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Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M
Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million ...
Tag: loss
Riot Platforms reports $296M net loss in Q1 despite record revenues
Riot Platforms reported record revenue of $161.4 million in the first quarter of 2025, more than doubling its $79.3 million ...
WLFI’s Ethereum dump: Analyzing ETH’s loss post Eric Trump’s endorsement
Trump-backed WLFI sold Ethereum at a loss, raising doubts about institutional confidence in ETH. Despite Eric Trump’s endorsement, Ethereum’s 46% ...
Russian social network VK closes NFT marketplace as net loss almost triples
Kremlin-backed social network VK will close its NFT platform this month, following a year of deepening losses and a planned ...
Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware ...
Bitdeer Stock Drops 20% as ASIC Development Leads to Half a Billion Loss
The Singapore-based Bitcoin miner Bitdeer saw its stock drop on Tuesday, after disclosing a fourth-quarter loss of $532 million amid ...
“Bybit is Solvent even if this hack loss is not recovered”, reassures CEO Zhou
Journalist Posted: February 21, 2025 Bybit CEO has claimed that all funds are SAFU and that the exchange would continue ...
Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining
Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led ...
Russian energy giant Rosseti faces $14.2 million loss from illegal crypto mining
Russian energy provider Rosseti reportedly saw a significant financial hit due to illegal crypto mining in 2024, with losses amounting ...
This Bitcoin Wall Street Miner’s CEO Departs, Company Posts $6.3 Million Loss
The publicly listed Bitcoin (BTC) miner from Wall Street (NYSE: ARBK) and London (LSE: ARB) Argo Blockchain plc announced today ...
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