Financial Statement

Bitcoin miner Riot Platforms reports record $211M Q1 net income

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Bitcoin miner Riot Platforms reports record $211M Q1 net income 2024-05-02 at 04:04 By Cointelegraph by Brayden Lindrea Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine. This article is an excerpt from Cointelegraph.com News View Original Source

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MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues

accounting, Convertible Note, Debt Offering, Financial Accounting Standards Board, Financial Statement, Michael Saylor, Phong Le, Quarterly Results /

MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues 2024-04-30 at 03:01 By Cointelegraph by Brayden Lindrea MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account. This article is an excerpt from Cointelegraph.com News View

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