ChainCatcher news, according to CoinDesk, Animoca Brands' latest financial report shows that the company's total revenue for 2024 is expected to be $314 million, a year-on-year increase of 12%. The focus of the business has significantly shifted, with its Digital Asset Advisory (DAA) department surpassing traditional Web3 operations for the first time as the main source of revenue. In 2024, the consulting department contributed $165 million in revenue, a year-on-year increase of 116%; while revenue from traditional gaming and NFT operations was $110 million, a decrease of about 40% compared to $182 million in 2023; investment income and risk management fees contributed $39 million.Despite private investment holdings decreasing by 18% from $690 million to $564 million (affected by token unlocks, equity exits, and asset write-downs), Animoca Brands' overall balance sheet for 2024 has still strengthened. The company holds $293 million in cash and stablecoins (a year-on-year increase of 67%), $538 million in digital assets (a year-on-year increase of 165%), and $2.9 billion in off-balance-sheet token reserves. Its minority equity investments cover 540 companies, an increase from 450 last year.

ChainCatcher news, according to CoinDesk, Bitcoin mining company Hut 8 released its 2024 financial report showing that the company achieved a net income of $331 million and revenue of $162 million for the year, benefiting from the rise in Bitcoin prices. As of the end of 2024, Hut 8 holds 10,171 Bitcoins, valued at approximately $905 million at current prices, most of which has been used as collateral to purchase more ASIC miners.The report indicates that Hut 8's energy cost per megawatt hour in the fourth quarter decreased by 30% year-on-year to $31.63. As of the end of December 2024, the company manages approximately 1,020 megawatts of power and has expansion plans exceeding 12,300 megawatts.Hut 8 deepened its collaboration with Bitmain, one of the world's largest mining machine manufacturers, signing a hosting agreement expected to generate $125 million in annual revenue and jointly developing the next generation of ASIC miners. At the same time, the company is increasing its investment in artificial intelligence infrastructure, with its subsidiary Highrise AI signing a five-year GPU-as-a-service customer agreement and receiving a $150 million strategic investment from Coatue to support the development of its AI business.

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.