IREN jumps 16% after raising AI cloud revenue target above $4B
The Bitcoin miner raised its year-end AI cloud revenue target to more than $4 billion after signing $2.8 billion in new contracts with AI developers....
Tag : Revenue
Jito proposes permanent JTO burns through sweeping revenue overhaul
Jito has proposed a governance overhaul that would direct 100% of the DAO’s JTX revenue share toward open-market JTO buybacks and permanent token burns through...
Arbitrum gets a Robinhood Chain revenue stream as L2 race heats up
Offchain Labs co-founder Steven Goldfeder said fees from Robinhood Chain and other Arbitrum Layer 2 networks will send 10% of net protocol revenue back to...
Kleros Founder’s ETH Tax Proposal Puts Bitmine’s $258M Revenue at Risk
A tax proposal posted to the Ethereum Research forum by Kleros founder Clément Lesaege would let ETH validators vote to redirect up to 10% of...
Robinhood Trims Headcount by 10% Amid Crypto Revenue Crunch
In brief Robinhood is letting go of 10% of its employees, CEO and co-founder Vlad Tenev told the company Tuesday. In April, the company indicated...
Ripple targets $1B revenue run rate without counting XRP holdings
Ripple CEO Brad Garlinghouse has put a clear number on the company’s 2026 business goal. Summary Ripple’s revenue target separates operating income from XRP holdings,...
Bitcoin Miners Emerge as 'Power Landlords' of AI Boom—And Revenue Will Surge: Bernstein
In brief Bernstein initiated coverage on TeraWulf (WULF) and Cipher Digital (CIFR) with “Outperform” ratings. Bitcoin miners have signed 17 deals worth over $110 billion...
Bitcoin miners face fresh pressure as BTC nears key support despite $1B May revenue
Bitcoin miners have entered June with revenue above $1 billion for the first time in four months, but falling Bitcoin prices are already putting renewed...
HIVE Bitcoin holdings drop by 331 BTC in Q1, reports record $298M revenue
Canadian Bitcoin miner HIVE Digital Technologies’ Bitcoin holdings fell by 331 BTC in the latest quarter, even as the miner reported a sharp rise in...
Bitcoin Miner Hive Reports Revenue Surge as It Bets on Powering AI Boom
In brief Hive Digital Technologies nearly tripled revenue to $297.8 million in fiscal 2026, driven by surging Bitcoin prices and a fourfold increase in mining...