The company’s revenue dropped 63% in the third quarter, while a $127 million accounting gain helped turn an operating loss into a reported profit.
Bitcoin miner Cipher posts $31 million profit as AI pivot begins
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Bitcoin still falling despite pullbacks in oil and bond yields
Oil pulled back significantly on Monday and a rally in the U.S. 10-year government bond yield was snuffed out quickly. Nevertheless, the…
Crypto Daily
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Tether Holds About 150,000 Bitcoin, CEO Paolo Ardoino Says
TLDR Tether CEO Paolo Ardoino said the company holds about 150,000 Bitcoin. Tether’s Q3 report valued its Bitcoin reserves at $8.37 billion…
Blockonomi
45 minutes ago
Tether holds 150,000 bitcoin worth $11.5 billion, CEO Paolo Ardoino says
Ardoino didn’t say where the extra coins sit. Holdings outside USDT reserves, such as Tether’s investments, wouldn’t appear in the report.
CoinDesk
1 hour ago
