More profitable than anticipated cryptocurrency reports were made.
Several crypto-centered public companies have recently presented quarterly earnings reports, showcasing increasing revenue and profits.
After going public, the fintech trading platform Robinhood has reported its first-ever profit. The firm recorded a net income of $25 million in the first quarter of 2023.
Bitcoin payment company Block has surpassed early estimates, registering a year-on-year growth of 34% in its Bitcoin revenue.