MARA Holdings falls 9% after-hours after Q3 revenue miss
Mara Holdings posted a net loss for Q3 and missed analyst revenue estimates despite mining more Bitcoin blocks and boosting its energized hashrate by 17%. Go to Source
net income
Auto Added by WPeMatico
Coinbase shares rise 3% as Q2 crypto trading doubles from last year
Coinbase has marked its third consecutive quarter in the black, with its net revenue and trading volumes jumping 108% and 145%, respectively, from the prior year. Go to Source
Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin. Go to Source
Google parent Alphabet profit surges 29% in Q2 amid AI splurge
The firm’s CEO, Sundar Pichai, said its AI products have already generated “billions” in revenue from its cloud business. Go to Source
Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’
Robinhood’s crypto services contributed to nearly 40% of the firm’s transaction-based revenue and helped the firm produce a net profit for the second straight quarter. Go to Source
Nasdaq-listed mining firm Stronghold Digital Mining for sale?
Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value including selling the business. Go to Source
Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges
Marathon announced a 467% increase in Bitcoin production year-on-year in the third quarter, while hashrate rose over 400% in the same timeframe. Go to Source
Coinbase narrows loss while crypto trading volumes fall in Q3
Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out. Go to Source
What is profit and loss (PnL) and how to calculate it
PnL refers to the financial gain or loss from buying and selling cryptocurrencies. To calculate it, use various method like the FIFO, LIFO, YTD, and more! Go to Source Powered by WPeMatico
Coinbase remains ‘100% committed’ to US market: Armstrong
The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much. Go to Source Powered by WPeMatico
