Earnings


Finance

Tesla Made No Changes to Bitcoin Holdings in First Quarter

The valuation of bitcoin held on its balance sheet remained flat from the previous quarter at $184 million.

Tesla has previously written down crypto holdings in accounting rules the industry says need an overhaul. (Justin Sullivan/Getty Images)

Finance

BNY Mellon CEO Says the Bank Is Going 'Incredibly Slow' on Crypto

Robin Vince said the lender won't be as aggressive as other banks have been in trying to gain crypto deposits.

(Spencer Platt/Getty Images)

Finance

Bitcoin Miner TeraWulf Reports 146% Increase in Revenue as It Ramps Up Operations

The company reiterated its 5.5 EH/s computing power target for the second quarter of this year.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s

Fourth-quarter revenue of $23.4 million was driven mainly by selling energy to the power grid rather than crypto mining.

Stronghold Digital Mining CEO Greg Beard (right) and Co-Chairman Bill Spence (left).  (Stronghold Digital Mining)

Finance

Bitcoin Miner Bitfarms Sinks to Fourth-Quarter Loss as Difficulty, Costs Rise

Bitfarms is shooting for 6 exahash per second of computing power by the end of 2023, the same goal it had set, and missed, for 2022.

(Eliza Gkritsi/CoinDesk)

Finance

Bitcoin Miner Hut 8 Talks Operational Issues and U.S. Bitcoin Corp. Merger in Earnings Call

Management spoke to investors on Thursday morning following release of the company's fourth-quarter and full-year 2022 results.

A Hut 8 mining facility (hut8.io)

Finance

Payments Technology Firm Nuvei Q4 Crypto Revenue Drops 58% From Year Ago

The company's overall revenue climbed 4% to $220.3 million.

(Shutterstock)

Finance

Crypto Mining Rig Maker Canaan's Q4 Revenue Sunk 82% to $56.8M

The firm reported Q4 net loss per ADS of 38 cents compared to $1 for the same period in 2021.

Nangeng Zhang, CEO of Canaan Creative (Nangeng Zhang)

Finance

Bitcoin Miner Marathon Digital to Restate Some Results on Accounting Issues

The firm will also delay the reporting of its 2022 Q4 earnings, which had previously been scheduled for late Tuesday afternoon.

Marathon Digital CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)

Finance

Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022

DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million.

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