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Quarterly Results – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 08 Aug 2024 00:01:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Quarterly Results – DIGIT INFO https://www.digit.info 32 32 Robinhood Q2 crypto revenue surges 161% on rising trading volume https://www.digit.info/robinhood-q2-crypto-revenue-surges-161-on-rising-trading-volume/ Thu, 08 Aug 2024 00:01:58 +0000 https://www.digit.info/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.

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Bitcoin miner Riot Platforms reports record $211M Q1 net income https://www.digit.info/bitcoin-miner-riot-platforms-reports-record-211m-q1-net-income/ Thu, 02 May 2024 00:22:40 +0000 https://www.digit.info/2024/05/02/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.

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MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues https://www.digit.info/microstrategy-q1-net-loss-hits-53-1m-but-bitcoin-buying-spree-continues/ Mon, 29 Apr 2024 23:52:24 +0000 https://www.digit.info/2024/04/29/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.

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Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges https://www.digit.info/marathon-digital-sees-670-revenue-gain-in-q3-as-bitcoin-production-surges/ Thu, 09 Nov 2023 02:58:00 +0000 https://www.digit.info/2023/11/09/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.

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MicroStrategy’s Bitcoin bag is up $900M amid BTC price surge https://www.digit.info/microstrategys-bitcoin-bag-is-up-900m-amid-btc-price-surge/ Thu, 02 Nov 2023 00:16:21 +0000 https://www.digit.info/2023/11/02/microstrategys-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.

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MicroStrategy’s Bitcoin conviction ‘strong’ as it posts Q1 profit https://www.digit.info/microstrategys-bitcoin-conviction-strong-as-it-posts-q1-profit/ Tue, 02 May 2023 00:52:40 +0000 https://www.digit.info/2023/05/02/microstrategys-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.

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Metaverse division’s $4B loss drags on positive first quarter for Meta https://www.digit.info/metaverse-divisions-4b-loss-drags-on-positive-first-quarter-for-meta/ Thu, 27 Apr 2023 00:11:16 +0000 https://www.digit.info/2023/04/27/metaverse-divisions-4b-loss-drags-on-positive-first-quarter-for-meta/

Zuckerberg expects Reality Labs operating losses to increase year-over-year in 2023.

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