News list for " financial results"
Canaan Technologies (NASDAQ: CAN, "Canaan" or "the Company") today announced its unaudited financial results for the three months ended June 30, 2025, reporting that the company recorded its strongest unaudited results in the past ten quarters for the three months ended June 30, 2025, with total revenue reaching $100.20 million, exceeding the company's previous guidance and growing 39.5% year over year. The total hashrate sold was 6.40 million terahash per second (TH/s), up 16.5% month-on-month ...
Greenidge Generation Holdings Inc. (NASDAQ: GREE), a cryptocurrency data center and power generation company, today announced its financial results for the second quarter ended June 30, 2025. Total income: $12.90 million; Net loss: $4.10 million; EBITDA loss: $200,000; Adjusted EBITDA earnings: $400,000; Cryptocurrency mining revenue: 4.20 million USD; Data center colocation revenue: $6 million; Electricity and capacity revenue: $2.60 million; Total Bitcoin production: 110...
Metalpha, a digital asset manager, has released its latest unaudited financial results report, in which it disclosed total revenue of $19,720,654 for the six months ended September 30, 2024, a nearly four-fold increase compared to $5,085,150 for the same period in fiscal 2024, in addition to the fact that its board of directors has approved a share repurchase program of up to $5 million, which will be conducted over the next 36 months.
MicroStrategy has announced its financial results for the third quarter of 2024. As of the end of the third quarter, the company held 252,220 BTC, representing a year-to-date BTC yield of 17.8%. The company also announced a $42 billion capital plan, stating that under the leadership of Executive Chairperson Michael Saylor, the company will raise $21 billion in equity and issue $21 billion in bonds over the next three years, and use the additional capital to purchase more bitcoin as a financial r...
Crypto wallet Exodus has reported financial results for the second quarter of 2024, with revenue up 80% year-on-year to $22.30 million. Although Exodus achieved significant year-on-year growth, it also suffered a significant loss in the second quarter of 2024, with a net loss of $9.60 million, compared to $1.90 million in revenue in the second quarter of 2023.
Bitcoin mining company Hut 8 has released its financial results for the period ending June 30, 2024. In the second quarter, the company's revenue increased from $20.50 million in 2023 to $35.20 million. As of June 30, 2024, Hut 8's total balance of self-mined bitcoin was 9,102, with a market capitalization of approximately $570.50 million.
