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Nalezeno "earnings": 445

Latest Earnings Report: Tesla Held All of its Bitcoin Despite Market Turbulence

26.1.2023
Tesla, the electric car company owned by Elon Musk, did not sell any of the bitcoin (BTC) it holds on its balance sheet during the bear market, a new earnings report from the company reveals. According to Tesla’s earnings report for the 4th quarter of 2022, the company held $184m worth of “digital...

Bitcoin, Ethereum Technical Analysis: BTC Back Above $23,000 Following Tesla Q4 Earnings Report

26.1.2023
Bitcoin rallied back above $23,000 on Thursday, following the release of Tesla’s quarterly earnings report. The report showed that Tesla was holding 9,720 bitcoin, worth $223 million. Ethereum was also higher, as prices were back above $1,600, rebounding from recent losses in the process....

Elon Musk's Tesla held onto its Bitcoin in Q4 despite market turbulence

26.1.2023
The EV maker continued to hold its estimated 9,720 Bitcoin, only losing $34 million on its investment due to price declines towards the end of 2022

Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens

25.1.2023
Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and...

Stablecoins and CBDCs might play 'meaningful role' in payments — Visa CEO

25.1.2023
Visa began working on a blockchain interoperability project in Sept. 2021 to support CBDC and stablecoin adoption but few updates have been made since

SILK Is Now Available for Trading on LBank Exchange

9.12.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Dec. 9, 2022 – LBank Exchange, a global digital asset trading platform, has listed SILK on December 9, 2022. For all users of LBank Exchange, the SILK/USDT trading pair is now officially available for trading. As the first web3 esports with earnings...

GameStop to drop crypto efforts as Q3 losses near $95M

9.12.2022
The gaming company has stopped its cryptocurrency-related focuses but is seemingly still pushing ahead with its NFT and blockchain plans

USDC Issuer Circle Changes Mind on Going Public, CEO Reveals Q3 Earnings

6.12.2022
Circle, the US financial services firm behind the stablecoin USDC, has changed its mind about seeking a public listing in the near future, and now says it will stay focused on building “a long-term public company.” The plan to go public has since the beginning of this year been central for Circle...

Arbitrum sees steady growth as airdrop speculation leads to increased earnings

14.11.2022
Arbitrum earnings are soaring as daily active users flood the layer-2 platform with the hope of an eventual airdrop

Bitcoin miner Canaan scales operations despite low earnings, CEO says

14.11.2022
Chinese Bitcoin mining firm Canaan posted a 90% over-the-quarter decrease in net income in Q3 2022, but it’s not the end of its business

Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’

10.11.2022
Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great number of exchange executives announcing that they...

Marathon is now the 2nd-largest listed holder of Bitcoin, says CEO

9.11.2022
The United States-listed Bitcoin miner has produced at least 1,231 Bitcoin since the start of July and has sold none of it to date

Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings

8.11.2022
Riot said its revenues declined as it powered down its Texas operations amid surging electricity demand

Meta reportedly plans 'large-scale layoffs,' but what of its metaverse division?

7.11.2022
As of the end of September, Meta had more than 87,000 employees — a large proportion of which is said to work in the Reality Labs division

Earnings Report: Coinbase Loses $545 Million in Third Quarter – Stock Plummets

4.11.2022
Amid a crypto market downturn, major exchange Coinbase has reported disappointing results for the third quarter of this year. Between July and September 2022, the business reported a net loss of some $545 million. The latest announcement has caused the exchange’s stock price to plummet. ... Read...

Coinbase transaction revenues plummet 44% as users activity declines in Q3

4.11.2022
While poor market conditions have resulted in revenues falling for the crypto exchange in Q3, its effort to reduce expenses has led to some streamlining

MicroStrategy Third-Quarter Earnings Report Falls Short of Expectations – Here’s What You Need to Know

2.11.2022
Bitcoin (BTC) bull Michael Saylor’s company MicroStrategy delivered earnings that fell short of expectations on Tuesday, despite relatively stable bitcoin prices during the quarter. According to the earnings report, MicroStrategy’s quarterly result fell short of the market’s expectations, with...