2024-8-2 12:55 |
The company's loss per share doubled to $0.32. origin »
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MicroStrategy posted a net loss of $123 million for the second quarter, an improvement from the $137 million loss in the previous quarter. The company narrowed its quarterly losses on the back of lower impairment losses and a strategic increase in Bitcoin holdings, which now total 226,500 BTC.
2024-8-2 01:45 | |
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Bitcoin miner Riot Platforms reported a net loss of $84. 4 million for the second quarter, compared to a net loss of $27. 4 million during the same period last year. Despite the financial setback, the company reported $70.
2024-8-1 02:06 | |
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Hours after prominent Indian cryptocurrency exchange WazirX fell prey to a cyber attack which led to a loss of funds exceeding $230 million, the company has revealed its preliminary findings related to it.
2024-7-19 21:44 | |
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CoinStats, a leading crypto portfolio management platform, has introduced a new update. The company has unveiled Portfolio Analytics 2. 0, which includes an enhanced Profit & Loss (P/L) calculation feature.
2024-6-18 17:00 | |
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The U.S. Supreme Court ruled against Coinbase Inc. (COIN) in its dispute over which legal agreement should hold sway when parties are under two distinct contracts and the first of them calls for arbitration, finding the company's case was "unpersuasive" and that the courts need to work those questions out when they arise.
2024-5-26 20:43 | |
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Core Scientific reported a $210. 7 million net income for the first quarter on May 8. The change represents an increase of $211. 1 million from the first quarter of 2023, when the company reported a net loss of $0.
2024-5-9 03:41 | |
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Fejiro Hanu, CEO of Nigerian crypto exchange platform Patricia, recently took to his X account to refute rumors circulating about the exchange’s imminent closure amid its battle to scale customer fund loss.
2024-5-2 12:25 | |
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The release of the company’s shareholder letter for the third quarter of 2022 was announced today by Coinbase Global, Inc. (the “Company” or “Coinbase”). According to the report, $COIN filed a net loss of $545 Million. The shareholder’s letter claims…
2022-11-5 18:00 | |
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Meta’s problems continue as it records a $3. 67 billion loss in the third quarter of 2022. Mark Zuckerberg remains optimistic about the prospects of the company, saying it has a “strong impact on the future”.
2022-10-28 21:50 | |
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No one said the shift to web3 would be easy. That’s certainly the sentiment at Meta, which saw drops in sales and profits in their quarterly earnings announcement this week. Reality Labs, the tech-driven division of the company that is focused on VR and AR hardware and software and other metaverse-related verticals, posted a loss […]
2022-10-27 08:27 | |
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The U.K.-based company also reported a loss of $16 million last year, up from $4.1 million in 2020.
2022-10-13 22:53 | |
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Buying the dip is essential for MicroStrategy as the company’s reserve of nearly 129,699 BTC currently suffers an aggregated value loss of over $1 billion.
2022-9-10 11:00 | |
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Shares of Bitfarms Ltd (NASDAQ: BITF) are up more than 15% on Monday after the bitcoin mining company reported its financial results for the second quarter. Bitfarms Q2 financial highlights Net loss printed at $142 million versus the year-ago $4.
2022-8-16 21:06 | |
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It’s the largest quarterly net loss for the crypto company since its listing on the Nasdaq Stock Exchange in April 2021.
2022-8-11 05:25 | |
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MicroStrategy, the largest bitcoin holding-publicly-traded company in the world, took a non-cash digital asset impairment charge in the third quarter, up from $424 million in the second quarter, the latest filings have shown.
2022-8-6 20:18 | |
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Mark Zuckerberg's company, which posted a sharp loss in its Metaverse division in Q2, unveiled its digital asset expansion strategy on May 10, 2022.
2022-8-5 20:15 | |
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Online dating company Match Group has cut back on its Metaverse Dating and Tinder Coin plans following disappointing Q2 results. The post Match Group shelves Tinder Coin, Metaverse Dating after company swings to a loss in Q2 appeared first on CryptoSlate.
2022-8-3 20:19 | |
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MicroStrategy co-founder Michael Saylor has relinquished his position as chief executive after reporting a $1 billion loss on the company's Bitcoin holdings. The post Saylor Steps Down as MicroStrategy CEO to Double Down on Bitcoin appeared first on BeInCrypto.
