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Earnings Call

HUT 8 mining plant (hut8.io)
Finance
Hut 8
Bitcoin Miner Hut 8 Talks Operational Issues and U.S. Bitcoin Corp. Merger in Earnings Call
Management spoke to investors on Thursday morning following release of the company's fourth-quarter and full-year 2022 results.
HUT 8 mining plant (hut8.io)
By Eliza Gkritsi
Mar 9, 2023 at 6:09 p.m. UTC
Mar 9, 2023
Hut 8Bitcoin MiningMining CentersCanadaLawsuitEarningsEarnings Call
Meta CEO Mark Zuckerberg (Shutterstock)
Finance
Facebook
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million.
Meta CEO Mark Zuckerberg (Shutterstock)
By Nelson Wang
Feb 1, 2023 at 9:22 p.m. UTC
Feb 1, 2023
FacebookMetaEarnings ReportsMetaverseWeb3Earnings Call
(Chesnot/Getty Images)
Finance
Facebook
Facebook Parent Meta Loses $2.8B on Metaverse Division in Q2
Meta reported revenue of $452 million for the division, down from $695 million in the first quarter.
(Chesnot/Getty Images)
By Nelson Wang
Jul 27, 2022 at 8:18 p.m. UTC
Jul 27, 2022
FacebookEarningsMetaverseEarnings Call
(John Smith/VIEWpress/Getty Images)
Finance
Gamestop
GameStop Reports $76.9M in Proceeds From Sales of Digital Assets in First Quarter
The company also confirmed intentions to launch its NFT marketplace in the second quarter.
(John Smith/VIEWpress/Getty Images)
By Michael Bellusci
Jun 1, 2022 at 9:36 p.m. UTC
Jun 1, 2022
GameStopNFTsWalletsStocksEarnings Call
Fans enter the Washington Nationals Terra Club between innings. (Danny Nelson for CoinDesk)
Finance
Argo blockchain
Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake
The company said it was able to sell its minimal UST stake for around 93 cents per token before the price completely collapsed.
Fans enter the Washington Nationals Terra Club between innings. (Danny Nelson for CoinDesk)
By Aoyon Ashraf
May 18, 2022 at 3:39 p.m. UTC
May 18, 2022
Argo BlockchainBitcoin MiningEarnings CallTerra
Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)
Finance
Bitcoin mining
Core Scientific Cites Crypto Market Turmoil in Lowering Its Growth Outlook
The miner said it has also received overtures about potential M&A deals as some other miners struggle to finance their growth.
Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)
By Aoyon Ashraf
May 12, 2022 at 10:48 p.m. UTC
May 12, 2022
Bitcoin MiningMiningEarningsEarnings Call
Production of central processing units (Tanaonte/Getty Images/iStockphoto)
Finance
Mining
Bitcoin Miner Argo Raises Hashrate Guidance Thanks to Intel Mining Chips
About 33% of its new projected hashrate will be contributed from Intel-powered mining rigs.
Production of central processing units (Tanaonte/Getty Images/iStockphoto)
By Aoyon Ashraf
Apr 28, 2022 at 12:02 a.m. UTC
Apr 28, 2022
MiningBitcoin MiningEarningsIntelEarnings Call
Galaxy founder Mike Novogratz (Amir Hamja/Bloomberg via Getty Images)
Finance
Galaxy digital
Galaxy Digital Tweaks BitGo Purchase Terms as It Awaits SEC Action
The acquisition was announced last May with an expectation of closing by the end of 2021.
Galaxy founder Mike Novogratz (Amir Hamja/Bloomberg via Getty Images)
By Michael Bellusci
Mar 31, 2022 at 4:34 p.m. UTC
Mar 31, 2022
Galaxy DigitalBitGoMergersEarnings CallEarningsMike Novogratz
Core Scientific's mining facility in Calvert City, Ky. (Core Scientific)
Finance
Core scientific
Bitcoin Miner Core Scientific’s Full-Year Sales Rise to $545M, Beating Estimates
The miner also reiterated its 2022 hashrate expectations and expects more M&A within the crypto mining industry over the next 12 months.
Core Scientific's mining facility in Calvert City, Ky. (Core Scientific)
By Aoyon Ashraf
Mar 29, 2022 at 8:22 p.m. UTC
Mar 29, 2022
Core ScientificEarningsEarnings CallMiners
CleanSpark CEO Zach Bradford (CoinDesk archives)
Markets
Miners
Bitcoin Miner CleanSpark Surges on Plan to Sell Legacy Energy Business
BTIG analyst Gregory Lewis sees higher growth with the company's new strategy.
CleanSpark CEO Zach Bradford (CoinDesk archives)
By Aoyon Ashraf
Feb 10, 2022 at 6:40 p.m. UTC
Feb 10, 2022
MinersEarningsEarnings CallCleanSparkBTIG