Earnings


Finance

Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low

The mining firm has a liquidity position of $4.5 million and outstanding loan principal of $138.5 million.

Rig de minería cripto. (South_agency/Getty Images)

Finance

Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022

The miner is targeting 9 EH/s for the end of the year, but continues to guide to 23 EH/s by the middle of 2023.

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

Finance

Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings

Riot said its revenues declined as it powered down its Texas operations amid surging electricity demand.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

Finance

Jack Dorsey's Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump

Block cited declines in consumer demand and the price of bitcoin for its bitcoin-based revenue decline.

CASH app on Smartphone next to $100 dollar bill (Shutterstock)

Finance

Lending Platform SoFi's Revenue Jumps 56% in Q3

The company's Nasdaq-listed shares rose 13% in premarket trading.

(Unsplash)

Finance

WisdomTree's Q3 Crypto Assets Under Management Falls 36%

The decline was 33% from the second quarter, which coincides with a downturn across the digital-asset market.

Asset manager WisdomTree (WETF) managed crypto assets worth $265 million in Q2, a decrease of nearly 12% compared to the equivalent figure of $300 million a year ago (Tumisu/Pixabay)

Finance

Silvergate Shares Drop as USD Transfers, Digital Deposits Slowed in Q3

The digital asset bank grew its customer base to 1,677 during the third quarter.

Silvergate CEO Alan Lane at Consensus 2016 (CoinDesk archives)

Finance

Crypto Exchange Coinbase Could Earn $1.2B in Revenue Next Year From Higher Interest Rates, JPMorgan Says

Over half of that would come from the company's share of interest income from USDC reserves.

Coinbase podría beneficiarse por el incremento de las tasas de interés. (Robert Nickelsberg/Getty Images)

Finance

Sell-Side Analysts Trim Targets for Bitcoin Miner Argo Blockchain

Earlier this week, Argo lowered its year-end hashrate outlook from 5 EH/s to 3.2 EH/s.

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