Earnings


Finance

Meta Reports Loss of $10.2B on Augmented/Virtual Reality Operations in 2021

The company formerly known as Facebook also reported 2021 revenue of $2.3 billion from the newly broken out division.

MENLO PARK, CALIFORNIA - OCTOBER 28: A pedestrian walks in front of a new logo and the name 'Meta' on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. A new name and logo were unveiled at Facebook headquarters after a much anticipated name change for the social media platform. (Photo by Justin Sullivan/Getty Images)

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MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4

MicroStrategy (MSTR) reported a non-cash digital asset impairment charge of $146.6 million in the fourth quarter, up from $65.2 million in the prior quarter, according to its latest earnings statement. This comes as bitcoin enters into a bear market. “The Hash” team discusses the specifics and the potential silver lining ahead.

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Finance

Greenidge Q4 Revenue Rises Even as the Number of Coins Mined Falls

The number of mined bitcoins fell 16% from the previous quarter while hashrate rose 17%.

Greenidge Generation's bitcoin mining facility.

Finance

PayPal Shares Slump as Revenue Growth Slows

The payment giant’s quarterly revenue increased 13% in the fourth quarter, down from a 25% increase a year ago.

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Finance

Visa Customers Made $2.5B in Crypto-Linked Payments in Fiscal Q1

Payments volume in the quarter was 70% of the company's total crypto volume during its previous fiscal year.

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Finance

WisdomTree's Fourth-Quarter Crypto Assets Managed Rises 5-Fold

WisdomTree managed an average of $406 million in digital assets during the quarter, up from $79 million in the year-earlier period.

(Shutterstock)

Finance

Robinhood Shares Slump as Crypto Trading Weakness Continues

The popular no-commission trading platform saw its crypto revenue decline for the second straight quarter.

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

Finance

Tesla Reports Bitcoin Holdings Unchanged in Q4

The electric car maker did not buy or sell any of the bitcoin held on its balance sheet, nor did it record any impairments.

(Getty Images)

Finance

Silvergate Bank's Q4 Earnings Misses Estimates

Profit at the crypto-focused bank more than doubled from a year earlier, but fell 22% from the third quarter.

Silvergate CEO Alan Lane (CoinDesk)

Finance

BIT Mining’s Q4 Revenue to Fall Due to Its Mining Pool Exiting China

The crypto mining firm is working to mitigate the revenue lost during its migration out of China.

Racks of bitcoin miners (Andrey Rudakov/Bloomberg via Getty Images)