In April, the London-based company reported a full-year net loss of 194.2 million pounds compared with net income of 30.8 million pounds the year before, reflecting the sharp drop in the value of bitcoin (BTC) during the previous 12 months, as mining firms across the industry struggled to stay afloat.
Related posts
-
Survival of the healthiest: Creating a successful crypto
Disclosure: The views and opinions expressed here belong solely to the author and do not represent... -
AI, Blockchain Integration Can Boost Trust, Prevent Misuse, Expert Says
Integrating AI with blockchain can enhance AI’s trustworthiness and... -
Crypto Exchange Kraken Adds PNUT, NEIRO, NOT and 16 Other Altcoins to Listing Roadmap
Crypto exchange giant Kraken is adding a slew of altcoins to its listing roadmap, signaling upcoming...