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Earnings
Galaxy Digital Reports Q3 Earnings of $517M
Income for the fourth quarter currently stands at $400 million.
Bakkt Shares Fall After Crypto Firm Posts Third-Quarter Loss
The digital asset exchange said it had a loss in the third quarter, though revenue rose from last year’s third quarter.
Coinbase Analysts See ‘Green Shoots’ After Weak Third-Quarter Results
The largest U.S. cryptocurrency exchange should benefit from near-term crypto strength and diversification of revenue streams.
Marathon Digital Beats Q3 Earnings Estimate, but Misses on Revenue
The company mined 1,252 bitcoin in the third quarter, a 91% increase from the previous quarter.
Coinbase Shares Tumble as Q3 Revenues Fall Well Short of Estimates
Shares of the largest cryptocurrency exchange in the U.S. fell sharply after the company missed revenue and earning expectations, and trading volume fell compared to the previous quarter.
Palantir Expecting Big Things From New Crypto Security Software
An executive for the data analytics software company said he thinks Palantir’s Foundry product will be a “massive accelerant for crypto companies.”
PayPal’s Q3 Earnings Beat Estimates but Revenues Fall Short
The payments giant added 13.3 million new accounts in the quarter, up from 11.4 million in the prior quarter.
Argo Blockchain Mining Revenue Rose 32% in October
The company mined 167 bitcoin or bitcoin equivalent during the month.
Square’s Cash App Generated $1.8B in Bitcoin Revenue in Q3
The payments firm said bitcoin revenue and gross profit fell in the third quarter versus the prior quarter due to the relative stability in bitcoin prices.
Argo Blockchain Achieves Record Revenue in Third Quarter
The bitcoin miner mined 597 BTC during the quarter.
