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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...
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. ...
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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...
Latest Earnings Report: Elon Musk’s Tesla Holding Over $200 Million of Bitcoin
21.10.2022
The electric car maker Tesla still holds more than $200m worth of digital assets, with the vast majority believed to be has revealed.
Per the company’s latest earnings report, the company held $218m worth of “digital assets” as of September 30, which marked the end of the third quarter. The figure...
HODL! Tesla hangs onto all its remaining $218M in Bitcoin in Q3
20.10.2022
The vehicle manufacturer's latest earnings report for the third quarter shows it's made no changes to its Bitcoin holdings since its huge sell-off in the second quarter
Bitcoin Miner Riot Blockchain Delays Earnings Report to Sort Out How Much Crypto Rout Devalued Its Assets
10.8.2022
The miner said that macroeconomic factors have complicated its accounting more than expected
Zuckerberg unfazed about $2.8B metaverse division loss in Q2
28.7.2022
“This is obviously a very expensive undertaking over the next several years,” said Mark Zuckerberg
Bitcoin price dips under $23K after earnings report reveals Tesla sold 75% of its BTC
20.7.2022
BTC’s march toward $24,000 took a brief pause after media headlines announced that Tesla had sold 75% of its Bitcoin position
Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report
17.5.2022
Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in...
Coinbase CEO has ‘never been more bullish’ even after $430M Q1 loss
11.5.2022
“There are so many customers beating a path to our door that we have to have all hands on deck just to keep everything running,” Coinbase CEO Brian Armstrong explained on earnings call
Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report
2.11.2021
Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While...
Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme
22.10.2021
Tesla is currently holding bitcoin worth $1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The electric car company reported a bitcoin-related impairment of $51 million in the quarter. Meanwhile, CEO Elon Musk tweeted a meme showing the price of bitcoin...
Tesla Q2-2021 Earnings Call to Shed Light on Its Bitcoin Holdings
26.7.2021
The upcoming Tesla Q2-2021 earnings call, which will be announced this Monday after market hours, will at last shed some light on what has happened with the company’s bitcoin holdings. The company held more than 1.5 billion dollars in bitcoin on Q1 and has reported only one sale...
JPMorgan Chase execs weigh in on stablecoin regulation, crypto competition
16.1.2021
While the OCC's new stablecoin guidance doesn't have an impact on JPM Coin, it could lead to crypto payments if there's demand
Crypto-Friendly Travel Site Travala Posts 503% Revenue Increase, 72% of Bookings Paid With Cryptocurrencies
5.12.2020
Travel booking website Travala saw an increase in revenue of over 503% in November compared to the previous year. Out of all bookings, 72% were paid with cryptocurrencies, with bitcoin being the most popular choice. A Record Month for Travala The up and coming crypto-friendly travel booking website...
Riot Blockchain Ends Week Up 29%, Hits 2020 High Ahead of Q2 Earnings Report
7.8.2020
The company has gained 70% so far in Q3