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MicroStrategy stock surges over 4% despite Q2 net loss as Bitcoin holdings hit 226,500
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. дальше »
2024-8-2 01:45 | |
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Riot Platforms posts $84.4 million loss in Q2 amid 52% decline in Bitcoin production
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. дальше »
2024-8-1 02:06 | |
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WazirX cyber attack update: Company discloses initial findings
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. дальше »
2024-7-19 21:44 | |
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CoinStats Launches New Feature – Is This the Best Portfolio Tracker in Crypto?
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. дальше »
2024-6-18 17:00 | |
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U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record
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. дальше »
2024-5-26 20:43 | |
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Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production
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. дальше »
2024-5-9 03:41 | |
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CEO of Nigerian exchange Patricia debunks rumors of company’s shutdown
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. дальше »
2024-5-2 12:25 | |
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Coinbase Reports Higher-Than-Anticipated User Counts Despite Declining Third-Quarter Revenue
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… дальше »
2022-11-5 18:00 | |
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Meta Reports A $3.67 Billion Loss In Its Metaverse Division, Signaling More Problems For The Company
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”. дальше »
2022-10-28 21:50 | |
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Meta Stock Falls As Metaverse-Driven ‘Reality Labs’ Posts $3.7B Loss
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 […] дальше »
2022-10-27 08:27 | |
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This bitcoin mining stock is up big on Monday
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. дальше »
2022-8-16 21:06 | |
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MicroStrategy Takes A $917 Million Impairment Loss On Its Bitcoin Stash As Crypto Prices Tumble
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. дальше »
2022-8-6 20:18 | |
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Match Group shelves Tinder Coin, Metaverse Dating after company swings to a loss in Q2
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. дальше »
2022-8-3 20:19 | |
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Saylor Steps Down as MicroStrategy CEO to Double Down on Bitcoin
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. дальше »
2022-8-4 15:00 | |
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Metaverse Will Result in ‘Significant’ Loss in the Short Term: Mark Zuckerberg
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. дальше »
2022-5-27 09:00 | |
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Binance took just 5 minutes to get over loss of $1.6B in LUNA
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. дальше »
2022-5-23 13:10 | |
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Microstrategy In Red: Paper Loss Amounts To $330 Million
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. дальше »
2022-5-13 21:41 | |
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Could Netflix Tumble Down The Crypto Market?
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. дальше »
2022-4-20 10:40 | |
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AAPL Stock Down 4.8%, Apple Reveals Lineup for WWDC20
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. дальше »
2020-6-12 14:35 | |
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Canaan's loss might be Bitmain, Whatsminer's gain
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. дальше »
2020-5-30 11:00 | |
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Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
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. дальше »
2020-5-24 06:01 | |
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Inovio (INO) Stock Rises 5.40% Today after 14.55% Loss on Friday
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. дальше »
2020-5-5 18:43 | |
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Bitcoiners have a message for Warren Buffett amidst Berkshire Hathaway’s jaw-dropping $50 billion loss
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. дальше »
2020-5-4 22:42 | |
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Twitter’s Loss Could Be Bitcoin and Square’s Gain
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. дальше »
2020-3-7 18:00 | |
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Virgin Galactic (SPCE) Stock Slides, Company Reports Greater Than Expected Quarterly Loss
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. дальше »
2020-2-26 15:49 | |
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Virgin Galactic (SPCE) Stock Falls, Company Reports Greater Than Expected Quarterly Loss
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. дальше »
2020-2-27 15:49 | |
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Ripple Partner Reports Loss In Q4 2019
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. дальше »
2020-2-26 02:00 | |
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Ford Announces $1.7 Billion Net Loss in Fourth Quarter Earnings Report, F Stock Drops 10%
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. дальше »
2020-2-6 18:56 | |
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Ford (F) Stock Drops 10% as Company Announces $1.7B Net Loss in Q4 Earnings Report
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. дальше »
2020-2-6 18:56 | |
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Gemini Crypto Custody Branch Now Insured with $200 Million
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. дальше »
2020-1-17 12:19 | |
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Nano Lawsuit Update: Angry Investor Reacts to Motion to Dismiss
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. дальше »
2020-1-16 19:00 | |
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With a 90% YTD loss, Algorand is the worst performing major crypto of the year
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. дальше »
2019-12-11 18:26 | |
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$162 Billion Lost By Big Tech, Bitcoin Up 265% in 2019 As Trade War Escalates
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. дальше »
2019-8-6 16:11 | |
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Blockchain Insurance Startup B3i Launches Its First R3 Corda-Based Product, Cat XoL
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. дальше »
2019-8-1 00:47 | |
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Investors Inexplicably Keep Throwing Cash at Elon Musk
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. дальше »
2019-7-27 19:11 | |
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Bitpoint exchange loses $32 million worth of cryptocurrency in hot wallet hack
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. дальше »
2019-7-12 14:30 | |
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Coinbase Unveils Plans to Launch Global ‘Captive’ Insurance Services
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. дальше »
2019-7-11 14:02 | |
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Second-largest Polish cryptocurrency exchange BitMarket shuts down
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. дальше »
2019-7-11 22:16 | |
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