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CoinShares reports 26% AUM increase to $3.46B in Q2
29.8.2025
CoinShares’ net profit rose 35% to $32.4 million in Q2, up from $24 million in the previous quarter
CoinShares reports 26% AUM increase to $3.46B in Q2
29.8.2025
CoinShares posted $32.4M in Q2 profit and plans a US listing, with executives expecting strong momentum in the second half as Bitcoin and Ether hit new highs
CoinShares reports 26% AUM increase to $3.46B in Q2
29.8.2025
CoinShares posted $32.4M in Q2 profit and plans a US listing, with executives expecting strong momentum in the second half as Bitcoin and Ether hit new highs
Tether Reports $4.9B Net Profit in Q2, Invested $4B in U.S. Initiatives
31.7.2025
The firm held roughly $8.9 billion in bitcoin in the reserves, translating to roughly 83,200 coins
CoinShares Q1 net profit falls to $24M
13.5.2025
CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period a year ago.Although CoinShares’s profits and EBITDA remained positive in Q1 2025, the margins...
CoinShares Q1 net profit falls to $24M
13.5.2025
CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period a year ago.Although CoinShares’s profits and EBITDA remained positive in Q1 2025, the margins...
CoinShares Q1 net profit falls to $24M
13.5.2025
CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period a year ago.Although CoinShares’s profits and EBITDA remained positive in Q1 2025, the margins...
Astro Bot: How To Snag The Net Profit Trophy
8.1.2025
Astro Bot is a gorgeous and thrilling platforming adventure for all ages, and most of the experience is fairly easy. However, if you decide to go for its platinum trophy, you’ll need to put in a bit of extra work completing some difficult challenges and performing a handful of optional tasks.Read...
Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin
2.5.2024
Tether's net equity stood at an impressive $11.37 billion as of March 31, a substantial increase from the previous record of $7.01 billion worth of equity at the end of the quarter in December 2023.
The post Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin...
Tether’s ‘Record-Breaking’ Q4 Profit Partly Attributed to Gold and BTC Price Appreciation
1.2.2024
In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8 billion), which are collateralized by highly liquid...
Report: Operator of South Korean Crypto Exchange Upbit Sees a Nearly 40% Drop in Operating Profit
30.11.2023
Dunamu, the operator of the South Korean crypto exchange Upbit, recently said it had realized an operating profit amounting to $79 million in the third quarter of 2023. Virtual asset valuation losses contributed to the 81.6% drop in the operator’s net profit for the period. Operating Profit...
Block’s Q3 Earnings Show $2.42 Billion Bitcoin Revenue, Marking 37% Annual Growth
5.11.2023
Block Inc. reported an increase in third-quarter earnings, with total net revenue climbing to $5.62 billion, marking a 24% year-over-year growth. Setting aside its bitcoin operations, the company’s revenue saw a jump to $3.19 billion, up 16% from the previous year. The firm’s...
Coinbase Turns the Tide: Q3 Earnings Show Net Profit Amid Crypto Market Slump
3.11.2023
In the third quarter, Coinbase outperformed expectations despite the extended crypto market slump by recording favorable net income and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). In their most recent shareholder letter, the publicly-traded cryptocurrency...
Net Profit for XTB Rises in the First Quarter Of 2022
27.4.2022
XTB published its financial performance for the first quarter of 2022, where it revealed a gain of 183.7% in its net profit to touch the mark of PLN 252.6 million. Operating income for the firm also surged by 135.6% on a year-to-year basis, and the figure for the same stands at PLN 439.8 million....
Axi’s UK Branch Ends FY21 with £1.9m Net Profit & 46% Growth
10.12.2021
AxiCorp Ltd, Axi’s London-based subsidiary, recently released its funds report for the fiscal year 2021. The report covered the period till June 30th and showed a whopping 46% growth. As a result, the company generated over 1.9 million pounds for business in the UK. Moreover, the company’s turnover...
Localbitcoins 2019 Revenue Rises 10% to $29.6 Million Amid Increased Paxful Competition
2.7.2020
Peer-to-peer (P2P) crypto exchange Localbitcoins has reported that 2019 revenue rose 10% to $29.6 million from $27 million a year ago. For the year, operating income fell 6% to $19.9 million from $21.2 million the year before. Localbitcoins did not provide detail about net profit. The Finnish...
Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced
22.2.2020
Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring...