Earnings


Finance

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)

Finance

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.

Finance

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

Finance

Bitcoin Miner Core Scientific’s Full-Year Sales Rise to $545M, Beating Estimates

The miner also reiterated its 2022 hashrate expectations and expects more M&A within the crypto mining industry over the next 12 months.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Finance

DA Davidson Cuts Miner Stronghold’s Target by 40% Ahead of Earnings

The stock is still “super cheap” compared to other mining peers, analyst says.

Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left). 
(Stronghold Digital Mining)

Finance

Bitfarms Reports Q4 Revenue Growth of 33% to $60M, Along With Margin Expansion

The miner booked full-year revenue of $169 million, up 383% versus 2021.

(Aoyon Ashraf)

Finance

Mawson's Q4 Revenue Rises 79% From Q3

The bitcoin miner boosts its hashrate estimate for next year by 10%.

Bitcoin mining machines (Getty Images)

Finance

GameStop Says It Plans to Launch NFT Marketplace by End of July

The struggling video game retailer recently partnered with Immutable X to build out its NFT initiative.

(Justin Sullivan/Getty Images)

Finance

Crypto Miner Hut 8 Reports Surprise Q4 Loss

The company's revenue was in line with expectations, but Ebitda missed estimates.

Hut 8 plant

Finance

Marathon Digital’s Q4 Revenue Rises 17% From Q3, but Misses Estimates Slightly

Mined bitcoin in Q4 fell about 12% from the previous quarter, but rose more than 600% year-over-year.

Marathon Digital to Buy $121M of Mining Machines