Earnings
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.
DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit
The first-quarter loss is a stark turnaround from the previous quarter, when Sky registered a $31 million profit.
Coinbase Earnings Pain Likely as Retail Activity Slumps, Wall Street Analysts Warn
Barclays, JPMorgan, Compass Point and Oppenheimer all cut their first-quarter forecasts last month, citing weaker crypto trading.
Strategy Raising Another $21B to Buy Bitcoin, Posts Large Q1 Loss on BTC Price Decline
The company boosted its BTC Yield target to 25% from 15% and its BTC $ Gain Target to $15 billion from $10 billion.
Robinhood's Surprise Earnings Beat Despite Trading Lull Could be Positive for Coinbase
The trading platform’s results could give an indication for Coinbase’s earnings on May 8.
