Bitcoin mining firm Canaan posts second quarter financials, with Bitcoin mining revenue up 43% from Q1 2023, though net loss also rose 31% to $110 million.
Category: Q2
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Bitcoin Depot Q2 revenue jumps 18% y/y as it plans ATM adds after NASDAQ listing
Bitcoin Depot records $197.5 million in revenue in the second quarter for 2023 spurred on by partnerships with various American retail stores.
Marathon Digital Q2 results miss revenue and earnings forecasts
Despite the earnings miss, Marathon’s CEO said it mined a record 2,926 Bitcoin over the second quarter of 2023.
Nvidia cites limited visibility into crypto mining’s impact on Q2 results
Nvidia’s CFO said falling crypto prices and changes in consensus mechanisms have in the past impacted demand for its products and the company’s ability to estimate it.
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Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021
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‘This is on me’ — Robinhood CEO to lay off 23% of staff after Q2 loss
The online retail broker blamed the economy for a decline in user numbers and net revenue that fell 44% year-on-year, although revenue from crypto rose moderately this quarter.
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Alphabet, Microsoft and Now Meta Release Disappointing Quarterly Earnings
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Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem
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BNB Was the Top Ten’s Best Market Performer in Q2, Bitcoin Takes Second Place — Solana Performed the Worst
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Experts reveal what Tesla’s $936M sell-off means for Bitcoin
Telsa CEO noted that the sale “should not be taken as a verdict on Bitcoin” and is “certainly open to increasing our Bitcoin holdings in the future.”
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