# Earnings Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Earnings", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Strongest quarter in three years – Yet, Canaan’s CAN stays below $1!

Crypto miner Canaan reported its strongest quarterly revenue in three years, with Q4 revenue surging 121.1% year-on-year to $196.3 million. This growth was driven by increased mining output and high demand for its machines, including a record 14.6 EH/s in computing power shipments. Mining revenue alone rose 98.5% to $30.4 million, and the company expanded its digital asset holdings to 1,750 BTC and 3,950 ETH. Despite these strong operational and financial results, Canaan’s stock (CAN) continues to trade below $1, currently at $0.57, down nearly 7% in a day. The company faces potential delisting from Nasdaq after receiving a warning for non-compliance with the exchange’s minimum bid price requirement. Canaan has until July 13 to bring its share price above $1 for at least 10 consecutive trading days. The stock has fallen about 18% year-to-date and over 70% in the past 12 months, reflecting persistent investor concerns despite record performance.

ambcrypto02/11 15:02

Strongest quarter in three years – Yet, Canaan’s CAN stays below $1!

ambcrypto02/11 15:02

Robinhood Achieves Best Performance in History, Why Did Its Stock Price Halve?

Robinhood reported its best-ever annual performance in 2025, with revenue reaching $4.5 billion, a 52% year-over-year increase. Despite strong results in options trading, equities, and subscription services, its stock price fell nearly 50% from its October peak. The decline was largely driven by a significant drop in cryptocurrency trading revenue, which fell 38% year-over-year to $221 million in Q4, as lower Bitcoin prices reduced retail trading activity. Monthly active users also declined by 1.9 million. While Robinhood is diversifying into new products and expanding internationally to reduce crypto dependency, its near-term performance remains tied to cryptocurrency market sentiment and volatility.

比推02/11 13:13

Robinhood Achieves Best Performance in History, Why Did Its Stock Price Halve?

比推02/11 13:13

Must-Watch Next Week｜Double Whammy of Nonfarm Payrolls and CPI Data; Robinhood and Coinbase to Release Earnings (Feb 9-15)

**Key Events to Watch (Feb 9-15):** The upcoming week is packed with significant events and announcements. Major economic data releases include the US Nonfarm Payrolls (Feb 11) and CPI inflation data (Feb 13), both of which are critical for market sentiment. In the crypto space, Robinhood and Coinbase will release their full-year 2025 financial reports on Feb 10 and Feb 12, respectively. MegaETH’s public mainnet launches on Feb 9, while Aztec enables token transfers on Feb 12 following a passed TGE proposal. Other notable events: CME Group introduces Cardano, Chainlink, and Stellar futures (Feb 9); the White House holds another stablecoin meeting (Feb 10); Consensus Hong Kong takes place (Feb 10–12); and Pendle initiates sPENDLE buybacks (Feb 9). Regulatory and tax developments include PayPal issuing crypto tax forms by Feb 15 per IRS rules, and a hearing in Nevada regarding Coinbase’s prediction markets. Several altcoins will be delisted from Binance on Feb 13.

marsbit02/08 02:56

Must-Watch Next Week｜Double Whammy of Nonfarm Payrolls and CPI Data; Robinhood and Coinbase to Release Earnings (Feb 9-15)

marsbit02/08 02:56

Strategy shrugs off Q4 loss: ‘Bitcoin must hit $8K to force a sale’

Strategy CEO Phong Le dismissed concerns over the firm's $17.4 billion Q4 2025 GAAP loss, stating it does not reflect a true cash loss. He emphasized that the company would only face issues if Bitcoin fell to $8,000 and remained there for an extended period. Le also highlighted a $2.52 billion cash reserve to support operations and dividend payments, countering criticism about leverage and fraud allegations from Bitcoin skeptic Peter Schiff. Despite Bitcoin's decline from $126K to $87K in Q4, treasury firms—including Strategy, which holds 713.5K of the total 813K BTC among peers—did not sell during the downturn. A recent rebound in BTC price led to a 26% surge in MSTR stock, illustrating its amplified exposure to Bitcoin.

ambcrypto02/07 11:02

Strategy shrugs off Q4 loss: ‘Bitcoin must hit $8K to force a sale’

ambcrypto02/07 11:02

Quarterly Loss of $12.4 Billion: Why Can’t It Stop Strategy from Frantically Buying Bitcoin?

