Metaplanet Inc. widely recognized as Japan’s leading Bitcoin treasury company, has reported its strongest quarter to date for Q1 FY2025, marked by record operating profit and a significant expansion of…
The X account of the Ethereum layer 2 network ZKsync and its developer Matter Labs were compromised early on May 13, with hackers falsely claiming the network was being probed…
BlackRock’s spot Bitcoin ETF (IBIT) capped off the trading week with another day of inflows, pulling in $356.2 million on May 9. The fund has now extended its inflow streak…
Hut 8 Corp. (Nasdaq | TSX: HUT) reported a Q1 2025 net loss of $134.3 million, marking a turbulent start to the year as the company executes a bold strategy…
In brief
MARA reported a substantial $533 million net loss largely due to Bitcoin valuation adjustments.
Revenue grew 30% year-over-year to $214 million but still missed expectations.
Its mining output fell 19% despite…
Bitcoin mining company Core Scientific Inc. reported a first-quarter net profit of $580 million for 2025, a sharp increase from $210 million a year earlier.However, the firm missed revenue expectations,…
In brief
Riot Platforms reported mixed earnings results for the first quarter of 2025.
The company clocked $161.39 million in the quarter, slightly beating analysts’ expectations.
Riot's Bitcoin mining revenue jumped to $142.9…