Core Scientific Stock Falls on Q4 Earnings Miss
Core Scientific reported fourth-quarter revenue below analyst expectations, as lower Bitcoin prices and rising costs weighed on mining performance.
Core Scientific reported fourth-quarter revenue below analyst expectations, as lower Bitcoin prices and rising costs weighed on mining performance.
eToro shares rose over 20% after reporting a Q4 earnings beat, with crypto-related activity driving a significant share of revenue and income.
Metaplanet reported a sharp revenue increase after pivoting to Bitcoin income operations, with crypto-related activities accounting for the vast majority of sales.
Coinbase shares rose 12% despite missing Q4 revenue and profit estimates, as analysts lowered price targets citing weak trading and macro pressures.
Coincheck posted $915 million in third-quarter revenue and returned to profitability as Pascal St-Jean prepares to assume the CEO role in April.