Tag: Loss

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TeraWulf’s AI Revenue Surges 117% but Posts $427M Loss

Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in...

Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

Trump Media & Technology Group (DJT) reported a $405.9 million first-quarter net loss on $871,200 in revenue, widening from $31.7 million a year earlier...

Strategy weighs selling bitcoin to fund dividends amid Q1 net loss

Strategy (MSTR), the world’s largest publicly traded corporate holder of bitcoin, floated the idea of selling bitcoin in order to cover its dividend obligations....

Michael Saylor’s Strategy (MSTR) booked massive Q1 loss as BTC tumbled

Strategy (MSTR) reported a net loss of $12.54 billion in the first quarter of 2026, as bitcoin BTC$80,592.79 fell from around $87,000 on Jan....

Galaxy Digital first-quarter loss narrows, AI push grows

Galaxy Digital (GLXY) narrowed its first-quarter loss as a shift in business mix and tighter financial management outweighed a decline in cryptocurrency prices.The company...

LayerZero Says Kelp Setup Caused Exploit, as Aave Loss Questions Mount

Interoperability protocol LayerZero claims that an inadequate setup tied to Kelp’s decentralized verifier network (DVN) enabled malicious actors to steal $290 million from Kelp...

End of ‘Mini Crypto Winter,’ as Bitmine Posts $3.8B Quarterly Loss

Bitmine Immersion Technologies chairman Tom Lee said Wednesday that the recent crypto slump was a “mini crypto winter” that may already be ending, in...

Bitmine sits on $10 billion ETH but books $3.6 billion loss

Bitmine Immersion Technologies has turned itself into the Ethereum version of Strategy, doubling its outstanding shares in six months and raising over $10 billion...

The Second Act of GLP-1: How Tirzepatide Rewrote the Economics of Medical Weight Loss

Share Share Share Share Email Once a diabetes drug, now the center of gravity in a category reshaping pharmacy, telehealth, and the business of long-term obesity care. When the first...

Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI

SpaceX is sitting on 8,285 BTC worth $603 million in Coinbase Prime custody while reporting a loss of nearly $5 billion for 2025, according...

Bitcoin Depot Reports $3.7M Loss after Breach of Corporate Wallets

Crypto ATM operator Bitcoin Depot said it lost 50.9 Bitcoin, worth about $3.7 million, after a hacker gained access to some of its internal...

BTC reverses early loss, rises above $72,000 on Middle East hopes

What appeared to be a down day in crypto markets has turned positive after Israeli Prime Minister Benjamin Netanyahu said he told his cabinet...