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Galaxy Digital finalizes US move ahead of planned Nasdaq listing this week, posts $295 million Q1 ne...
Galaxy Digital experienced a substantial first-quarter deficit largely due to declining cryptocurrency values and asset write-downs, coinciding with the company’s recent relocation...
Read Full Article →Bitcoin miner Hut 8 posts $134 million net loss in Q1 as company invests in new strategy
Hut 8's substantial net loss in the first quarter highlights the company’s strategic investment efforts aimed at supporting future growth and development within the cryptocurrency...
Read Full Article →Bitcoin miners MARA and CleanSpark post higher Q1 revenues, but both lose money
Although both companies generated increased income in the first quarter, neither achieved profitability, with substantial net losses reported by each, reflecting ongoing financial...
Read Full Article →Riot Platforms posts net loss in Q1 despite doubling revenue amid AI pivot
Riot Platforms reported a substantial increase in revenue for Q1, reaching $161.4 million, yet still faced a net loss, highlighting the challenges of profitability amidst their piv...
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