2022-8-4 15:00 | |
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Meta CEO Mark Zuckerberg said that the company is expected to lose a significant amount of money on the metaverse in the short term. The post Metaverse Will Result in ‘Significant’ Loss in the Short Term: Mark Zuckerberg appeared first on BeInCrypto.
2022-5-27 09:00 | |
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Binance CEO Changpeng ‘CZ’ Zhao has released the chat logs of the company’s internal leadership team during the Terra crisis. The post Binance took just 5 minutes to get over loss of $1.6B in LUNA appeared first on CryptoSlate.
2022-5-23 13:10 | |
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As a result of the recent cryptocurrency market fall, Michael Saylor’s company, MicroStrategy, now has an unrealized loss on its bitcoin assets. With approximately 130,000 BTC, the company is the largest corporate owner of the principal digital asset.
2022-5-13 21:41 | |
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MicroStrategy, the publicly traded company with a 129,218 BTC-strong treasury published its Q1 2022 earnings report on Tuesday.
2022-5-4 15:07 | |
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On Tuesday, the crypto market looked good in comparison to Netflix (NFLX). The shares of the world’s leading streaming company fell 27% to $256 in after-hours trading reaching 2019 levels after announcing a massive loss of 200,000 subscribers in the first quarter of 2022.
2022-4-20 10:40 | |
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Meta, Facebook’s parent company, still believes in its metaverse plan. The social media giant has reported a loss of over $10 billion during its first ventures into the metaverse. The loss was reported during Facebook’s recent earnings call.
2022-2-5 15:50 | |
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Chainge Finance, a crypto fintech company, launches the next-generation version of staking – Time Framing: a feature that eliminates the risks and rigidity that usually come with regular staking, as well as impermanent loss altogether when it comes to Futures liquidity pools.
2021-12-21 20:03 | |
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Centralized cryptocurrency exchange BitMart got hacked over the weekend resulting in the loss of about $150 million. The tokens affected were mainly meme coins like Safemoon, BabyDoge, Floki, Starship, Bpay, Moonshot, Stack, and others, as well as BNB, as per blockchain security and data analytics company PeckShield Inc.
2021-12-6 19:07 | |
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Bancor, a standard for decentralized exchange networks, is launching the third version of its protocol. The protocol serves as a solution to Impermanent Loss, a flaw discovered after the company launched the first DeFi liquidity pool in 2017.
2021-11-23 01:03 | |
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Chinese tech company Meitu, which made several investments in the two largest cryptocurrencies between March and April of 2021, revealed its impairment loss on Bitcoin holdings in a recent interim results announcement.
2021-8-27 19:00 | |
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DAO Maker, a crypto fundraising platform commonly mistaken for MakerDAO, suffered a hack that resulted in the loss of more than $7. 00 million (£5. 07 million). A report unveiled this news on August 12, citing a disclosure from PeckShield, a Chinese blockchain security company.
2021-8-13 21:27 | |
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MicroStrategy’s second-quarter financial results show a loss in its bitcoin investments, but the company will continue to amass the cryptocurrency. The post MicroStrategy Q2 Financials Reflect Losses Due to Crypto Market Crash appeared first on BeInCrypto.
2021-7-30 14:30 | |
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Meitu, a software tech company based in Hong Kong, has said that it recorded a loss of $17. 3 million on its Bitcoin portfolios, while in contrast, it recorded a $14. 7 million gain on its Ethereum investment.
2021-7-8 19:00 | |
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StakeHound has announced that it is suing crypto-custody firm Fireblocks for the loss of 38,178 ETH that has been rendered inaccessible due to negligence of the company. The press release said that they had been informed of the incident on the 2nd of May 2021.
2021-6-24 02:00 | |
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There has been speculation by Crypto analyst ‘CryptoWhale’, that the CEO of MicroStrategy, Micheal Saylor, is close to incurring a net loss from the company’s investment in Bitcoin, as the cryptocurrency has been highly volatile in recent times.
2021-6-22 15:55 | |
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Twelve months earlier, the company recorded a comprehensive loss of $26.9 million.
