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…