# Сопутствующие статьи по теме Loss

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Loss", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Harvard University May Have Lost $150 Million in Cryptocurrency Trading! Has Liquidated Ethereum and Significantly Reduced Bitcoin ETF Holdings

Harvard University's endowment fund, Harvard Management Company (HMC), significantly reduced its cryptocurrency holdings in Q1 2026, reportedly incurring substantial losses. According to its latest 13F filing, HMC completely sold off its position in the BlackRock Ethereum ETF (ETHA) and cut its BlackRock Bitcoin ETF (IBIT) holdings by 43%, leaving a position worth approximately $117 million. This marks a sharp decline from a peak public crypto allocation of $443 million just two quarters prior. Analysis suggests these trades resulted in estimated losses exceeding $150 million, with Bitcoin positions sold at an average loss of around 28% and Ethereum positions at roughly 35%. The moves have sparked debate on whether HMC engaged in counterproductive "buy high, sell low" behavior. The article contextualizes HMC's crypto journey, beginning with its initial disclosed investment in IBIT and gold ETF GLD in Q2 2025 as an "inflation hedge." Aggressive buying in Q3 2025 made IBIT its largest single public holding at 20% of the portfolio, coinciding with Bitcoin nearing all-time highs. Subsequent trimming began in Q4 2025, with an initial foray into ETHA. Explanations for the recent drastic cuts extend beyond market timing. Harvard faces significant financial pressure, including an annual operating deficit and a major increase in endowment tax rates. With illiquid assets like private equity dominating the portfolio, the highly liquid crypto ETFs became the most practical source for necessary portfolio rebalancing and liquidity. Furthermore, the impending retirement of HMC's CEO adds a layer of reputational risk to holding volatile assets. The article contrasts Harvard's retreat with other institutions, such as Mubadala's continued accumulation of Bitcoin ETFs and Dartmouth's expansion into staking-oriented crypto products. It concludes that HMC's actions reflect a complex interplay of fiscal needs, risk management, and institutional constraints rather than simple speculative trading, highlighting how traditional finance logic applies to crypto within large endowment portfolios.

链捕手05/18 11:44

Harvard University May Have Lost $150 Million in Cryptocurrency Trading! Has Liquidated Ethereum and Significantly Reduced Bitcoin ETF Holdings

链捕手05/18 11:44

Bitcoin Slump Forces Metaplanet Into $728M Quarterly Loss

Metaplanet, a Tokyo-listed company, reported an ordinary loss of approximately $728 million for the first quarter of 2026. This significant loss was driven by non-cash valuation markdowns on its Bitcoin holdings, as the price of BTC fell about 24% during the period. Despite the loss, the company aggressively increased its Bitcoin treasury to 40,177 BTC, making it the world's third-largest publicly listed Bitcoin holder. It funded these purchases partly through a Bitcoin-collateralized credit facility. In contrast to the bottom-line loss, Metaplanet's operating performance was strong. It reported Q1 operating income of about $14.38 million on net sales of $19.5 million, achieving a 73.6% operating margin. Revenue more than tripled year-over-year, primarily from its Bitcoin Income Generation unit. The company's preferred performance metric, Bitcoin per diluted share, increased by 2.8% for the quarter. Metaplanet maintained its full-year 2026 sales and operating profit guidance but did not provide net income guidance due to Bitcoin price sensitivity.

bitcoinist05/15 08:02

Bitcoin Slump Forces Metaplanet Into $728M Quarterly Loss

bitcoinist05/15 08:02

Bitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1

Nakamoto, a Bitcoin-focused firm, reported mixed Q1 2026 results. While revenue surged over 500% quarter-over-quarter to $2.7 million, the company posted a net loss of $238 million. This loss was largely driven by non-cash charges, including a $102 million mark-to-market hit on its 5,058 Bitcoin holdings as cryptocurrency prices fell 23%. CEO David Bailey described the quarter as transformational, highlighting recent acquisitions of news outlet BTC Inc. and investment platform UTXO Management. Nakamoto is pivoting its strategy, planning to use its Bitcoin as collateral for yield-generating strategies and winding down its healthcare operations. However, the company's stock remains down over 99% from its peak, closing at $0.18 after a modest post-earnings bump. Notably, Nakamoto sold 284 Bitcoin on the last day of the quarter to fund operations and did not purchase any new Bitcoin during Q1.

bitcoinist05/14 17:33

Bitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1

bitcoinist05/14 17:33

Silicon Valley Wang Chuan: How Can You Not Feel Anxious When the Neighbor Lao Wang Earned 30x by Investing in Storage Stocks?

