Earnings
Hut 8's Q2 Loss Widens to $69M, Continues to 'Hodl' Bitcoin
The lower price of bitcoin and higher power costs hurt the results.
After Brutal Q2, Coinbase Needs to ‘Get Smart’ About Revenue Streams: Analyst Says
Michael Safai, managing partner at Dexterity Capital, joined CoinDesk TV’s “First Mover” to discuss Coinbase's second-quarter earnings and the outlook for the crypto exchange.
Bitcoin Miner Riot Blockchain Delays Earnings Report to Sort Out How Much Crypto Rout Devalued Its Assets
Its rivals Marathon, Cipher and CleanSpark all managed to get their results out this week as expected.
CleanSpark Raises Year-End Hashrate Guidance, Sets 2023 Outlook
The miner suffered a $29.3 million loss for the fiscal quarter, partly driven by the previously disclosed decision to sell its energy assets.
Coinbase Shares Drop as Crypto Winter Takes Toll on Exchange's Trading Volume
The company faced earnings headwinds, although prices have stabilized recently and the company just struck a deal with BlackRock.
Cipher Mining Lowers Per-Terahash Cost of Crypto Mining Rigs Even as Quarterly Loss Widens
The miner expects to have 6.9 exahashes per second of computing power deployed by early 2023.
Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility
The dramatic decline in bitcoin prices led to a $127.6 million impairment on the company's BTC holdings in the second quarter.
SoftBank Reports Record Quarterly Loss
The company, which has invested in crypto projects, cited a global tech sell-off and weaker yen.
Galaxy Digital's Q2 Net Loss More Than Triples to $554.7M Amid Market Downturn
Company assets under management fell 40% from the first quarter.
Block Beats Q2 Estimates but Bitcoin Revenues Fall
Despite beating projections, the payments company said its overall revenue fell because of a decrease in bitcoin revenue.
