Earnings Reports


Finance

Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving

Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black.

Máquinas de minería de bitcoin (Shutterstock)

Finance

Bitcoin Revenue in Square's Cash App Tops Fiat Revenue for First Time in Q1

Bitcoin profit through Square’s Cash App was $7 million in the first quarter of 2020. It earned $8 million in bitcoin profit through the whole of 2019.

square bitcoin revenue (1)

Finance

Crypto Firm Deposits Jump 24% in Q1 at Metropolitan Commercial Bank

Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020.

METROPOLITAN: The bank’s crypto business accounts for around 4 percent of total deposits. (Credit: Shutterstock)

Markets

AMD: GPU Sales to Crypto Miners Was 'Negligible' in Q3

AMD announced it saw "negligible" revenue from selling graphics cards to the crypto mining community over the past quarter.

AMDq3

Pageof 5