Strategy Looking to Raise $4.2B Via Preferred Stock to Stack More Bitcoin
Strategy (MSTR), the largest corporate holder of bitcoin, plans to raise as much as $4.2 billion through sales of a newly issued preferred stock series, according to a Thursday filing with the U.S. Securities and Exchange Commission. The offering comes just days after the company sold nearly $2.5 billion...
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Bitcoin Miner Riot Platforms Reports Q2 Earnings, Shares Stumble
Riot Platforms Inc (NASDAQ:RIOT) reported financial results for the second quarter on Thursday after the bell. Here’s a rundown of the report. Q2 Earnings: Riot reported second-quarter revenue of $152.99 million, beating analyst estimates of $147.65 million. The Bitcoin (CRYPTO: BTC) mining company reported second-quarter earnings of 57 cents...
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I’m changing my Youtube channel
Just a channel update video on what kind of videos I’m going to be focusing more on going forward. Please note: this description contains affiliate links, which means if you make a purchase through those links, the channel gets a small commission at no extra cost to you. Using...
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My GPU mining strategy in 2025 explained
In this video I explain my GPU mining strategy in 2025. This involves both spec mining as well as regular mining for profit. Please note: this description contains affiliate links, which means if you make a purchase through those links, the channel gets a small commission at no extra...
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Bitcoin’s Momentum Is Losing Steam as Seasonal Headwinds Loom, 10x Research Says
Bitcoin (BTC) has been trading in an excruciatingly tight range just below $120,000, but the rally is quickly losing momentum as the market enters what has historically been a soft month for the crypto, a report from 10x Research warned. August has been bitcoin’s weakest month over the past...
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Coinbase Stock Tumbles 7% After Disappointing Q2 Results
Coinbase (COIN) reported worse than expected second-quarter results on Thursday, sending its shares down 7% in post-market trading. The crypto exchange posted total revenue of $1.5 billion, up from $1.45 billion in the same quarter last year but slightly lower than FactSet estimates of $1.59 billion. Adjusted earnings before...
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Strategy Earned $10B in Q2 on Back of Bitcoin Price Gain
Disclaimer: The analyst who co-wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR), the largest corporate holder of bitcoin (BTC), posted second-quarter operating earnings of $14 billion or $32.60 per share, and net income of $10 billion. The massive profit came as the price of bitcoin rose roughly...
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Coinbase Q2 Earnings Highlights: Sales, EPS Miss, 40% Slide In Trading Volume
Cryptocurrency trading platform company Coinbase Global (NASDAQ:COIN) reported second-quarter financial results after market close Thursday. Here are the highlights. What Happened: Coinbase reported second-quarter revenue of $1.5 billion, down 26% quarter-over-quarter. The revenue missed a Street consensus estimate of $1.69 billion, according to data from Benzinga Pro. Transaction revenue...
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Bernstein Analysts Dive Deep Into Ethereum Treasury Companies, Highlight Unique Risks
Analysts at investment firm Bernstein have discussed in detail the Ethereum treasury companies, which have begun to emerge. The analysts highlighted specific risks around their ETH operations but declared that they remain bullish on the largest altcoin by market cap. How The Ethereum Treasury Companies Are Unique The Bernstein...
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CoinDCX Software Engineer Arrested in Connection to $44 Million Hack (Report)
The Indian exchange is the latest victim of bad actors exploiting vulnerabilities and taking control of internal systems, resulting in millions of dollars being lost. The losses this year, overall, are already in the billions, and, regrettably, continue to increase at an alarming pace. Details on What Happened A...
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