Robinhood Q2 crypto revenue surges 161% on rising trading volume
The $81 million Robinhood made in crypto revenue was more than double made from equities in Q2. Go to Source
Quarterly Results
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Bitcoin miner Riot Platforms reports record $211M Q1 net income
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine. Go to Source
MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account. Go to Source
Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges
Marathon announced a 467% increase in Bitcoin production year-on-year in the third quarter, while hashrate rose over 400% in the same timeframe. Go to Source
MicroStrategy’s Bitcoin bag is up $900M amid BTC price surge
Michael Saylor founded MicroStrategy has bought 6,067 Bitcoin since the start of the third quarter. Go to Source
MicroStrategy’s Bitcoin conviction ‘strong’ as it posts Q1 profit
The one-time income tax benefit helped the firm reach a profit of $94 million in the first quarter of 2023. Go to Source Powered by WPeMatico
Metaverse division’s $4B loss drags on positive first quarter for Meta
Zuckerberg expects Reality Labs operating losses to increase year-over-year in 2023. Go to Source Powered by WPeMatico
