Core Scientific posts $861.7 million loss after bitcoin revaluation
American blockchain-hosting provider Core Scientific, reporting April–June 2022 results, posted a net loss of $861.7 million on revenue of $164 million.The stock market is a collection of markets where stocks (shares of ownership in businesses) are bought and sold.
Core Scientific posts $861.7 million loss after bitcoin revaluation
American blockchain-hosting provider Core Scientific, reporting April–June 2022 results, posted a net loss of $861.7 million on revenue of $164 million.
Coinbase posts loss twice as large as forecasts
Net loss for Coinbase in Q2 2022 was $1.1 billion, or $4.98 per share, double analysts' expectations ($2.47). In after-hours, shares fell 8% after a 10.55% decline in the main session.
Galaxy Digital posts $554.7 million loss as crypto market corrects
Galaxy Digital Holdings' total loss for the second quarter amounted to $554.7 million, compared with $182.9 million in the same period last year.
Charles Schwab to Launch ETF Based on Its Own Crypto Index
Financial giant Schwab Asset Management announced the listing of a cryptocurrency exchange-traded fund on NYSE Arca. Trading begins on August 4.
WisdomTree’s crypto AUM falls 22%.
For the April–June period, the average weighted assets under management in WisdomTree's crypto products fell 22% from Q1 to $265 million.
FTX US opens stock trading to all clients
Clients of FTX US gained access to trading traditional stocks after completing beta testing among a limited group of users.
Meta’s metaverse-focused Reality Labs posts $2.8 billion loss
In 2022, the metaverse-related Reality Labs unit within Meta posted a loss of $2.81 billion (-$3.67 billion in Q1).
ARK Invest’s Cathie Wood Sells Coinbase Shares Worth $75 Million
On July 26, ARK Invest sold a total of 1.41 million Coinbase shares worth about $75 million. The bitcoin exchange shed 21.1% of its market capitalization by the close of the session.
Tesla reports $64 million profit from Bitcoin sale
Tesla's profit from the sale of its digital assets in the year-to-date period through June 30 was $64 million, according to the SEC filing.
21Shares launches Bitcoin and Ethereum ETPs with risk-threshold caps
The cryptocurrency ETP provider 21Shares announced the listing on the Swiss stock exchange of Bitcoin- and Ethereum-based products. Their defining feature is a built-in target volatility cap of 40%.We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.