Twenty One Capital’s Bitcoin Gains Fuel First Profitable Quarter at $1.09B
Tether-backed Twenty One Capital reported $1.087 billion in third-quarter net income, largely driven by unrealized gains on its bitcoin holdings. Twenty One Capital Shares Slide Despite Billion-Dollar Profit Twenty One C...
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Tether-backed Twenty One Capital reports $1.09 billion Q3 net income on bitcoin gains
Twenty One Capital reported $1.09 billion in Q3 net income, driven by Bitcoin gains, while posting a $4.8 million operating loss.
Twenty One Capital CEO Says $1.09 Billion Quarterly Profit Came From Bitcoin, Not Business
Twenty One Capital (XXI) reported $1.087 billion in net income for the third quarter, and CEO Rapha Zagury told shareholders on Fr...
Twenty One Capital posts $1.087 billion Q3 net income on Bitcoin gains
The reliance on Bitcoin's valuation highlights the volatility risk for Twenty One Capital, emphasizing the need for diversified re...
Binance’s Reserve Page Shows 1.06 Billion More USDT Than Customer Balances After Hack Refill
Binance said on Nov. 12 it has finished covering all assets hit in its Oct. 29 hack, though customers can’t yet check that for the...
US seizes $1.2 billion frozen after North Korean Binance hack
The US Department of Justice (DoJ) yesterday announced the seizure of $1.2 billion in cryptocurrency stolen from Binance last mont...
Digital Credit: Comparing The Six Bitcoin Preferred Stocks
Bitcoin Magazine Digital Credit: Comparing The Six Bitcoin Preferred Stocks Digital credit is an emerging asset class that transfo...