Earnings

Trump earned over million from crypto ventures in 2024

Trump earned over $58 million from crypto ventures in 2024

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U.S. President Donald Trump, who ventured into crypto during his presidential campaign last year, earned over $58 million from crypto ventures in 2024. Trump’s mandatory 2025 financial disclosure report filed on Friday detailed his earnings from all businesses between Jan. 1 and Dec. 31, 2024. In the filing, Trump reported employment-related assets worth a minimum […]

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Bitfarms financial income falls 82% YoY, magnifying net loss to .9M

Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M

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Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million in the same period a year earlier, due to reduced gains on derivatives and warrant revaluations.  Bitfarms said in its latest Management’s Discussion and Analysis of the first quarter performance that the lower financial income contributed to

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Riot Platforms reports 6M net loss in Q1 despite record revenues

Riot Platforms reports $296M net loss in Q1 despite record revenues

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Riot Platforms reported record revenue of $161.4 million in the first quarter of 2025, more than doubling its $79.3 million revenue from a year ago, according to its latest earnings report. The Bitcoin (BTC) miner said it continued to scale operations and capitalize on stronger market conditions during the quarter. The Texas-based firm, one of

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Strategy achieves .8B in yearly Bitcoin gains, raises BTC Yield target to 25%

Strategy achieves $5.8B in yearly Bitcoin gains, raises BTC Yield target to 25%

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Strategy’s Bitcoin-focused investment operation achieved a year-to-date BTC Yield of 13.7% and a BTC $ gain of $5.8 billion as of April 28, according to its first quarter earnings report. The firm also raised its full-year BTC Yield target from 15% to 25% and increased its BTC gain projection from $10 billion to $15 billion.

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Tether boosts US Treasury holdings by B amid YoY profit drop

Tether boosts US Treasury holdings by $3B amid YoY profit drop

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Tether increased its exposure to US Treasuries by more than $3 billion between quarters while posting a steep year-over-year decline in quarterly profits. According to its latest attestation report published on April 30, Tether’s combined holdings of US Treasury bills, reverse repurchase agreements, and money market funds with Treasury exposure reached approximately $120 billion by

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