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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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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Coinspeaker Virgin Galactic (SPCE) Stock Slides, Company Reports Greater Than Expected Quarterly LossVirgin Galactic stock dropped over 7% in the pre-market after the venture published its Q4 2019 results.
2020-2-26 15:49 | |
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Coinspeaker Virgin Galactic (SPCE) Stock Falls, Company Reports Greater Than Expected Quarterly LossVirgin Galactic stock dropped over 7% in the pre-market after the venture published its Q4 2019 results.
2020-2-27 15:49 | |
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In a just-released earnings report, Ripple partner, MoneyGram, showed a USD $11. 9 million loss for the fourth quarter of last year. This is the fifth consecutive quarter without a profit. Nevertheless, the company’s partnership with Ripple is set to open new sources of revenue.
2020-2-26 02:00 | |
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Coinspeaker Ford Announces $1. 7 Billion Net Loss in Fourth Quarter Earnings Report, F Stock Drops 10%Ford has reported earnings for its 2019 fourth quarter. The figures reported by the automaker are much worse than both the company and Wall Street expected to see.
2020-2-6 18:56 | |
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Coinspeaker Ford (F) Stock Drops 10% as Company Announces $1. 7B Net Loss in Q4 Earnings ReportFord has reported earnings for its 2019 fourth quarter. The figures reported by the automaker are much worse than both the company and Wall Street expected to see.
2020-2-6 18:56 | |
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Coinspeaker Gemini Crypto Custody Branch Now Insured with $200 MillionGemini exchange announced that it has set up its in-house insurance company to protect its clients against any probable loss of coins stored in its offline vaults for a $200 million coverage limit.
2020-1-17 12:19 | |
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Gemini, led by the Winklevoss twins, has set up its own insurance captive to cover loss of crypto in cold storage – with a possibly record-breaking $200M limit.
2020-1-16 15:00 | |
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James Fabian, the chief plaintiff in the securities class action suit against the Nano crypto company, has asked a judge to strike against each point of dismissal that Nano supplied last fall. Nano Dismisses Claims in 10-Point List Fabian, who faced losses after the hack and closing of the BitGrail exchange, believes Nano did not have sufficient excuses to claim lack of responsibility for the loss of coins.
2020-1-16 19:00 | |
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In a rare interview, insurance company Arch talks about its $150 million crypto storage policy.
2020-1-14 20:57 | |
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After the recent VeChain hack and the loss of 1.1 bln VET, the company?s CEO Sunny Lu intends to address the community live on his Twitter page
2019-12-14 15:16 | |
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Algorand (ALGO) is the worst-performing major crypto of the year, having dropped more than 90 percent since January 2019. The company’s token sales and ambitious decentralization goals drastically reduced the community’s confidence in the project, as many criticized its overvalued market capitalization.
2019-12-11 18:26 | |
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Coinspeaker Despite Uber Posting Its Largest Quarterly Loss, Shares are Going UpUber has disclosed earnings for the second time since becoming a public company, reporting revenues of $3.
2019-8-9 14:05 | |
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Mega-unicorn Uber reported earnings, or rather losses, on Thursday that demonstrate why hype doesn’t always work in a company’s favor. Let’s hit the headline numbers and explain what they mean for Uber’s stock.
2019-8-9 02:05 | |
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Big tech firms including Apple, Amazon, Facebook, Microsoft, and Google’s parent company Alphabet Inc. lost over 3% of their market cap on Monday, resulting in a combined loss of more... The post $162 Billion Lost By Big Tech, Bitcoin Up 265% in 2019 As Trade War Escalates appeared first on Trustnodes.
2019-8-6 16:11 | |
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An insurance consortium called B3i has recently created its first blockchain product, which is based on the R3 Corda blockchain. According to the press release, the new product will be called Property Catastrophe Excess of Loss Reinsurance.
2019-8-1 00:47 | |
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Just a day after Tesla reported a $408 million loss, more cash burn, and ridiculous delivery estimates, Elon Musk demonstrated once and for all why he either should leave or sell Tesla. The last straw? He announced an outside investment of $120 million in his Boring Company.
2019-7-27 19:11 | |
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Japanese cryptocurrency exchange Bitpoint has been hacked, resulting in the loss of $32 million worth of various digital currencies, Bloomberg reports. The majority of funds lost (approximately $23 million) belonged to customers, while the rest were owned by the exchange.
2019-7-12 14:30 | |
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Coinspeaker Coinbase Unveils Plans to Launch Global ‘Captive’ Insurance ServicesCoinbase is involved in deep talks with Aon with an aim of creating a regulated ‘captive’ insurance company to shield its clients from hackings and unexpected loss of funds.
2019-7-11 14:02 | |
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BitMarket, one of the largest cryptocurrency exchanges in Poland, shut down citing liquidity loss. More information about “further steps” the exchange will take will be available ‘soon,’ according to the company’s official blog post.
2019-7-11 22:16 | |
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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.