Earnings


Finance

Bitcoin Miner Riot Blockchain Delays Earnings Report to Sort Out How Much Crypto Rout Devalued Its Assets

Its rivals Marathon, Cipher and CleanSpark all managed to get their results out this week as expected.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

CleanSpark Raises Year-End Hashrate Guidance, Sets 2023 Outlook

The miner suffered a $29.3 million loss for the fiscal quarter, partly driven by the previously disclosed decision to sell its energy assets.

A bitcoin mining facility in Georgia that uses 95% non-carbon energy (CleanSpark)

Finance

Coinbase Shares Drop as Crypto Winter Takes Toll on Exchange's Trading Volume

The company faced earnings headwinds, although prices have stabilized recently and the company just struck a deal with BlackRock.

(Robert Nickelsberg/Getty Images)

Finance

Cipher Mining Lowers Per-Terahash Cost of Crypto Mining Rigs Even as Quarterly Loss Widens

The miner expects to have 6.9 exahashes per second of computing power deployed by early 2023.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility

The dramatic decline in bitcoin prices led to a $127.6 million impairment on the company's BTC holdings in the second quarter.

Marathon Digital CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)

Finance

SoftBank Reports Record Quarterly Loss

The company, which has invested in crypto projects, cited a global tech sell-off and weaker yen.

(Lev Radin/Shutterstock)

Finance

Galaxy Digital's Q2 Net Loss More Than Triples to $554.7M Amid Market Downturn

Company assets under management fell 40% from the first quarter.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Finance

Block Beats Q2 Estimates but Bitcoin Revenues Fall

Despite beating projections, the payments company said its overall revenue fell because of a decrease in bitcoin revenue.

CoinDesk placeholder image

Finance

MicroStrategy's Bitcoin Maximalist CEO Saylor Hands Job to Deputy, Takes Executive Chairman Role

Saylor says he plans to focus on buying bitcoin, leaving MicroStrategy's software business in the hands of the new CEO.

MicroStrategy CEO Michael Saylor at the Bitcoin 2022 Conference in Miami (Marco Bello/Getty Images)

Finance

Broker Robinhood Slashing Nearly One-Quarter of Workforce

Crypto business rose for the company in the second quarter even as overall trading revenue slipped.

Despidos en el exchange Bullish.com. (Pradit.Ph/Shutterstock)