ChainCatcher news, according to Cointelegraph, Bitcoin mining company Core Scientific has announced its performance for the fourth quarter and the entire year of 2024. The company reported a net loss of $265.5 million in the fourth quarter, primarily due to a non-cash mark-to-market adjustment of $224.7 million related to "warrants and other contingent value rights liabilities."The company stated that due to a significant year-over-year increase in its stock price, it needed to update the accounting treatment of its financial obligations, necessitating the adjustment. Core Scientific emphasized that this loss does not represent an actual cash outflow.

ChainCatcher news, according to The Block, MicroStrategy (now "Strategy") has announced its fourth-quarter financial results, with its Bitcoin holdings nearly doubling. Operating expenses for the quarter reached $1.103 billion, a year-over-year increase of 693%. The company reported a net loss of $670.8 million, with total revenue of $120.7 million, approximately $3 million below general expectations and a 3% decline from last year. As of December 31, 2024, the company's cash and cash equivalents stood at $38.1 million, down from $46.8 million in the same period last year.Strategy currently holds 471,107 Bitcoins, valued at approximately $4.4 billion. The fourth quarter saw the largest quarterly increase in the company's Bitcoin holdings, ultimately acquiring 218,887 BTC for $20.5 billion. The company reported a BTC yield of 74.3% year-to-date.Additionally, Strategy announced another new KPI, the annual "BTC Yield" and "BTC Dollar Yield," with the 2025 annual "BTC Dollar Yield" target set at $10 billion.

ChainCatcher news, according to Jinshi reports, BlackRock released its Q4 2024 financial report. During the period, net inflows into stocks reached $126.57 billion, far exceeding the market expectation of $73.47 billion; revenue reached $5.68 billion, higher than the expected $5.59 billion; base fees and securities lending income were $4.42 billion, slightly above the expected $4.38 billion.As of the end of the quarter, BlackRock's assets under management reached $11.55 trillion, slightly below the market expectation of $11.66 trillion.

ChainCatcher news, the virtual asset exchange Bithumb announced that its operating profit for the third quarter of 2024 was 7.4 billion won (5.26 million USD), turning around from an operating loss of 650 million won in the same period last year. Revenue was 68.9 billion won (49.01 million USD), an increase of 112.7% year-on-year. The net profit for the period was 3.1 billion won, reversing from a net loss of 10.6 billion won in the same period last year.A Bithumb representative stated: "With the overall increase in attention to virtual assets, investor sentiment has recovered, and the number of virtual asset trading users has also increased, leading to improved performance."

ChainCatcher news, according to Watcher.Guru, Tesla's third-quarter financial report shows that the company did not sell any Bitcoin during the quarter.In addition, Tesla (TSLA.O) reported Q3 2024 revenue of $25.18 billion, with market expectations at $25.4 billion, compared to $23.35 billion in the same period last year.

ChainCatcher news, Polkadot community members Alice and Bob released the Treasury operational report for the third quarter of 2024 on the official governance forum.The report shows that the Polkadot treasury balance is 33.3 million DOT (150 million USD), and after deducting liabilities, the surplus is 32.4 million DOT (149 million USD).In terms of expenditures, the Polkadot treasury spent a total of 27 million USD (5.2 million DOT) in the third quarter, which is about half of the total expenditures in the second quarter (from 58 million USD down to 27 million USD), and in DOT terms, it decreased from 8 million DOT to 5.2 million DOT.Specifically, marketing-related expenditures saw the largest decrease, dropping from 27 million USD to 9.9 million USD; development-related expenditures remained stable, increasing from 10 million USD to 11.9 million USD; operational expenditures also remained at a similar level, decreasing from 1.7 million USD to 1.4 million USD; talent and education-related expenditures saw a slight increase, rising from 2.3 million USD to 3.8 million USD; research expenditures remained low, decreasing from 1.5 million USD to 310,000 USD; no economic incentive proposals were approved this quarter.

ChainCatcher news, according to GlobeNewsWire, Bitcoin mining company BitFuFu announced its unaudited financial results for the second quarter ended June 30, 2024. Total revenue reached $129.4 million, a year-on-year increase of 69.7%.Among them, revenue from cloud mining solutions was $77 million, a year-on-year increase of 66.8%; revenue from Bitcoin self-mining business was $51.1 million, a year-on-year increase of 81%. Net income was $1.3 million, compared to $5.1 million in the same period of 2023. As of June 30, 2024, the combined balance of cash, cash equivalents, and digital assets was $155 million, compared to $76 million as of December 31, 2023.

ChainCatcher news, Hong Kong listed company OSL Group has released its interim results announcement for the six months ending June 30, 2024.Key performance data:The International Financial Reporting Standards revenue from digital asset and blockchain platform business was HKD 123.8 million, a year-on-year increase of 17.7% compared to HKD 100.52 million last year;The loss from continuing operations significantly decreased by 90.2% year-on-year from HKD 98.9 million to HKD 9.6 million;The digital asset balance includes approximately HKD 179 million held by the Group in designated client accounts under various contractual arrangements (December 31, 2023: HKD 639 million). Additionally, it includes the Group's proprietary digital assets of approximately HKD 258 million (December 31, 2023: HKD 184 million). The balance is measured at fair value through profit or loss;As of June 30, 2024, the fair value of digital assets received from clients and held on their behalf by the wholly-owned subsidiary and Hong Kong Securities and Futures Commission licensed corporation OSL Digital Securities Limited was approximately HKD 3.612 billion (December 31, 2023: HKD 874 million).

According to ChainCatcher news, as reported by PRnewswire, the Web3 listed company DeFi Technologies has released its financial performance report for the three and six months ended June 30, 2024, which discloses:A cash balance of CAD 19.5 million (USD 14.2 million), along with holdings of USDT valued at USD 54.5 million and 110 BTC.The digital asset fund positions include: 204.23 BTC, 12,775 SOL, and 1,484,148 CORE, with a total value of approximately USD 21.2 million.The assets under management increased by 43.7% from CAD 508.1 million (USD 370.8 million) as of December 31, 2023, to approximately CAD 730.1 million (USD 532.2 million) as of June 30, 2024.Total revenue for the second quarter of 2024 was CAD 133.2 million (USD 98 million), showing significant improvement compared to total revenue of CAD 7.4 million (USD 5.4 million) in the same period of 2023.