Earnings
Nvidia’s Crypto Mining Chip Sales Continue to Fall Sharply
The chipmaker’s fiscal fourth-quarter revenue from its Cryptocurrency Mining Processors (CMP) tumbled 77% from the previous quarter.
Voyager Digital Posts Income of $3.2M in Fiscal Q2, Plans to Add Equity Trading and NFTs
Revenue of $164.8 million for the quarter ended Dec. 31, 2021, more than doubled from the previous three months.
Hive Blockchain Q3 Revenue Jumps Fivefold From Previous Year
The gain was driven by increases in cryptocurrency prices and additional production facilities.
Bitcoin Miner CleanSpark Surges on Plan to Sell Legacy Energy Business
BTIG analyst Gregory Lewis sees higher growth with the company's new strategy.
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.
Meta Reports Loss of $10.2B on Augmented/Virtual Reality Operations in 2021
The company formerly known as Facebook also reported 2021 revenue of $2.3 billion from the newly broken out division.
MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4
MicroStrategy (MSTR) reported a non-cash digital asset impairment charge of $146.6 million in the fourth quarter, up from $65.2 million in the prior quarter, according to its latest earnings statement. This comes as bitcoin enters into a bear market. “The Hash” team discusses the specifics and the potential silver lining ahead.
Greenidge Q4 Revenue Rises Even as the Number of Coins Mined Falls
The number of mined bitcoins fell 16% from the previous quarter while hashrate rose 17%.
PayPal Shares Slump as Revenue Growth Slows
The payment giant’s quarterly revenue increased 13% in the fourth quarter, down from a 25% increase a year ago.
