Choise.com expands into B2B creating revenue opportunities for CHO holders
Choise.com offers a comprehensive suite of cryptocurrency banking products. Choise.com has overhauled the CHO tokenomics and made a bold expansion into the B2B domain. In its B2B expansion, Choise.com has…
Nevada sports betting revenue hit $1.43B in 2023; Macau sees surge in January
Sports gambling has seen rapid expansion in the US since the 2018 Supreme Court ruling allowing states to regulate sports betting within their respective borders. Among the states best known…
Dan Dolev sees Coinbase missing Q3 revenue estimates by 10%
Mizuho analyst forecasts up to $652 million in revenue for Coinbase in Q3. Dan Dolev continues to see sharp downside in the crypto stock to $27. Coinbase shares are already…
Bitcoin miner Canaan’s mining revenue rose 43% in Q2
Canaan Inc. (NASDAQ: CAN) has released its Q2 financial report showing an increase in mining revenue. The Bitcoin miner’s total revenue rose to $73.9 million, increasing by 33.7% compared to…
Sports betting revenue is soaring as Chancer sale nears $1.4M
Sports betting and gambling companies published strong financial results. Chancer token has raised almost $1.4 million in the past few weeks. Sports betting and gambling revenue jumped in the first…
Recently listed Bitcoin Depot reports record revenue for its Q2
Bitcoin Depot reports an 18% annualised growth in its Q2 revenue. The Bitcoin ATM operator also updated its full-year guidance today. Bitcoin Depot stock is in the green only marginally…
Bitcoin miner Hut 8 revenue declined by $18.3 million in Q2
Hut 8 posted revenue of $14.3 million (19.2 Canadian Dollars), which had fallen $18.3 million during the quarter compared to Q1, 2023. The company mined 399 Bitcoin (BTC) but sold…
CleanSpark reports a 47% annualised growth in quarterly revenue
CleanSpark narrowed its loss in its fiscal third quarter. The bitcoin mining company had a blockbuster July. CleanSpark shares are up over 150% YTD at writing. Bitcoin miner CleanSpark Inc…
Block reports a 34% increase in its second-quarter Bitcoin revenue
Block reports market-beating results for its fiscal second quarter. It attributed nearly half of its quarterly revenue to Bitcoin sales. Shares of the fintech still ended nearly 15% down on…
Coinbase reports a 13% sequential decline in transaction revenue
Coinbase reported its second-quarter financial results on Thursday. Berenberg analyst Mark Palmer sees downside in “COIN” to $39. Coinbase stock has nearly tripled since the start of the year 2023.…