miner Greenidge Q4 Revenue Matches Estimate; Reiterates Hashrate Guidance

The company also said permission for operations to continue at its New York facility has been delayed again.

Greenidge Mining center

Finanza

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.

Galaxy founder Mike Novogratz (Amir Hamja/Bloomberg via Getty Images)

Finanza

Analyst Still Positive on Stronghold Digital Despite Miss, Citing Miner’s Low Costs

The bitcoin miner’s stock tumbled more than 30% after it missed earnings estimates and said it won’t reach its 2022 hashrate goal.

Stronghold's power plant in Northeastern Pennsylvania.

Finanza

Stronghold Digital's Stock Tanks as Q4 Results Miss Estimates

The bitcoin miner said it no longer believes its original target of 8.0 exahash per second in computing power by the end of 2022 is achievable.

Stronghold Digital Mining Raises $105M to Turn Waste Coal Into Bitcoin