CryptoBearishBlockonomi · 2h ago6/10
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SoFi (SOFI) Stock Plummets 10% as Crypto Division Reveals Paper-Thin Profit Margins
SoFi's stock fell 10% after Q1 earnings revealed its crypto division generated only $852K in net revenue despite processing $121.6M in transactions, exposing razor-thin profit margins in the company's digital asset operations.