Follow earnings-related crypto news, quarterly results, mining revenue, exchange performance, and financial updates from digital asset firms.
The chipmaker ended June with 314 unrestricted coins after sales helped erase convertible debt and lift cash to $21 million.
The token rewards roughly matched its non-GAAP cash-cost proxy but remained unsold as warrants for up to 33.5 million shares became exercisable.
Bitstamp volume fell 48% from Q1 to Q2, compared with a 25% decline on the Robinhood App. The App metric also began including WonderFi trades in June.
Robinhood spent years building a blockchain for serious Wall Street assets, but a viral cat coin just hijacked its whole plan.
Borrowings reached £847,000 at period end, while an uncompleted lender switch is management’s preferred alternative to more asset sales.
The filing shows $134.267 million gross, $133.084 million in transaction costs, and no standalone crypto profit figure.
The Q2 split favored colocation, although management did not say conversion had become compulsory.
STRC was built to trade near $100, but its drop toward $92 is testing one of Michael Saylor’s key funding channels.
As debt, dividends, and buybacks enter the picture, some companies are starting to treat Bitcoin less like a sacred reserve and more like liquidity.