The author explores anxiety, attributing it to the amygdala's stress response, and suggests writing down worries to shift control to the rational prefrontal cortex, easing anxiety more effectively than mere reassurance. The piece then examines a source of financial anxiety in May 2026: a 150% surge in the Philadelphia Semiconductor Index, with storage stock SNDK skyrocketing 38x. The author analyzes the underlying logic behind this boom, tracing it to soaring valuations of AI startups like Anthropic (Anth). Anth's reported $400 billion ARR is scrutinized, revealing that cumulative revenue since founding is only about $108 billion, with the company still losing billions monthly and relying on continuous funding (having raised $723 billion). The author contrasts Anth's $1+ trillion valuation speculation with Berkshire Hathaway's fundamentals ($3.7 trillion revenue, $669 billion profit, $4 trillion cash, $1 trillion market cap), questioning the belief that a loss-making, funding-dependent startup could be worth more than the established giant. The narrative concludes by linking the massive valuations of Anth and OpenAI to a surge in AI industry capital expenditure (capex), which in turn fueled the storage sector's prosperity, setting the stage for a further discussion.

marsbit05/11 11:23

Silicon Valley Wang Chuan: How Can You Not Feel Anxious When the Neighbor Lao Wang Earned 30x by Investing in Storage Stocks?

marsbit05/11 11:23

Duan Yongping's Bottom-Fishing in CoreWeave Is Turning into a Battleground for Bulls and Bears

CoreWeave's Q1 2026 earnings report has intensified the ongoing bull-bear battle over the AI infrastructure stock. While revenue doubled year-over-year to $2.08B and the firm's remaining performance obligation (RPO) surged to nearly $100B, its net loss more than doubled to $740M. The critical point of contention is profitability: while adjusted EBITDA margin was a robust 56%, the adjusted operating margin collapsed to just 1% due to soaring infrastructure and sales costs. A weaker-than-expected Q2 revenue guidance further triggered an 11.4% single-day stock drop. The bull thesis hinges on CoreWeave's massive order backlog, deep strategic ties with NVIDIA (as a customer, investor, and key supplier), and a diversified client base now including Anthropic and Meta. The bear case focuses on the "scale at all costs" model, where expanding revenue leads to wider losses, ballooning debt ($25B), and massive capital expenditures ($6.8B in Q1). Insider selling by executives contrasts with a notable new investor: Chinese investor Duan Yongping initiated a small position (0.12% of his portfolio) in Q4 2025 near the stock's lows. The coming Q2 report is seen as a key test for management's promise of a profit margin recovery.

marsbit05/11 00:09

Duan Yongping's Bottom-Fishing in CoreWeave Is Turning into a Battleground for Bulls and Bears

marsbit05/11 00:09

Crypto Wealth Ranking Unveiled: Satoshi Nakamoto Seals Divinity with $89 Billion, Yet Some Can't Access a Single Penny

Arkham's 2026 On-Chain Wealth Ranking reveals the fortunes and pitfalls of the crypto world. Satoshi Nakamoto leads with an estimated $89 billion in dormant Bitcoin, a mythical founder whose untouched assets underpin market faith. The active player Justin Sun follows with $1.5 billion in diverse assets, contrasting sharply with those who've lost access: James Howells, who threw away a hard drive holding $650M in BTC; Rain Lohmus, locked out of $589M in ETH; and Stefan Thomas, down to his last two password attempts for a $569M wallet. Other notable figures include Ethereum's Vitalik Buterin ($533M), seen as an idealist; Chinese veteran miner DiscusFish ($213M); POAP founder Patricio Worthalter ($149M); and trader James Fickel, who, despite holding 49k ETH, once lost $43M on a trade. The list highlights key trends: vast wealth often stems from early holding, private key security is paramount, and on-chain assets bring unprecedented transparency. Ultimately, it's a snapshot of crypto history where immense fortune and permanent loss are separated only by a private key.

marsbit05/10 05:23

Crypto Wealth Ranking Unveiled: Satoshi Nakamoto Seals Divinity with $89 Billion, Yet Some Can't Access a Single Penny

marsbit05/10 05:23

Coinbase Q1 Earnings Report: Nearly $4 Billion Loss, Trading Volume Halved. Can AI + RWA Turn Things Around?

