Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
Thursday's reported first-quarter results from miners were a mixed bag.
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May 11, 2023 at 5:39 p.m. UTC
May 11, 2023
Earnings
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Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite
The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.
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May 11, 2023 at 12:03 p.m. UTC
May 11, 2023
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Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe
The U.S. regulatory body is investigating related party transactions that may have violated securities laws.
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May 11, 2023 at 8:28 a.m. UTC
May 11, 2023
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Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate
Cipher has an eye on hashrate of 8.2 EH/s by the end of the year.
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May 9, 2023 at 12:18 p.m. UTC
May 9, 2023
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Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market
The figure compares with a net losses of $111.7 million in the year-earlier period and $288 million in the fourth quarter.
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May 9, 2023 at 12:12 p.m. UTC
May 9, 2023
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Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago
The company booked $50 million in bitcoin gross profit in the first quarter..
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May 4, 2023 at 8:56 p.m. UTC
May 4, 2023
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Coinbase Losses Expected to Narrow; Analysts Seek Details About International Exchange
Coinbase will report its first-quarter earnings results after the market closes on Thursday.
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May 3, 2023 at 7:32 p.m. UTC
May 3, 2023
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DCG's CFO Steps Down as Crypto Conglomerate Repays $350M Loan
The company's revenue increased from the fourth quarter as crypto prices soar.
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May 2, 2023 at 1:33 p.m. UTC
May 2, 2023
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Argo Blockchain Slumps to Full-Year Loss on Bitcoin Price Slide
The crypto mining company is in a stronger position now, interim CEO El-Bakly said.
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Apr 28, 2023 at 8:18 a.m. UTC
Apr 28, 2023
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Bitcoin Regains $28K Amid Mildly Encouraging Tech Earnings, Liquidation of Short Positions
BTC rose Tuesday afternoon as Alphabet and Microsoft first-quarter earnings surpassed expectations. Both equities and Treasury yields were down on Tuesday, however.
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Apr 25, 2023 at 9:55 p.m. UTC
Apr 25, 2023