Earnings

Earnings

Finance

Bullish shares surge 14% as subscription revenue offsets digital asset slowdown

Bullish's second-quarter loss of $280 million was mostly attributable to a $244.6 million markdown on the company’s bitcoin holdings.

Tom Farley, CEO of Bullish, and Lynn Martin, President of the New York Stock Exchange, speak at Consensus 2024 by CoinDesk.(Shutterstock/CoinDesk/Suzanne Cordiero)

Markets

CoreWeave surges 16% on $2.58 billion revenue quarter as AI infrastructure demand eclipses crypto

Booming AI demand sends CRWV up 16% and lifts IREN and CIFR as investors favor computing infrastructure over crypto.

CRWV Share Price (TradingView)

Markets

Bitcoin miners tied to AI rise as Nvidia posts big earnings beat and strong outlook

Nvidia's stronger-than-expected results and bullish AI outlook lifted crypto mining stocks tied to data center and high-performance computing demand, even as the chipmaker's shares fell due to growth concerns.

Nvidia forms 37-member AI security alliance without OpenAI, Anthropic or Google.(Nvidia/CoinDesk Archives)

Finance

Kraken parent Payward's Q1 revenue climbs despite crypto market slump

Co-CEO Arjun Sethi said the firm kept investing through market weakness, leaning on acquisitions and futures growth to offset softer spot trading.

Kraken Co-CEO Arjun Sethi at the Securities and Exchange Commission (Jesse Hamilton/CoinDesk)

Videos

U.S. military confirms it's running a live bitcoin node

Admiral Samuel Paparo, commander of U.S. Indo-Pacific Command, told Congress the military is running a live node on the Bitcoin network for monitoring and security tests. It's the first public confirmation from a sitting combatant commander, and signals that Washington is treating Bitcoin as a national security asset. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

U.S. military confirms it's running a live bitcoin node

Finance

Trump family-linked American Bitcoin posts $59 million Q4 loss as bitcoin price slides

The bitcoin mining company now holds over 6,000 BTC, with roughly one-third acquired through mining and two-thirds through open-market purchases and strategic transactions.

Stock market price charts (Anne Nygård/Unsplash)

Markets

Circle Internet, crypto miners report earnings: Crypto Week Ahead

Your look at what's coming in the week starting Feb. 23

An engineer sits at a bank of crypto mining rigs.

Markets

Coinbase, Robinhood earnings, U.S. jobs report: Crypto Week Ahead

Your look at what's coming in the week starting Feb. 9.

Some coins piled on top of a $100 note.

Finance

Kraken parent company Payward posts 33% growth in full-year revenue

The company adopted a multibrand corporate structure to separate its consumer products from infrastructure operations.

Kraken logo

Finance

Bullish Swings to Profit in Third Quarter After Adding Options, U.S. Spot Trading

Shares of the company rose 2% in pre-market trading.

Crypto exchange Bullish goes public on the New York Stock Exchange. (Aoyon Ashraf/Modified by CoinDesk))