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loss

South Korean funeral company reveals $33 million loss on leveraged ether ETF bet

South Korean funeral company reveals $33 million loss on leveraged ether ETF bet

2 weeks ago by Crypto InsightsCrypto

A South Korean funeral services company has reported an unrealized loss of about 45 billion won ($33 million) tied to investments in leveraged ether (ETH) exchange-traded funds (ETFs). The Seoul-based Bumo Sarang, Korean for Parental Love, invested in the T-REX 2X Long BMNR Daily Target… Read More

Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

3 weeks ago by Crypto InsightsCrypto

Trump Media & Technology Group (DJT) reported a $405.9 million first-quarter net loss on $871,200 in revenue, widening from $31.7 million a year earlier as unrealized losses on its crypto holdings weighed on results. The parent company of Truth Social booked $244 million in unrealized… Read More

Coinbase Misses Estimates on Q1 Revenue, $400M Loss

Coinbase Misses Estimates on Q1 Revenue, $400M Loss

4 weeks ago by Crypto InsightsCrypto

Coinbase shares slid Thursday after the US crypto exchange reported a steep first-quarter loss while revenue missed Wall Street expectations. Coinbase reported a net loss of $394.1 million in Q1, its second consecutive quarterly loss after reporting a $667 million loss in Q4 2025. It… Read More

Strategy weighs selling bitcoin to fund dividends amid Q1 net loss

Strategy weighs selling bitcoin to fund dividends amid Q1 net loss

4 weeks ago by Crypto InsightsCrypto

Strategy (MSTR), the world’s largest publicly traded corporate holder of bitcoin, floated the idea of selling bitcoin in order to cover its dividend obligations. Executive Chairman Michael Saylor suggested, during its Q1 2026 earnings call, the company may sell a portion of its bitcoin holdings… Read More

Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI

Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI

2 months ago by Crypto InsightsCrypto

SpaceX is sitting on 8,285 BTC worth $603 million in Coinbase Prime custody while reporting a loss of nearly $5 billion for 2025, according to Arkham Intelligence data and a report from The Information published late Friday. The loss marks a sharp reversal from a… Read More

BTC reverses early loss, rises above $72,000 on Middle East hopes

BTC reverses early loss, rises above $72,000 on Middle East hopes

2 months ago by Crypto InsightsCrypto

What appeared to be a down day in crypto markets has turned positive after Israeli Prime Minister Benjamin Netanyahu said he told his cabinet to start negotiations with Lebanon as soon as possible. This came after NBC News reported that President Trump had requested Netanyahu… Read More

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