Section
Earnings reports, IPOs, M&A, corporate strategy and company news from major financial players.
Blockworks acquires Messari for ~$10M — a 97%+ drop from its $300M 2022 Series B valuation. The story of crypto-native data infrastructure as a defensible business is over.
Companies
85d ago · 3 min read
Companies
86d ago · 3 min read
Companies
86d ago · 2 min read
Companies
89d ago · 2 min read
Galaxy Digital Holdings, led by CEO Mike Novogratz, is pursuing a $100 million claim against BitGo in court. The dispute stems from Galaxy's 2022 decision to abandon its acquisition of the digital asset custody platform, citing BitGo's failure to deliver audited 2021 financial statements.
3 min read
Cryptocurrency payments platform MoonPay announced the acquisition of Decent as its fourth acquisition of the year, bolstering its newly launched MoonPay Trade offering. The deal follows recent acquisitions of DFlow and Sodot, signaling aggressive expansion in crypto trading infrastructure.
2 min read
SpaceX has filed for its initial public offering while reporting a $4.28 billion loss in the first quarter. The aerospace company continues to burn cash as it scales operations, raising questions about the path to profitability for the space sector.
3 min read
Securitize posted record first-quarter revenue of $19.5 million, up 39% year-over-year, driven by growth in asset servicing. The tokenization platform's net loss widened to $7.9 million as it increased spending ahead of a planned public listing via SPAC merger with Cantor Equity Partners II.
3 min read
Legal team admits to submitting fabricated quotes attributed to Claude AI in Trump layoffs litigation. The incident raises serious questions about AI use in courtrooms and attorney accountability.
3 min read
Bullish reported a $605 million loss as the value of its cryptocurrency holdings declined. The earnings miss triggered a dip in share price, reflecting broader volatility in digital asset valuations.
2 min read
BitGo Holdings reported Q1 2026 revenue of $3.77 billion, up 112.6% year-over-year, but net losses widened to $60.7 million due to Bitcoin price volatility and stock compensation costs.
1 min read
NYSE-listed crypto infrastructure firm BitGo reported $3.8 billion in Q1 revenue, up 112.6% year-on-year, though net losses expanded significantly.
2 min read
Metaplanet reported Q1 operating income of 2.27 billion yen ($14.38 million) on strong Bitcoin options revenue, but swung to a $728 million loss as BTC price declines triggered valuation markdowns during the quarter.
2 min read
EBay has formally rejected GameStop's unsolicited $55 billion acquisition proposal, deeming it neither credible nor attractive. The e-commerce giant's board determined the offer fails to represent fair value for shareholders.
2 min read
Bakkt reported a $11.7 million net loss in Q1 2026 as crypto services revenue plummeted 77% to $243.6 million. The digital asset platform is repositioning around stablecoin payments and AI-enabled financial infrastructure amid lower trading volumes.
2 min read
Exodus Movement reported a $32.1 million net loss in Q1 2026, more than double the prior year loss. Revenue fell 36.8% to $22.7 million as the crypto wallet company liquidated over 1,000 Bitcoin to fund acquisitions.
2 min read
Nvidia reported fiscal Q1 2027 revenue of \.3 billion — up 78% year-over-year — driven by data centre GPU demand that management says continues to exceed supply by a factor of three.
1 min read
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