Earnings
Crypto Trading Drove Over 90% of eToro’s Second Quarter Revenue
eToro reported $2.09 billion in total revenue in Q2, with cryptoassets contributing $1.91 billion.
Circle Unveils Layer-1 Blockchain Arc, Reports $428 Million Q2 Loss
Circle's Q2 financials showed $658 million in revenue, but a net loss of $482 million due to non-cash IPO-linked items.
Coinbase Stock Tumbles 7% After Disappointing Q2 Results
The company posted total revenue of $1.5 billion, lower than the $1.59 billion that analysts had expected.
Strategy Earned $10B in Q2 on Back of Bitcoin Price Gain
Led by Michael Saylor, the company guided to full year net income of $24 billion, or $80 per share, based on a year-end BTC price outlook of $150,000.
Tether Reports $4.9B Net Profit in Q2, Invested $4B in U.S. Initiatives
The firm held roughly $8.9 billion in bitcoin in the reserves, translating to roughly 83,200 coins.
Crypto Exchange Kraken's Earnings Fell 6.8% Year-Over-Year to $79.7M in Q2
The exchange highlighted market turbulence related to the imposing of steeper tariffs by President Trump on trade with the U.S.
Robinhood Q2 Earnings Beat Expectations as Crypto Volumes Climb and Bitstamp Deal Pays Off
Robinhood posted $160 million in revenue from crypto-related trading and $989 million in overall revenue, outpacing expectations as acquisitions are reshaping the firm.
MARA Shares Jump as Q2 Revenue Beats Wall Street's Expectations Thanks to Surging BTC Price
The bitcoin miner said the company posted its highest revenue quarter due to the average price of bitcoin surging 50% during the second quarter.
Robinhood Price Target Doubled by JPMorgan on Crypto and Tokenization Bets
Robinhood’s crypto expansion and introduction of EU tokenized equities spur a long-term valuation boost, analysts said.
Tesla’s Bitcoin Holdings Now Worth $1.2B After 30% BTC Price Rally in Q2
A new accounting rule this year lets companies mark crypto assets to market, benefiting Tesla’s balance sheet.