MicroStrategy (now Strategy) reported a staggering net loss of $12.4 billion in Q4 2025, primarily due to the adoption of a new fair value accounting standard that required marking its holdings to market amid Bitcoin’s sharp decline to around $65,000. Despite the loss, the company aggressively expanded its Bitcoin position, purchasing an additional 41,002 BTC in January 2026, bringing its total holdings to 713,502 BTC — approximately 3.4% of Bitcoin’s total supply — with an average cost of $76,052 per coin. The firm’s core software business, though profitable with $123 million in Q4 revenue, was overshadowed by its Bitcoin-centric strategy. Strategy raised over $25.3 billion in capital during 2025, leveraging financial instruments to amplify its Bitcoin exposure. It maintains $2.25 billion in cash reserves to cover dividends and interest for 2.5 years. CEO Phong Le acknowledged risks, stating that if Bitcoin fell to $8,000, the company might need to restructure debt rather than sell BTC. The firm’s "Bitcoin flywheel" model relies on continuous capital raising and BTC appreciation, but compressed mNAV (1.07) and high-yield preferred shares (STRC, 11.25% dividend) reflect market skepticism. A prolonged downturn could trigger a negative feedback loop: falling BTC value → reduced ability to raise capital → potential forced BTC sales. Executive Chairman Michael Saylor emphasized long-term optimism, citing supportive U.S. policy and institutional adoption, while downplaying quantum computing risks as a decade away. Strategy remains a high-risk, high-reward bet on Bitcoin’s future.

比推02/06 14:44

Quarterly Loss of $12.4 Billion: Why Can’t It Stop Strategy from Frantically Buying Bitcoin?

比推02/06 14:44

Saylor Unveils Global Push To Make Bitcoin Quantum-Ready

Michael Saylor, during MicroStrategy's Q4 2025 earnings call, announced a global initiative to prepare Bitcoin for the future threat of quantum computing. While acknowledging the seriousness of the quantum risk, which he estimates is at least a decade away, Saylor warned against panic and rushed protocol changes that could introduce new vulnerabilities. Instead of advocating for a specific technical solution or timeline, MicroStrategy will launch a "Bitcoin security program" to coordinate with global cybersecurity and crypto communities. The goal is to build consensus and develop solutions responsibly when the time is right. The company also reported holding 713,502 BTC after purchasing an additional 32,470 BTC in Q4 and establishing a $2.25 billion cash reserve.

bitcoinist02/06 14:38

Saylor Unveils Global Push To Make Bitcoin Quantum-Ready

bitcoinist02/06 14:38

Saylor’s Strategy reports $17.4B loss in Q4 2025 after MSTR’s 80% fall

Michael Saylor's firm, MicroStrategy, reported a massive $17.4 billion operating loss in Q4 2025, primarily as an unrealized loss on its substantial Bitcoin holdings. The company holds 713,502 BTC, purchased at an average price of $76,000, which have declined in value amid a broader crypto market downturn. This caused the value of its stash to drop by $8 billion to $46.2 billion. Consequently, the company's stock, MSTR, plummeted 80% in value from its 2025 peak, falling back to its 2024 price range of $100-$180. This decline has reportedly resulted in significant paper losses for several U.S. pension funds that invested in the stock.

ambcrypto02/06 10:24

Saylor’s Strategy reports $17.4B loss in Q4 2025 after MSTR’s 80% fall

ambcrypto02/06 10:24

Strategy Now Holds 713,502 Bitcoin — Is MSTR Too Big To Fail as BTC Price Slides

Strategy, formerly MicroStrategy, reported significant losses in its Q4 2025 earnings, with an operating loss of $17.4 billion and a net loss of $12.6 billion, largely due to its massive Bitcoin holdings. The company holds 713,502 BTC, purchased at an average price of $76,052 per Bitcoin. With Bitcoin's price decline, the company faces billions in unrealized losses. Despite this, Strategy continues to buy more Bitcoin and shows no intention of selling. Public pension funds, which invested in MSTR as a Bitcoin proxy, are also facing mounting losses, raising concerns about fiduciary risks. The stock fell sharply after the report.

ccn.com02/06 08:02

Strategy Now Holds 713,502 Bitcoin — Is MSTR Too Big To Fail as BTC Price Slides

ccn.com02/06 08:02

Crypto Morning Report: Crypto Market Bloodbath, Strategy Releases Q4 Earnings

Crypto Market Bloodbath: Key Updates & Strategy's Q4 Report The crypto market experienced significant turmoil, with Bitcoin dropping below $73,000. Major developments include: U.S. economic data showed higher-than-expected weekly jobless claims. The CFTC withdrew a proposal to ban political prediction markets. Treasury Secretary Scott Bessent testified that the U.S. will not "bail out" Bitcoin or direct banks to buy crypto, though the government holds over $15B in seized BTC. Policy moves included Virginia proposing a bill to create a state cryptocurrency reserve fund. The House launched an investigation into a $500M deal between a Trump-linked crypto project and an UAE entity. Company news featured Espresso releasing its ESP tokenomics with a 10% airdrop. Binance denied sending legal threats to a user who alleged insolvency. A wallet labeled Trend Research moved 8,000 ETH to Binance. Strategy Inc. reported a massive Q4 net loss of $12.4B, citing digital asset depreciation. It holds 713,502 BTC at an average cost of ~$76,052. Tether announced a $100M strategic investment in Anchorage Digital. The report also covered broader themes like AI's need for crypto-based trust systems and crypto's evolving role as a settlement layer for the internet economy.

marsbit02/06 01:15

Crypto Morning Report: Crypto Market Bloodbath, Strategy Releases Q4 Earnings