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Earnings
Canaan Forecasts Second-Quarter Revenue as High as $250M
The mining equipment maker said total shipments for the second quarter would either maintain or surpass Q1 2021.

CoinShares First-Quarter Earnings More Than Quadruple
The Nasdaq-listed digital asset manager reported a year-on-year increase in comprehensive income of $34.9 million.

Riot Blockchain's Q1 Mining Revenue Rose 881% to $23.2M
The company reported total mined bitcoin rose 62% from the previous quarter.

Galaxy Digital Q1 AUM Rose 58%, Net Comprehensive Income More Than Doubles
Galaxy Digital said in March, Morgan Stanley began offering its wealth management clients access to a number of its bitcoin funds.

Coinbase Boosts Active User Forecast, Reports Q1 Results Inline With Preview
The cryptocurrency exchange boosted its yearly forecast range for "Monthly Transacting Users," a key metric.

Coinbase’s First-Ever Q1 Earnings Report Is Today, but the Real Focus Is on Q2 View
With the company halfway through Q2, analysts want to know what monthly active users looked like for April and May.

PayPal Q1 Transaction Revenue Rose 33% YOY as Total Revenue, EPS Topped Views
The payments giant raised yearly forecasts for net new accounts, total payment volume, revenue and earnings.

Signature Bank Added $3.8B in Non-Interest Bearing Deposits in Q1
These deposits are seen as a proxy for growth among crypto-industry clients.

Silvergate Execs Pressed by Analysts on Yield From Crypto Customer Deposits
In a low interest rate environment, CEO Alan Lane said he is more focused on keeping the Silvergate Exchange Network liquid with readily available deposits than in juicing short-term profit.

How Coinbase's Wild Earnings Stack Up Against Normie Financial Firms
The crypto exchange’s $1.8 billion in quarterly revenue trounced the $1.3 billion earned in all of 2020. Can Coinbase go up from here or will future COIN holders get rekt?
