Earnings
Bitcoin Miner Iris Energy Reports Record Earnings, With Expansion on Track
The company said construction at its Mackenzie facility in British Columbia, Canada is ahead of schedule.
Meta Reports Loss of $10.2B on Augmented/Virtual Reality Operations in 2021
The company formerly known as Facebook also reported 2021 revenue of $2.3 billion from the newly broken out division.
MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4
MicroStrategy (MSTR) reported a non-cash digital asset impairment charge of $146.6 million in the fourth quarter, up from $65.2 million in the prior quarter, according to its latest earnings statement. This comes as bitcoin enters into a bear market. “The Hash” team discusses the specifics and the potential silver lining ahead.
Greenidge Q4 Revenue Rises Even as the Number of Coins Mined Falls
The number of mined bitcoins fell 16% from the previous quarter while hashrate rose 17%.
PayPal Shares Slump as Revenue Growth Slows
The payment giant’s quarterly revenue increased 13% in the fourth quarter, down from a 25% increase a year ago.
Visa Customers Made $2.5B in Crypto-Linked Payments in Fiscal Q1
Payments volume in the quarter was 70% of the company's total crypto volume during its previous fiscal year.
WisdomTree's Fourth-Quarter Crypto Assets Managed Rises 5-Fold
WisdomTree managed an average of $406 million in digital assets during the quarter, up from $79 million in the year-earlier period.
Robinhood Shares Slump as Crypto Trading Weakness Continues
The popular no-commission trading platform saw its crypto revenue decline for the second straight quarter.
Tesla Reports Bitcoin Holdings Unchanged in Q4
The electric car maker did not buy or sell any of the bitcoin held on its balance sheet, nor did it record any impairments.
Silvergate Bank's Q4 Earnings Misses Estimates
Profit at the crypto-focused bank more than doubled from a year earlier, but fell 22% from the third quarter.