2021-5-18 18:30 | |
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The online marketplace company also posted a larger quarterly loss, hit by a higher tax bill. Meanwhile, its fintech arm, Mercado Pago, reported a surge of 81. 8% in total payment volume during the pandemic.
2021-5-7 17:26 | |
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Electric Vehicle boss Elon Musk has casually reacted to the $15. 2 billion loss sustained by Tesla yesterday. On Monday, the company’s shares took an 8. 6% downslide. The result was a staggering $15.
2021-2-24 19:58 | |
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A live stream from a People's Court in Beijing revealed that Bitmain recorded a loss of about $60 million in 2019, according to the firm’s lawyer. The court hearing was about a labor dispute betwThe post Company lawyer says Bitmain suffered $60 million loss in 2019 appeared first on AMBCrypto.
2020-12-19 23:30 | |
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The third quarter was tough for mining rig manufacturers as the impact of COVID-19 continued to weigh heavily on the space.
2020-12-1 22:00 | |
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Coinspeaker SFIX Stock Tanked More Than 16% after Stitch Fix Reported Huge Q4 LossFollowing the company's report, its shares dropped. SFIX stock closed at $31. 38 per share yesterday, or 7.
2020-9-23 14:01 | |
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Canaan Inc, a leading Chinese Bitcoin mining hardware manufacturer published its unaudited second quarter (2020) financial results. As per the report, the company’s gross profit increased year over The post Bitcoin mining rig manufacturer Canaan posted net loss, CEO cites Covid-19 and BTC halving appeared first on AMBCrypto.
2020-9-1 01:11 | |
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Coinspeaker Klarna Reports Its First Half 2020 Results with Sevenfold Net Loss Compared to Previous YearKlarna Bank released its interim report for the first half of 2020. The report indicated that the company experienced growth in some sectors despite a net loss of $59.
2020-8-28 11:47 | |
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CYBAVO, a cybersecurity company offering digital asset custody platforms for enterprise, with the support of Lockton Companies, has reached an agreement with a S&P AA-rated international insurance company to provide CYBAVO with a digital asset loss insurance coverage bringing additional security to their institutional wallet customers.
2020-7-30 13:44 | |
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Coinspeaker AAPL Stock Down 4. 8%, Apple Reveals Lineup for WWDC20As most stocks turned red yesterday, Apple (AAPL) stock closed the day with a 4. 80% loss. Meanwhile, the company revealed the lineup for its WWDC20 that will take place virtually from June 22 to 26.
2020-6-12 14:35 | |
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Since its IPO, Canaan has faced a host of problems. In fact, its Q4 filings with the SEC revealed that the company had reported a net loss of $5.6 million in Q1 2020, a figure that was 41% lower when The post Canaan's loss might be Bitmain, Whatsminer's gain appeared first on AMBCrypto.
2020-5-30 11:00 | |
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Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5. 6 million for the first quarter of 2020, down from $9. 5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent the heavy loss.
2020-5-24 06:01 | |
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Canaan?s mining equipment sales infected by the virus as the company sees a quarterly net loss of $5.6 mln
2020-5-22 17:35 | |
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Coinspeaker Inovio (INO) Stock Rises 5. 40% Today after 14. 55% Loss on FridayWhile the company has had great gains as it works on a COVID-19 vaccine, Inovio (INO) stock fell last Friday, was down in the-premarket today but is up as trading began.
2020-5-5 18:43 | |
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Berkshire Hathaway, the giant conglomerate holdings firm headed by Warren Buffett has been the latest company to witness a massive decline in its stock prices as a result of the Covid-19 pandemic that has been whipping a lot of businesses into diminution.
2020-5-4 22:42 | |
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Jack Dorsey, CEO of Square and Twitter, is in the midst of a battle with Elliot Management after the activist hedge fund secured a four percent stake in the company in a bid to make some changes. Paul Singer, the founder of Elliot Management, believes Dorsey is holding Twitter back in his role as aRead MoreRead More.
2020-3-7 18:00 | |
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The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.
Miners earned an average of $43,600 per exahash a second in daily block rewards last month, the lowest rate on record, the report said.
The miner said its adjusted EBITDA swung to loss, compared to previous quarter's profit.
Coinbase (COIN) reported second-quarter earnings on Thursday.
The crypto market pulled back from the first-quarter's record highs during the three-month period.
Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million.