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Earnings
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.
MicroStrategy Adds Almost 9,000 Bitcoins to Its Holdings in Third Quarter
The company’s bitcoin holdings are worth just over $7 billion, while its entire market capitalization is roughly $7.4 billion.
Robinhood Shares Fall as Crypto Trading Revenue Declines Sharply
The popular trading platform said reduced crypto trading activity led to significantly fewer new funded accounts and lower revenue in the third quarter.
Facebook to Break Out Results for Augmented/Virtual Reality Division Starting in Q4
The social network’s move reflects how important it considers the metaverse to its future.
AMEX CEO Says Crypto Is Unlikely a Threat to Traditional Credit Cards
Crypto, though, can make cross-border payments “a lot more seamless,” he said.
Silvergate Capital 3Q EPS Beats Estimates; Digital Currency Deposits Grew to $11.2B
Digital currency customers grew to 1,305 from 928 in the year-earlier period.
Signature Bank’s Q3 Deposits Grow by $10B to $95.57B
Q3 net income increased to $241.4M from $138.6M during the same period last year.
Voyager Digital Fiscal Q1 Revenue Falls 40% From 4Q
The crypto broker’s publicly traded shares were down 14% on the Toronto Stock Exchange.
