Retail investing and trading platform Robinhood has announced its financial results for the second quarter of 2024, and cryptocurrency trading played a significant role in the company's impressive performance. Robinhood reported a 40% year-over-year surge in total net revenues, reaching $682 million. Transaction-based revenues led the charge, increasing 69% to ...
MicroStrategy, the largest corporate holder of Bitcoin and the world's first Bitcoin development company has released its financial results for the second quarter of 2024, which ended on June 30. The company reported that its Bitcoin holdings have reached 226,500 BTC, with a market value now 70% higher than the ...
Riot Platforms, a leading Bitcoin mining company, reported a total revenue of $70.0 million for the second quarter of 2024, a decline from $76.7 million in the same period last year. This decrease was attributed to the Bitcoin halving event in April, which significantly reduced the block rewards for miners.However, ...
