Hut 8 Mining stock down on a big hit to Q1 revenue: buy the dip?
Hut 8 Mining reports a 64% year-on-year hit to revenue in its Q1. Craig-Hallum analyst sees downside in “HUT” to C$2.0 a share. Hut 8 Mining stock is now down…
Should you buy Block stock on a boost to bitcoin revenue in Q1?
Block didn’t see an impairment loss on its bitcoin holdings in Q1. Analysts at KeyBanc continue to see upside in its shares to $85. Block stock is currently down about…
Analyst says ‘it doesn’t matter’ as Block reports a hit to BTC revenue in Q4
Block reports a 7.0% decline in its fourth quarter bitcoin revenue. Baird analyst David Koning shares his outlook on the Block stock. Shares of the financial technology company are up…
Mining revenue suggests Bitcoin is ready to move, but ONLY if macro environment co-operates
I jumped on-chain and noticed a key indicator – miner revenue – suggests that… The post Mining revenue suggests Bitcoin is ready to move, but ONLY if macro environment co-operates…