Michael Saylor’s MicroStrategy Plans to Raise $42B to Buy More Bitcoin Over Next 3 Years
MicroStrategy Executive Chairman Michael Saylor at Bitcoin 2024 in Nashville, Tennessee (CoinDesk/Danny Nelson)
Earnings
Coinbase Revenue May be Hurt by Lower Trading Volumes, Regulatory Uncertainty, Analysts Say
Coinbase Q3 earnings preview
Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright
The broker upgraded the bitcoin miner’s shares to buy from sell and raised its price target on the stock to $13.50 from $7.50.
CoinShares Netted $513.1M Profit in Q2
CoinShares’ total assets under management almost doubled from $2.7billion to $5.3 billion.
Bitcoin Miner Marathon’s Shares Tumble After Revenue Unexpectedly Misses Wall Street’s Estimates
The miner said its adjusted EBITDA swung to loss, compared to previous quarter’s profit.
Coinbase Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume
Coinbase (COIN) reported second-quarter earnings on Thursday.
Galaxy Digital Second-Quarter Net Loss Widens as Crypto Market Retreats
The crypto market pulled back from the first-quarter’s record highs during the three-month period.
Bitcoin Miner Riot Platforms’ Second-Quarter Loss Widens to $84.4M as Costs Surge
The company’s loss per share doubled to $0.32.
Coinbase Earnings Hurt by Low Volume But Trump Could be Wild Card, Analysts Say
Analysts expect Coinbase’s earnings to take a hit in the second-quarter as trading volume slowed down from the prior months. (PiggyBank/Unsplash)
Sygnum’s First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%
The surging trading volumes helped the bank reach profitability for the first time.