MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500
MicroStrategy reported second-quarter earnings on Thursday.
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MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500
Still not switching over to mark-to-market, the company booked an impairment charge of $180.1 million in the second quarter.
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Coinbase's second-quarter revenue surges on crypto trading revival
Crypto markets have gotten a shot in the arm this year from the U.S. Securities and Exchange Commission's approval of an exchange-traded fund to track the spot price of bitcoin and more recently, ether, the second-biggest crypto token. Shares in the crypto exchange rose 2.2% in extended trading after results. Coinbase's total transaction revenue climbed to $780.9 million in the second quarter, compared with $327.1 million in the year-ago quarter.