Finance News – Net Loss
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Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M
In the first quarter of 2025, Bitfarms experienced a significant decrease in earnings related to financial activities, largely driven by diminished returns from derivatives and war...
Read Full Article →Bitfarms clocks $36M net loss amid shift from Bitcoin mining to AI
Bitfarms reported a substantial increase in first-quarter net losses despite higher revenue, reflecting challenges in Bitcoin mining profitability and ongoing investments to expand...
Read Full Article →Galaxy Digital posts $295m Q1 loss, plans Nasdaq listing on May 16
Galaxy Digital experienced a substantial financial setback in the first quarter of 2025, primarily driven by declines in digital asset values and expenses from ceasing certain mini...
Read Full Article →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 reports $296M net loss in Q1 despite record revenues
Riot Platforms achieved significant revenue growth in Q1 2025, reaching $161.4 million, but simultaneously incurred a substantial net loss of $296 million, highlighting potential c...
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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