Coinbase's Q1 2026 earnings report revealed a net loss of $394 million, largely driven by $482 million in unrealized losses on its crypto asset holdings. Total revenue fell 31% year-over-year to $1.41 billion. Transaction revenue declined 40% to $756 million, reflecting a market-wide slump in crypto trading volumes. Consumer trading was particularly weak, down 48%, though Coinbase's global spot market share rose to a record 8.6%. Key bright spots included institutional trading revenue, which grew 37%, and a surge in derivatives activity following the Deribit acquisition. Subscription and services revenue of $584 million was more resilient, with stablecoin revenue up 11% to $305 million. Adjusted EBITDA remained positive at $303 million. Ahead of earnings, Coinbase announced a 14% workforce reduction (~700 employees) to accelerate its transition to an "AI-native" organizational model. Strategically, the company is pursuing its "Everything Exchange" vision, expanding into derivatives and predictive markets. Its partnership with Circle on USDC remains a core revenue moat, with over 25% of the stablecoin's $80 billion supply held on its platform. The company is actively engaged in shaping stablecoin legislation like the CLARITY Act. Despite significant losses and cyclical pressures, Coinbase is positioning itself as a broader on-chain financial infrastructure provider.

链捕手05/08 16:55

Coinbase Q1 Earnings Report: Nearly $4 Billion Loss, Trading Volume Halved. Can AI + RWA Turn Things Around?

链捕手05/08 16:55

Coinbase Misses Q1 Estimates as Crypto Slump Deepens Losses

Coinbase reported a significant net loss of $394.1 million for Q1 2026, missing Wall Street revenue estimates. This marks its second consecutive quarter of losses, a reversal from a $65.6 million profit a year earlier. Revenue of $1.41 billion fell short of the projected $1.5 billion, with transaction revenue plunging 40% and subscription/service revenue declining 13.5% year-over-year. The company attributed the poor results to a challenging macroeconomic environment, citing a more than 20% drop in both total crypto market capitalization and trading volume from the previous quarter. Following the earnings release, its shares fell 4.7% after hours. Amid a stock price decline of over 14.5% this year, Coinbase is exploring new business lines like prediction markets and has implemented cost-cutting measures, including laying off 700 workers. Despite the losses, CEO Brian Armstrong expressed optimism about the company's role in the transition to blockchain and highlighted efforts to expand trading capabilities beyond just cryptocurrency.

TheNewsCrypto05/08 11:58

Coinbase Misses Q1 Estimates as Crypto Slump Deepens Losses

TheNewsCrypto05/08 11:58

Coinbase Posts $394 Million Loss In Q1 2026 — And The Worst May Not Be Over

Coinbase reported a net loss of $394 million for Q1 2026, a sharp reversal from a $65.6 million profit a year ago. This missed analyst expectations as total revenue fell 30.5% to $1.41 billion, largely driven by a 23% decline in transaction revenue due to lower crypto trading volumes and prices. A significant factor was $482 million in unrealized losses on crypto holdings, primarily linked to Bitcoin's price drop. Excluding that, the adjusted net loss was $46 million. While subscription and services revenue remained strong at $584 million and adjusted EBITDA was positive, the results highlight the exchange's continued sensitivity to crypto market cycles. This follows recent workforce reductions and shows operating margin collapsing to -1.5%. The quarter underscores that despite its institutional standing, Coinbase's path to durable profitability remains tied to volatile crypto market conditions.

bitcoinist05/08 11:05

Coinbase Posts $394 Million Loss In Q1 2026 — And The Worst May Not Be Over

bitcoinist05/08 11:05

After Losing 97% of Its Market Value, iQiyi Attempts to Use AI to Forcefully Extend Its Lifespan

After losing 97% of its market value since its 2018 peak, iQiyi is aggressively pivoting to AI in a desperate attempt to survive. At its 2026 World Conference, CEO Gong Yu announced an "AI Artist Library" with over 100 virtual performers and a new AIGC platform, "NaDou Pro," promising faster production and lower costs. This shift comes as the company faces severe financial distress: its market cap sits near delisting thresholds at $1.36 billion, with significant losses, declining membership revenue, and depleted cash flow. The AI strategy has sparked controversy. Top actors have issued legal threats against unauthorized digital replicas, while in Hengdian, over 134,000 background actors are seeing their already scarce job opportunities vanish as AI replaces them for background roles. iQiyi's move represents a fundamental shift from being a high-cost content buyer to a landlord" to becoming a "platform capitalist" that transfers production risk to creators. This contrasts with competitors like Douyin (TikTok's Chinese counterpart), which is investing heavily in *real* actor-led short dramas, betting that authentic human connection retains users better than AI-generated content. The article draws a parallel to the 1920s transition to "talkies," which made cinema musicians obsolete but ultimately enriched the art form. In contrast, iQiyi's AI drive is framed not as an artistic evolution but as a cost-cutting measure that could degrade storytelling, replacing genuine human emotion with algorithmically calculated stimulation and potentially numbing audiences' capacity for empathy. The core question remains: can a company focused solely on financial survival preserve the art of storytelling?

marsbit04/23 09:49

After Losing 97% of Its Market Value, iQiyi Attempts to Use AI to Forcefully Extend Its Lifespan