Strategy Announces $1.5B Bond Buyback, Contemplates BTC Sales
Last week, Michael Saylor said its ok to sell BTC to pay dividends; now his DATco is preparing to tap the treasury to repay early investors.
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Learn what bullish means in crypto, how bullish sentiment works, examples, risks for traders, and related terms in a concise glossary explainer. The post Bullish: What Bullish Means For Crypto Traders And Investors appeared first on BiteMyCoin.
Read full articleLast week, Michael Saylor said its ok to sell BTC to pay dividends; now his DATco is preparing to tap the treasury to repay early investors.
The post Bullish Posts Q1 Earnings Miss, $605M Loss appeared on BitcoinEthereumNews.com. Shares in the US crypto exchange Bullish fell on Thursday after the company’s first-quarter earnings missed analysts’ top and bottom line expectations. Bullish’s adjusted revenue for the quarter ended March 31 was $92.8 million, up from $62.4 million a year ago, but below Wall Street expectations of $95.4 million. The company reported a net loss of $604.9 million, deeper than its $348.6 million loss in the prior-year period. Its adjusted earnings per share were 13 cents, below estimates of 17 cents. Bullish is the latest crypto company to report an earnings miss after the wider crypto market fell from January to March, with Bitcoin falling 24% over the quarter, according to CoinGecko. Shares of Bullish (BLSH) fell 5.6% during Thursday’s trading session to close at $39.46, then rose 1% in after-hours trading. Shares in Bullish dropped on Thursday on the company’s first-quarter results. Source: Googl
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