Earnings


Finance

Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena

Thursday's reported first-quarter results from miners were a mixed bag.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Finance

Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite

The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.

A Hut 8 mining site (Hut 8)

Finance

Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe

The U.S. regulatory body is investigating related party transactions that may have violated securities laws.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finance

Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate

Cipher has an eye on hashrate of 8.2 EH/s by the end of the year.

A Cipher mining bitcoin farm. (Cipher Mining)

Finance

Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market

The figure compares with a net losses of $111.7 million in the year-earlier period and $288 million in the fourth quarter.

Galaxy Digital CEO Mike Novogratz at the Token 2049 conference in Singapore in 2022 (Sam Reynolds/CoinDesk)

Finance

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago

The company booked $50 million in bitcoin gross profit in the first quarter..

Block's Cash App (Shutterstock)

Finance

Coinbase Losses Expected to Narrow; Analysts Seek Details About International Exchange

Coinbase will report its first-quarter earnings results after the market closes on Thursday.

Coinbase (COIN) reports fourth quarter earnings on Thursday and is expected to post strong numbers as trading volume picked up in the last few months of the year. (Piggybank/Unsplash)

Finance

DCG's CFO Steps Down as Crypto Conglomerate Repays $350M Loan

The company's revenue increased from the fourth quarter as crypto prices soared.

Barry Silbert. CEO & Founder Digital Currency Group (DCG)

Finance

Argo Blockchain Slumps to Full-Year Loss on Bitcoin Price Slide

The crypto mining company is in a stronger position now, interim CEO El-Bakly said.

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)

Markets

Bitcoin Regains $28K Amid Mildly Encouraging Tech Earnings, Liquidation of Short Positions

BTC rose Tuesday afternoon as Alphabet and Microsoft first-quarter earnings surpassed expectations. Both equities and Treasury yields were down on Tuesday, however.

Bitcoin's price will go up if the SEC approves spot bitcoin ETFs, Matrixport said. (Unsplash)