Topic
earnings
24 stories
Gemini's Q3: revenue down 19%, trading volume off 73%, losses narrowing on cost cuts
Gemini reported $40.9 million in Q3 revenue, down 19% year over year as trading volume fell 73%, while a narrower $58.6 million net loss reflected deep cost cuts.
Solana Company's Q3 revenue jumps to $3.4M, almost entirely from staking its own SOL
Solana Company reported $3.4 million in Q3 revenue, up from $697,000 a year earlier, with roughly $3.3 million of it coming from staking its 2.4 million SOL treasury.
Exodus swings to $8.3M loss in Q3 even as revenue edges up 7%
Crypto wallet maker Exodus reported Q3 revenue of $32.5 million, up 7% year over year, but swung to an $8.3 million net loss from a $17 million profit a year earlier.
Sharplink's $751M Quarter Is Mostly a Mark-to-Market Mirage
Ethereum treasury firm Sharplink reported $751.4 million in Q3 2026 net income, but nearly all of it — $676.7 million — was unrealized paper gains on its ether, as the stock trades down 36% for the year.
TeraWulf's bitcoin mining revenue drops 69% as the company pivots to AI data centers
TeraWulf's Q3 bitcoin mining revenue fell 69% to $13.2 million as high-performance computing leasing — tied to a 20-year Anthropic deal — grew to make up 83% of sales.
Circle beat estimates on a one-off token sale — and cut 5% of staff in the footnotes
Circle posted $865 million in Q3 revenue and a 127% earnings beat, but the quarter was lifted by a one-time $182 million ARC token presale even as reserve income fell 8% and the firm cut about 5% of staff.
Block lifts full-year profit outlook as Q3 net income climbs — but bitcoin gross profit halves
Block Inc. reported Q3 net income of $566 million and lifted its full-year gross profit forecast to $12.63 billion, even as its bitcoin ecosystem gross profit halved to $52 million.
Coinbase's Q3 profit jumps 66% — but a crypto-holdings gain does most of the lifting
Coinbase posted $719 million in Q3 net income, up 66% year over year, but most of the jump came from a $715 million mark-to-market gain on its own crypto holdings as revenue fell 35% from a year earlier.
Strategy books $19.5B quarter on bitcoin markup, wins approval for daily preferred dividends
Strategy posted $19.53 billion in Q3 net income on bitcoin gains, named a new CFO, and won shareholder approval to pay its preferred-stock dividends daily.
ARK buys the Robinhood dip it was selling three weeks ago
ARK Invest bought roughly $9.1 million of Robinhood stock on Oct. 28 after the shares fell more than 23% in a month, reversing about $47.5 million of selling earlier in October.
Robinhood's crypto line grew 20% last quarter — all of it from the new chain
Robinhood's third-quarter crypto revenue rose 20% from the prior quarter to $120 million, but the entire gain came from its new Arbitrum-based blockchain, while underlying trading revenue fell and prediction markets outearned crypto for another quarter.
Circle breaks down its USDC economics as challengers circle, keeping about 7 cents of profit per revenue dollar
Circle disclosed how it splits USDC revenue in a blog post, saying it paid $819 million to distribution partners and transaction costs and reinvested $473 million in the first half of 2026, as new stablecoin rivals challenge its economics.
BlackRock's crypto ETF assets rebound to $79.6B, but still trail last year — and price did most of the lifting
BlackRock's digital-asset funds ended September at $79.6 billion, up 63% in a quarter, but still 23% below last year's level — with rising prices, not inflows, doing most of the work.
Strategy Spends Six Times More Buying Back Its Own Stock Than Buying Bitcoin
Strategy bought 334 bitcoin for $28.7 million in early October while spending $176.3 million buying back its below-par Stretch preferred stock, and reported a $20.91 billion unrealized Q3 fair-value gain.
Cango stock drops ~21% after $81.6M quarterly loss as miner shrinks its fleet
Bitcoin miner Cango's stock fell about 21% on September 1 after it reported an $81.6 million second-quarter net loss and roughly halved revenue while shrinking its mining fleet.
Hyperliquid Strategies reports a $1.9 billion HYPE pile — and $773 million of buying since
Nasdaq-listed Hyperliquid Strategies reported raising $647 million in equity and more than doubling its HYPE holdings to 29.3 million tokens, then buying 16.5 million more for $773.4 million.
Securitize misses in first quarter as a public company; shares drop 20% despite record tokenized AUM
Securitize's first quarterly report since its July SPAC listing showed revenue down 5% to $14.4 million against a $20.6 million consensus, and shares fell 20% after hours even as tokenized assets and transaction volume hit records.
Hyperion DeFi posts $31M quarter as HYPE mark rises — and half its treasury goes out on loan
Hyperion DeFi reported $31 million in second-quarter net income, up from $8.8 million, as the value of its roughly 2 million HYPE tokens rose to $133 million.
eToro to buy TradeZero for up to $231 million as its crypto volumes keep shrinking
eToro will pay up to $231 million in cash and stock for U.S. retail brokerage TradeZero, announced alongside a Q2 in which profit grew year-over-year but fell sharply from Q1.
Trump Media's crypto treasury drops $306.7 million in value as company books $360.6 million in half-year digital-asset losses
Trump Media booked a $238.1 million second-quarter net loss and $360.6 million in digital-asset losses for the first half, as its bitcoin and Cronos holdings fell to $597.7 million from $904.4 million.
CleanSpark has an AI tenant. MARA has a pipeline. Both have shrinking mining revenue.
MARA and CleanSpark posted a combined $851 million net loss for the June quarter as mining revenue fell by more than a quarter at both, and Bernstein split its ratings on their AI pivots.
Circle beats on profit, misses on revenue, and puts Wall Street names on its Arc validator set
Circle beat profit estimates but missed on revenue for Q2 2026, and named BlackRock, DTCC, ICE, Visa and Mastercard as founding validators for its Arc blockchain, which launches Sept. 16.
Tether's reserve buffer halved in Q2 while the company led with a $1.5 billion 'operating' profit
Tether's second-quarter attestation shows excess reserves halving to $4.11 billion and a negative $3.2 billion result for the first half, while the company led with a $1.5 billion operating profit figure.
Coinbase's Q1 update leads with market share and 'annualized' product metrics — and skips the bottom line
Coinbase's Q1 2026 press release touts an 8.6% all-time-high trading market share and fast-growing derivatives, prediction markets and stablecoin volumes — but discloses no total revenue or net income, and calls the quarter's market "softer.