Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M
Exodus Movement reported a $32.1 million net loss in Q1, with revenue down 36.8% to $22.7 million amid a drop in monthly active users.
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HRT's reported revenue surge highlights the potential for increased market influence and systemic risk in both traditional and crypto markets. The post Hudson River Trading reportedly posts record $6.4B trading revenue in Q1 appeared first on Crypto Briefing.
Read full articleExodus Movement reported a $32.1 million net loss in Q1, with revenue down 36.8% to $22.7 million amid a drop in monthly active users.
MARA's strategic pivot towards AI and energy infrastructure highlights a shift in leveraging digital assets for diversified growth and stability. The post MARA sells 20,880 Bitcoin for $1.5 billion in Q1 as firm doubles down on AI appeared first on Crypto Briefing.
Circle just beat earnings and raised fresh capital for its new Arc blockchain, while Michael Saylor explained how and why he'd sell Bitcoin.
Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes.
The post Archer Aviation (ACHR) Stock Surges Following Strong Q1 Results and FAA Certification Progress appeared on BitcoinEthereumNews.com. Key Takeaways First quarter revenue reached $1.6 million while adjusted EBITDA loss of $172.5 million came in better than Wall Street’s $175 million projection. The company’s net loss expanded to $217.7 million due to increased expenditures on FAA certification efforts, testing programs, and defense initiatives. Archer made history as the first eVTOL manufacturer to successfully complete the FAA’s Phase 3 Type Certification requirements. Cash reserves stood at approximately $1.8 billion at quarter-end, with the firm maintaining its 2026 U.S. launch target. Shares of ACHR climbed roughly 6% during extended trading hours, despite remaining 26% lower year-over-year. When Archer Aviation released its first quarter figures, seasoned observers understood that top-line performance wouldn’t tell the full story. With revenue coming in at just $1.6 million,
SharpLink reported $12.1M in Q1 revenue and 872,984 ETH holdings as it shifts from staking into Galaxy-backed DeFi yield.
MARA shares fell after a Q1 revenue miss and $1.3B loss as Bitcoin mining pressure offset its AI data center expansion plans in 2026.
Strategy CEO Phong Le said last week that Bitcoin’s daily trading volume — averaging more than $60 billion — is large enough to absorb the company’s $1.5 billion in annual dividend payments without moving the market. Related Reading: Nearly 80% Of Bitcoin Supply Hasn’t Moved As Long-Term Holders Tighten Grip That comment preceded co-founder Michael Saylor’s latest post “Back to work, BTC” on X Sunday, a phrase he has used before to signal an imminent purchase. A Pattern That Repeats Strategy typically buys Bitcoin the day after Saylor posts that message. The company last bought on April 27, picking up 3,273 coins for around $255 million. That brought its total stash to 818,334 BTC, worth roughly $61.8 billion at the time of publication, according to data from Strategy’s own website. Its average purchase price per coin sits at about $75,537 — meaning the position is up around 7.6%. Back to work. $BTC pic.twitter.com/HLbBv5Sbbx — Michael Saylor (@saylor) May 10, 2026 The buying announcem