Bakkt pivots into stablecoin infrastructure as revenue tumbles 77% in Q1
Bakkt swung to a first-quarter loss as crypto services revenue fell 77%, underscoring the digital asset platform’s push to reposition itself around stablecoin payments and...
Tag : Revenue
MARA shares sink on first-quarter revenue miss, $1.3B loss
Shares in MARA Holdings fell after the bell on Monday as the Bitcoin miner’s first-quarter losses deepened from a year ago and its revenues missed...
Circle Q1 revenue rises 20% as Arc secures $3B valuation
Circle reported $694 million in total revenue and reserve income for the first quarter of 2026, up 20% from the same period last year. Summary...
Three young DeFi apps return $100M in revenue to token holders in 30 days
Three of DeFi’s relatively young applications, including Hyperliquid, EdgeX and Pump.fun, have distributed a combined $96.3 million to token holders over the past 30 days,...
TeraWulf’s HPC revenue tops Bitcoin mining for first time as AI pivot accelerates
TeraWulf’s Q1 2026 results show $21 million in AI/HPC hosting revenue versus under $13 million from Bitcoin mining, marking the first quarter where high‑performance compute...
OpenAI IPO nears as revenue crosses $25bn
OpenAI has crossed $25bn in annualized revenue and is actively preparing its OpenAI IPO for as early as the fourth quarter of 2026. Summary OpenAI...
TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines
Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in the...
TeraWulf's AI Compute Revenue Outpaces Bitcoin Mining Amid $427 Million Loss
In brief Shares in TeraWulf (WULF) fell on the day after the firm reported a $446 million loss in Q1. The firm reported revenues of...
Coinbase shares slide on $400M Q1 loss, revenue miss
Coinbase shares slid Thursday after the US crypto exchange reported a steep first-quarter loss while revenue missed Wall Street expectations. Coinbase reported a net loss...
Core Scientific shares slip as Q1 loss offsets revenue growth
Core Scientific reported $115.2 million in first-quarter revenue, up from $79.5 million a year earlier. Summary Core Scientific revenue rose to $115.2 million, driven mainly...