Strategy's holdings account for more than 3.4% of the total 21 million bitcoin supply — worth around $49 billion.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Metaplanet posted a $619 million FY2025 loss on its bitcoin valuation, while its total holdings jumped to 35,102 BTC and revenue surged.
Solana treasury companies are starting to turn to staking income and on-chain financing tools as lower SOL prices pressure balance sheets and share prices.
Figure’s consumer loan marketplace volumes more than doubled, helping lift quarterly profitability and margins in preliminary results.
DraftKings Predictions was offered last December in more states than its traditional sportsbook betting platform.
Coinbase’s institutional and subscription businesses helped cushion the impact of weaker retail trading in the fourth quarter.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitdeer is leaning into shifting compute resources toward AI and high-performance computing infrastructure, similar to many of its peers.
Coincheck reports $915 million Q3 revenue and $2.6 million net income with CEO Simanson resigning and Pascal St-Jean set to succeed.
Upexi said digital asset operations, mainly staking income, now account for the majority of company revenue.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bernstein sees $60-$75 as a bear-case accumulation range for Robinhood, with prediction markets tracking $435M ARR and a $160 price target.
Bitstamp volumes helped soften the impact of weaker crypto trading on Robinhood as the company leans more on international activity.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strategy continues expanding its bitcoin holdings even as its treasury value sits below total acquisition cost following the recent pullback.
Canaan's hardware shipments hit a record level in the quarter, helped by large North American mining orders.
Ark Invest bought $1.83 million worth of Bullish shares on Monday, as Bullish shares closed up 16.76% at $32.05.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strategy's holdings account for more than 3.4% of the total 21 million bitcoin supply — worth around $49 billion.
Analysts at Bernstein said the current bitcoin downturn reflects a crisis of confidence rather than structural damage.
Mizuho sees prediction markets and institutional custody as key businesses for Gemini to stabilize revenue beyond spot trading cycles.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The company will move its parent entity to Delaware and seek a new Nasdaq and TSX ticker, aiming to access U.S. capital markets.
The analysts argued that bitcoin-related volatility is no longer central to the investment case as IREN accelerates its shift toward AI.
Bitcoin's drop below Strategy’s roughly $76,000 average purchase price has pushed its holdings back into an unrealized loss.
Bitcoin miners IREN and Cleanspark reported quarterly earnings Thursday afternoon, with both firms missing analysts' estimates.
Tether has increased its exposure to gold, including its direct holdings of about 140 tons of the precious metal.
Underlying business activity improved in Q4, with adjusted revenue and profitability reaching record levels despite a volatile crypto market.
Cipher shares closed down 12.36% on Wednesday amid a continuing selloff in crypto tokens and equities, despite the outsized interest.