Crypto News
MicroStrategy Reports $102 Million Q2 Loss, Holds 226,500 Bitcoin
Despite a quarterly net loss of $102.6 million, MicroStrategy continues to focus on its Bitcoin strategy, and now holds more than $14 billion in BTC.Source link
Bitwise CIO Predicts Major Bitcoin Upside — Says ‘We’re Not Bullish Enough’
Bitwise’s chief investment officer has expressed that the industry is not bullish enough about bitcoin, given the current market dynamics. He pointed to increasing political support, including Donald Trump’s proposal for a national bitcoin stockpile and various legislative initiatives, as indicators of a potential market shift and significant upside for bitcoin investors. Bitwise CIO MattSource link
Coinbase Posts $1.4 Billion in Q2 Revenue, Claims Improving ‘Regulatory Clarity’
Coinbase quarterly transaction revenue was $781 million, down 27% from the first three months of 2024.Source link
Bitcoin Miner Marathon’s Shares Tumble After Revenue Unexpectedly Misses Wall Street’s Estimates
The miner said its adjusted EBITDA swung to loss, compared to previous quarter's profit.Source link
BlackRock’s Tokenized Fund on Ethereum Pays Out $2.1 Million
Monthly dividends continue to climb, as the tokenized fund has paid out more than $7 million since launch.Source link