Hims & Hers under fire over copycat weight loss drugs
Hims & Hers is facing battles on multiple fronts as it seeks to maintain its lucrative business in copycat weight loss drugs. Fed...
Metaplanet Posts $605 Million Loss After Spending Billions on Bitcoin
In brief
Metaplanet disclosed a full-year loss of $605 million.
The company has paid $107,000 per Bitcoin on average for its $2.4 billi...
Morning Minute: Coinbase Reports $667 Million Loss Amid Bitcoin Dive
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily re...
Coinbase Reports Q4 Miss With $667 Million Loss Amid Bitcoin Retreat
Coinbase disclosed $1.78 billion in fourth-quarter revenue on Thursday, indicating that its business suffered alongside Bitcoin’s retre...
Coinbase swings to surprise loss amid crypto exodus, but says traders are buying the dip
The crypto exchange’s stock bounced off a two-year low as it looked to ease investor worries amid a sharp crypto selloff.
Tom Lee’s BitMine Buys More Ethereum Despite $7.5 Billion Unrealized Loss
In brief
BitMine Immersion Technologies added around $83 million worth of ETH last week.
The firm now holds 4.325 million ETH, or over ...
Bitcoin Giant Strategy Records $12.4 Billion Q4 Loss as MSTR Shares Hit 18-Month Low
In brief
Strategy reported a fourth-quarter loss of $12.4 billion.
The company’s stock price fell to its lowest point in 18 months.
Bit...
Tom Lee says BitMine’s $6 billion ether paper loss is “by design”
BitMine Immersion chairman Tom Lee pushed back against criticism of its growing paper losses this week, saying the drawdown reflected t...
New Zealand’s Synlait Milk expects first-half loss on high costs, operational woes
New Zealand’s Synlait Milk expects first-half loss on high costs, operational woes
Galaxy Digital Shares Dive Following $482 Million Q4 Loss
In brief
Galaxy’s investment portfolio value fell $449 million in Q4.
The company highlighted a stable value for its loan book.
Galaxy ...