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Coinbase revenue falls 10% in Q1, missing industry estimate


Crypto exchange Coinbase’s total revenue fell 10% quarter-over-quarter to $2 billion in Q1, missing industry estimates by 4.1% as trading activity slowed across the market.Coinbase’s net income was sliced by 95% from a near-company record $1.29 billion in Q4 to $66 million, in a large...

Coinbase revenue falls 10% in Q1, missing industry estimate


Crypto exchange Coinbase’s total revenue fell 10% quarter-over-quarter to $2 billion in Q1, missing industry estimates by 4.1% as trading activity slowed across the market.Coinbase’s net income was sliced by 95% from a near-company record $1.29 billion in Q4 to $66 million, in a large...

Saylor signals impending Bitcoin purchase following Q1 earnings call


Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase, marking the fourth consecutive week of purchases by the BTC treasury company.The company's most recent acquisition occurred on April 28 when Strategy purchased 15,355 BTC, valued at over $1.4 billion at the time...

Saylor signals impending Bitcoin purchase following Q1 earnings call


Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase, marking the fourth consecutive week of purchases by the BTC treasury company.The company's most recent acquisition occurred on April 28 when Strategy purchased 15,355 BTC, valued at over $1.4 billion at the time...

Riot Platforms posts Q1 loss, beats revenue estimates


Bitcoin miner Riot Platforms has reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same time last year and it moves to bolster its facilities.“We achieved a new record for quarterly revenue this quarter, at $161.4...

Riot Platforms posts Q1 loss, beats revenue estimates


Bitcoin miner Riot Platforms reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same period last year amid efforts to expand its facilities.“We achieved a new record for quarterly revenue this quarter, at $161.4...

Strategy touts 13.7% YTD Bitcoin yield in earnings print


Michael Saylot's tech firm Strategy has earned shareholders a Bitcoin yield of 13.7% in the year-to-date, the company said in its May 1 earnings report.That equates to a Bitcoin gain of more than 61,000 Bitcoin (BTC), worth approximately $5.8 billion, according to the company. Bitcoin yield...

Strategy touts 14% YTD Bitcoin yield in Q1 earnings print, misses estimates


Update (May 1, 11:35 pm UTC): This article has been updated to add Strategy’s revenue, net loss and analyst estimates.Michael Saylor's Bitcoin-buying firm Strategy, formerly MicroStrategy, has reported earning a year-to-date yield of 13.7% on its Bitcoin holdings as it missed Wall Street's...

Strategy ends April up 32% in best month since November as Q1 earnings loom


Key takeaways:Strategy’s stock rose 32% in April, its biggest monthly gain since November.Speculation is building that Strategy will announce a major capital raise during its Q1 earnings call on May 1 as it continues to grow its Bitcoin holdings.Analysts expect a 1% year-on-year revenue bump...

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