MicroStrategy Earnings Flip From $10 Billion Profit to $8.2 Billion Loss in 1 Year
MicroStrategy earnings for the second quarter carried an $8.22 billion net loss and a new metric, BTC Hurdle ARR, that Strategy’s own Bitcoin yield is currently running below. The company set that hurdle at 10.8% and reported a 4.5% bitcoin yield for the year. Chief Financial Officer Andrew Kang called the figure its effective cost
Amazon AI Bet Pays Off as Q2 Earnings Crush Expectations: How Will Stock React?
Amazon beat Wall Street on every headline metric in the second quarter, and Amazon Web Services grew 37% year over year, its fastest pace in 18 quarters. Shares closed the regular session at $235.50, up 3.90%. The stock then climbed to $256.33 in after-hours trading, a further 8.85% gain, once the numbers landed Thursday. Why
Bitcoin, Ethereum Outperform Markets in July as Chip Stocks Plunge 22%
Bitcoin has posted an August loss every year since 2022, giving traders another seasonal risk to consider.
Legendary Investor Ray Dalio Still Holds Bitcoin — But Only 1% of His Portfolio
Bitcoin Magazine Legendary Investor Ray Dalio Still Holds Bitcoin — But Only 1% of His Portfolio Ray Dalio still prefers the precious metal over "digital gold." This post Legendary Investor Ray Dalio Still Holds Bitcoin — But Only 1% of His Portfolio first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
FTX Fifth Distribution Is Its Smallest Yet: Who Still Cannot Get Paid?
FTX's fifth distribution pays $900 million on July 31, its smallest round yet, with some creditors still blocked.
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