Earnings


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)

Finance

Block’s Q4 Bitcoin Revenue Fell 7% Year Over Year to $1.83B

For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.

Block's Cash App (Shutterstock)

Finance

What Coinbase's Q4 Earnings Mean for Crypto Adoption

Anthony Georgiades, co-founder of Pastel Network, said investors are right to be wary but “digital assets are certainly here to stay.”

(Robert Nickelsberg/Getty Images)

Finance

Coinbase Off to a Good Start in 2023: JPMorgan

One of the biggest contributors to revenue in the fourth quarter was from Coinbase’s relationship with Circle, the report said.

(Chesnot/Getty Images)