Earnings Reports

Bitcoin mining machines

Finance

Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving

Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black.

Bitcoin mining machines

By Matt Yamamoto

Aug 13, 2020 at 5:16 p.m. UTC

Aug 13, 2020

Bitcoin MiningCanadaHut 8Bitcoin MinersEarnings Reports

square bitcoin revenue (1)

Finance

Bitcoin Revenue in Square's Cash App Tops Fiat Revenue for First Time in Q1

Bitcoin profit through Square’s Cash App was $7 million in the first quarter of 2020. It earned $8 million in bitcoin profit through the whole of 2019.

square bitcoin revenue (1)

May 6, 2020 at 9:01 p.m. UTC

May 6, 2020

SquareEarnings Reports

METROPOLITAN: The bank’s crypto business accounts for around 4 percent of total deposits. (Credit: Shutterstock)

Finance

Crypto Firm Deposits Jump 24% in Q1 at Metropolitan Commercial Bank

Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020.

METROPOLITAN: The bank’s crypto business accounts for around 4 percent of total deposits. (Credit: Shutterstock)

By Nate DiCamillo

Apr 24, 2020 at 2:50 p.m. UTC

Apr 24, 2020

BankingSilvergate BankMetropolitan BankEarnings ReportsSignature BankDeposits

AMDq3

Markets

AMD: GPU Sales to Crypto Miners Was 'Negligible' in Q3

AMD announced it saw "negligible" revenue from selling graphics cards to the crypto mining community over the past quarter.

AMDq3

By Nikhilesh De

Oct 24, 2018 at 9:05 p.m. UTC

Oct 24, 2018

AMDNewsQuarterly EarningsEarnings Reportsbusiness newsTechnology News