Nasdaq-listed company Soluna Holdings, which develops green data centers for intensive computing applications such as bitcoin mining and artificial intelligence, announced financial results for the second quarter ended June 30, 2025. Net loss decreased by $1.40 million year-on-year, and adjusted EBITDA decreased by $3 million year-on-year (2024 Q2 vs. 2025 Q2), mainly due to bitcoin halving in April 2024 and hash price fluctuations (...
Tencent has shown strong financial performance and business growth in 2024, and will continue to focus on the evergreen strategy of AI and gaming in the future.
Cryptocurrency wallet Exodus has reported strong financial results for the second quarter of 2024, with revenue up 80% year-on-year to $22.30 million. Despite the significant year-on-year growth, Exodus also suffered a significant loss in the second quarter of 2024, with a net loss of $9.60 million, compared to a loss of $1.90 million in the second quarter of 2023.