Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates
The miner said its adjusted EBITDA swung to loss, compared to previous year's profit.
Coinbase Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume
The crypto exchange posted better-than-expected revenue mostly due to its sales diversification strategy.
MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500
MicroStrategy reported second-quarter earnings on Thursday.
MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500
Still not switching over to mark-to-market, the company booked an impairment charge of $180.1 million in the second quarter.
How Bit Digital is looking to win in the competitive bitcoin mining landscape
Bit Digital CEO Sam Tabar highlights the transformations taking place in the bitcoin mining industry amid the AI boom
Coinbase's second-quarter revenue surges on crypto trading revival
Crypto markets have gotten a shot in the arm this year from the U.S. Securities and Exchange Commission's approval of an exchange-traded fund to track the spot price of bitcoin and more recently, ether, the second-biggest crypto token. Shares in the crypto exchange rose 2.2% in extended trading after results. Coinbase's total transaction revenue climbed to $780.9 million in the second quarter, compared with $327.1 million in the year-ago quarter.
