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#quarterly-loss2 articles
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CryptoBearishCoinTelegraph โ€“ AI ยท Feb 277/106
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Bitcoin miner MARA posts $1.7B quarterly loss on BTC slump

Bitcoin mining company MARA reported a massive $1.71 billion quarterly loss primarily due to Bitcoin fair-value markdowns amid the cryptocurrency's price decline. The company is pivoting toward AI and high-performance computing as part of its strategic diversification efforts.

$BTC
CryptoNeutralDL News ยท Feb 126/105
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Coinbase shrugs off quarterly loss as crypto market tanks

Coinbase reported a quarterly loss amid the broader cryptocurrency market downturn, causing its stock price to decline. Despite the financial setback, company executives maintained confidence and assured investors that development and expansion efforts would continue uninterrupted.