earnings

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Crypto Exchange Coinbase Could Earn $1.2B in Revenue Next Year From Higher Interest Rates, JPMorgan Says
Over half of that would come from the company's share of interest income from USDC reserves.
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Sell-Side Analysts Trim Targets for Bitcoin Miner Argo Blockchain
Earlier this week, Argo lowered its year-end hashrate outlook from 5 EH/s to 3.2 EH/s.
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Bitcoin Miner Argo Cuts Year-End Hashrate View Citing Delayed Intel Mining Rigs
The company’s second-half revenue and adjusted EBITDA fell mainly due to the decline in bitcoin prices.
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Chipmaker Nvidia’s Crypto Mining Chip Revenue Continues to Fall
Sales of Nvidia’s cryptocurrency mining processor were deemed “nominal” for the second straight quarter.
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Bitcoin Miner Marathon Digital Targets Trimmed by Cowen
The bank did lift its share price target to $9, but that remains below the stock's current level of about $14.
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FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report
Revenues soared 1,000% from just $89 million in 2020, according to internal documents seen by CNBC.
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Bitcoin Mining Rig Maker Canaan Sees 'Prolonged Headwinds' After Challenging Quarter
CEO Nangeng Zhang cited a slumping bitcoin price and COVID-19 lockdowns in China.
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Bitcoin Miner Riot Takes $349M Goodwill Impairment Charge on Acquisitions
The company also posted an impairment charge of $99.8 million on its bitcoin holdings.
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Coinbase's Credit Rating Gets Cut by S&P, Which Warns Crypto Winter Might Prompt More Reductions
The agency dropped the crypto exchange giant's rating to BB from BB+, citing "weak earnings" and increasing competition.
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Hut 8's Q2 Loss Widens to $69M, Continues to 'Hodl' Bitcoin
The lower price of bitcoin and higher power costs hurt the results.
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