Earnings


Finance

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.

mining

Markets

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.

CoinShares CEO Jean-Marie Mognetti

Markets

Riot Blockchain's Q1 Mining Revenue Rose 881% to $23.2M

The company reported total mined bitcoin rose 62% from the previous quarter.

Bitcoin mining equipment

Markets

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.

Galaxy CEO Mike Novogratz

Markets

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 app

Finance

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.

Coinbase CEO Brian Armstrong

Markets

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.

PayPal

Markets

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.

Signature Bank Chairman Scott A. Shay

Markets

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.

Silvergate CEO Alan Lane (CoinDesk)

Finance

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?

Coinbase on phone