WorldPingElon Musk’s SpaceX beat Wall Street revenue estimates in its first earnings report since June’s initial public offering (IPO), but the value of its 18,712 BTC treasury dropped $540 million in six months.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
Read the full report at Bitcoin.com
WorldPingKorea's Kospi fell 4.4% as the AI trade wobbled, and $101 billion of SpaceX stock becomes tradable Thursday.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingSpaceX plunged as investors grew concerned about the firm's $18.4 billion in capital expenditure during Q2, despite revenue growth.
Brief by WorldPing · Original reporting by The Block
WorldPingBitcoin’s low volatility doesn’t necessarily mean low risk — full report at CoinDesk.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingStrong earnings from SanDisk and Western Digital were not enough to satisfy investors, raising questions about whether capital is beginning to rotate from AI winners into crypto.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingThe investment brings the company’s total raised to $106 million across seven funding rounds since November 2021.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingThe two largest cryptocurrencies are the only CoinDesk 20 members in positive territory as altcoins fall out of favor.
Brief by WorldPing · Original reporting by CoinDesk
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