AVAX One CEO says $35.1M quarterly loss masks growth in its staking and treasury business
AVAX One interim CEO Pete Wylie has said $33 million in non-cash charges accounted for most of the company’s $35.1 million second-quarter loss as staking...
Tag : loss
Strategy Swings From $13 Billion Bitcoin Loss to $1.4 Billion Profit as BTC Rallies
In brief Strategy is sitting on roughly $1.4 billion in unrealized gains on its Bitcoin holdings. The company holds 840,447 BTC acquired at an average...
Sweden’s H100 reports $26M H1 loss driven by falling Bitcoin value
Sweden’s H100 reported a $26 million loss for the first half of the year, as it completed its acquisitions to become Europe’s second-largest Bitcoin treasury...
Solana Company posts $30.3M Q2 loss despite staking gains
Solana Company has reported a $30.3 million second-quarter loss despite earning $2.5 million in revenue, almost entirely from staking its SOL holdings. Summary Revenue increased...
Bithumb posts $15.7M Q2 loss as revenue falls 36%
Bithumb has reported a 21.8 billion won, or about $15.7 million, net loss for the second quarter of 2026 as revenue fell 35.8% from a...
Gemini posts $108M Q2 net loss despite 37% revenue growth
Credit card and staking revenue drove Gemini’s services growth in Q2 as exchange revenue fell 38% and trading volume dropped by two-thirds. Cryptocurrency exchange Gemini...
Ethereum price faces $1,850 risk after $1,900 loss
Ethereum price fell 2.4% from $1,918 to an intraday low of $1,872 as traders sold the initial U.S. inflation reaction, leaving ETH below $1,900 and...
BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B
An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter. BitGo, a publicly listed digital...
Prediction market users report 79% loss rate in US survey
A new U.S. survey has found that 79% of prediction-market users lost money during the past year, while 51% used borrowed funds to place bets....
Trump Media’s Crypto Bet Fuels Massive $238M Quarterly Loss
In brief Trump Media reported a $238 million second-quarter loss, up from $20 million a year earlier. Non-cash losses involving digital assets, pledged assets, and...