S&P 500 Closes at Record 7,599 as Stocks Outrun a Lagging Bitcoin
In recent developments, the S&P 500 climbed 0.26% to a record close of 7,599.96, opening the month with fresh all-time highs across major U.S. indexes, even as bitcoin slipped and…
Securitize Tops Q1 2026 With Record Revenue While NYSE and Blackrock Deals Ex…
In recent developments, securitize reported its highest quarterly revenue on record Wednesday, driven by a 201% jump in asset servicing fees tied to growing institutional demand for tokenized real-world assets.…
Soluna revenue jumps 58% as hosting business offsets weaker Bitcoin mining
In recent developments, hosting revenue outpaced mining as new capacity came online, highlighting Soluna’s shift toward data centers for AI and high-performance computing. Looking closer, market participants highlight key drivers…
Gemini Stock Jumps on Revenue Rise, $100M Bitcoin Investment From Winklevoss …
In recent developments, crypto exchange Gemini secured a $100 million Bitcoin investment from its founders’ fund, and revealed a 42% YOY Q1 revenue bump. Looking closer, market participants highlight key…
Gemini reports 42% revenue growth after expansion into financial services
In recent developments, gemini credit card revenue surged nearly 300% to $14.7 million in Q1, attributed to significant growth in its user base. Looking closer, market participants highlight key drivers…
BitGo posts wider Q1 loss despite revenue more than doubling
In recent developments, bitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter.…
Marathon Posts $1.3B Loss as Bitcoin’s 18% Slide Cuts Q1 Revenue by $35M
In recent developments, marathon Holdings reported a challenging first quarter for 2026, characterized by a significant net loss despite strategic efforts to reduce debt and pivot toward artificial intelligence (AI).…
Circle Q1 Revenue Rises as USDC Transaction Volume Jumps 263%
In recent developments, circle reported higher first-quarter revenue and reserve income as USDC activity surged across its network. Total revenue and reserve income reached $694 million, up 20% year over…
TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income d…
In recent developments, teraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.…
TeraWulf’s AI Compute Revenue Outpaces Bitcoin Mining Amid $427 Million Loss
In recent developments, publicly traded Bitcoin miner and data center operator TeraWulf reported a hefty net loss in Q1 as its AI revenue took over from BTC. Looking closer, market…
