Earnings Reports
Coinbase Faces Q1 Earnings Challenge as Crypto Markets Weaken
Coinbase’s first-quarter results could see some soft spots as crypto prices continue to retreat.
MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1
The software firm owns 129,218 bitcoins valued at just under $5 billion.
Coinbase Beats Q4 Estimates, but Shares Fall on Outlook
The U.S.’s largest crypto exchange expects lower trading volumes and monthly transacting users in Q1.
CleanSpark Mulling Strategic Options for Its Legacy Energy Business
The company wants to focus solely on bitcoin mining.
Bitcoin Miner Iris Energy Reports Record Earnings, With Expansion on Track
The company said construction at its Mackenzie facility in British Columbia, Canada is ahead of schedule.
Signature Bank Added $3.8B in Non-Interest Bearing Deposits in Q1
These deposits are seen as a proxy for growth among crypto-industry clients.
Silvergate Execs Pressed by Analysts on Yield From Crypto Customer Deposits
In a low interest rate environment, CEO Alan Lane said he is more focused on keeping the Silvergate Exchange Network liquid with readily available deposits than in juicing short-term profit.
Nvidia Revenue Outpaces Q1 Forecasts, Partly Driven by Crypto Chip Demand
The revenue for its crypto-specific GPUs is three times the company's projections.
DA Davidson Raises Coinbase Price Target to $440 From $195 After Q1 Earnings
The investment firm said Coinbase could deliver “healthy margins” despite bitcoin's volatility.
Riding Bitcoin Surge, Coinbase Active Users Grew by 117% in Q1 2021; Revenue Tops $1.8B
Numbers published Tuesday ahead of a public listing next week show a profitable Coinbase capitalizing on the current market.
