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TeraWulf Q1 loss widens amid rising costs, falling revenue


Mining firm TeraWulf reported a net loss of approximately $61.4 million in its earnings for the first quarter of 2025, further deteriorating from the same period last year.Revenue fell to $34.4 million from $42.4 million in the same period of 2024, according to the company's earnings report...

TeraWulf Q1 loss widens amid rising costs, falling revenue


Mining firm TeraWulf reported a net loss of approximately $61.4 million in its earnings for the first quarter of 2025, further deteriorating from the same period last year.Revenue fell to $34.4 million from $42.4 million in the same period of 2024, according to the company's earnings report...

TeraWulf Q1 loss widens amid rising costs, falling revenue


Mining firm TeraWulf reported a net loss of approximately $61.4 million in its earnings for the first quarter of 2025, further deteriorating from the same period last year.Revenue fell to $34.4 million from $42.4 million in the same period of 2024, according to the company's earnings report...

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...

Aptos exec sees Web 2.5 platforms earning ‘tons’ of revenue


While many crypto ecosystems focus on decentralization as the core tenet of Web3, Aptos is seeing success with hybrid platforms that blend Web2 and Web3 technologies, commonly referred to as “Web2.5.”In an interview at the Token20249 event in Dubai, Aptos’ head of ecosystem,...

Why Grayscale’s Bitcoin Trust still dominates ETF revenue in 2025


In the annals of financial history, few institutions have faced the tempests of competition with the steadfast resolve of Grayscale Bitcoin Trust (GBTC). Born in 2013 as a private placement, GBTC pioneered regulated Bitcoin investment, granting investors access to Bitcoin’s (BTC) meteoric...

Why Grayscale’s Bitcoin Trust still dominates ETF revenue in 2025


In the annals of financial history, few institutions have faced the tempests of competition with the steadfast resolve of Grayscale Bitcoin Trust (GBTC). Born in 2013 as a private placement, GBTC pioneered regulated Bitcoin investment, granting investors access to Bitcoin’s (BTC) meteoric...

Kraken Seals Ninjatrader Deal and Reveals $472M in Q1 Revenue


The Ninjatrader purchase, originally announced in March, has now been finalized and Kraken has also disclosed a 19% increase in year-over-year revenue during the first quarter. Kraken Finalizes Ninjatrader Purchase, Discloses 19% Jump in Earnings Cryptocurrency exchange Kraken, has wrapped up...

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...

Kraken finalizes NinjaTrader buy as Q1 revenue jumps 19%


Crypto exchange Kraken has completed its acquisition of the futures trading platform NinjaTrader and reported its first quarter revenues jumped 19% year-on-year to $471.7 million.Kraken said in a May 1 report that its NinjaTrader acquisition would give its US customers access to the traditional...

Kraken finalizes NinjaTrader buy as Q1 revenue jumps 19%


Crypto exchange Kraken has completed its acquisition of the futures trading platform NinjaTrader and reported its first quarter revenues jumped 19% year-on-year to $471.7 million.Kraken said in a May 1 report that its NinjaTrader acquisition would give its US customers access to the traditional...

Robinhood beats Q1 estimates despite revenue, crypto trading dip


Trading platform Robinhood has still managed to beat Wall Street estimates as its first-quarter revenues fell and its crypto trading volume cooled from a record high in Q4.Robinhood’s Q1 results shared on April 30 show revenues fell 8.6% from the previous quarter to $927 million, topping...

Robinhood beats Q1 estimates despite revenue, crypto trading dip


Trading platform Robinhood has still managed to beat Wall Street estimates as its first-quarter revenues fell and its crypto trading volume cooled from a record high in Q4.Robinhood’s Q1 results shared on April 30 show revenues fell 8.6% from the previous quarter to $927 million, topping...

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