Animoca Brands released its financial results for the second and third quarters of 2024. Its total revenue for the third quarter reached $69 million, an increase of 43.8% quarter-on-quarter and 165% year-on-year. Revenue was mainly derived from the contribution of digital asset consulting (DAA) of $25 million, Web3 operating business revenue of $39 million, and investment management revenue of $5 million. As of the end of September 2024, it held $248 million in cash and stablecoins, and $330 mil...
Earnings and data strengthen the divergence in the outlook for the euro and the dollar. The euro rally needs to face resistance at 1.0870. The risk of the dollar short is Trump. Liquidity is rapidly diluting, and the coming week may be difficult to predict... > >
Hong Kong-listed company NetDragon released its financial report for the first half of 2024. The group sold cryptocurrencies worth 290 million yuan in the first half of the year, generating a profit of 51 million yuan.
Financial Perspective: Disassembling the Revenue, Costs and Profits of the "Big Seven US Stocks" in the Second Quarter...
August 26 news, Pinduoduo (PDD. O) second quarter revenue 97.06 billion yuan, the same period last year revenue 52.281 billion yuan, the market is expected to 99.985 billion yuan.
On August 23rd, as of April 30, 2024, a total of 5,354 listed companies in the class A share market disclosed their 2023 annual financial reports, including 3,195 on the main board, 1,340 on the growth enterprises market, 571 on the science and technology innovation board, 248 on the Beijing Stock Exchange, 4,228 achieving profits, and 1,126 incurring losses. Among the listed companies that disclosed their annual financial reports on time, 209 companies were issued audit reports with non-standar...
Listed bitcoin miner CleanSpark released its third-quarter financial report. The third-quarter revenue was $104.10 million, an increase of $58.60 million or 129% from $45.50 million in the same period last year. CleanSpark's net loss for the third quarter was $236.20 million, compared with a loss of $14.10 million in the same period last year. CleanSpark mined 1,583 bitcoins in the third quarter. As of June 30, CleanSpark's balance sheet had $129.20 million in cash, $413 million in bitcoin, $598...
On August 13th, Bitcoin miner TeraWulf announced its Q2 earnings report. It produced 699 BTC in the quarter, a decrease of 21% year-on-year. Q2 revenue was $35.60 million, slightly higher than the consensus market expectation of $35.40 million. In addition, the company reported a quarterly loss of $0.03 per share, lower than the expectation of a loss of $0.02 per share. The company also noted that bitcoin mining costs increased by 243% year-on-year, and mining expenses rose from $6,688/BTC in Q2...
MicroStrategy reported second-quarter earnings, reporting a net loss of $102.60 million, or $5.74 per share, compared with revenue of $22.20 million, or $1.52 per share, in the same period last year. The loss was due to the company taking a $180.10 million impairment provision on its bitcoin holdings, compared to $24.10 million in the second quarter of last year. The report shows that as of July 31, MicroStrategy held 226,500 bitcoins, an increase from mid-June. 226,500 bitcoins...
After the earnings report was released, Meta Platforms (META. O) U.S. stocks rose more than 7% after trading.
Crypto-security startup PQShield announced the completion of a $37 million Series B funding round led by Addition, with participation from Braavos Capital, Legal & General, and Chevron Technology Ventures. PQShield's technology aims to make encryption systems safe from quantum-based computer hackers. Its well-known clients include Nvidia and AMD. It is reported that the new funds will be used to hire more employees and promote closer working relationships with partners and customers.