Tag:

Profit

Coinshares Reports $32.4M Q2 Profit Amid Crypto Gains
Crypto Trends

CoinShares Reports $32.4M Q2 Profit Amid Crypto Gains

by admin



CoinShares, a leading European digital asset manager, reported a net profit of $32.4 million in the second quarter, slightly up from $31.8 million in the last year.

CoinShares reported that its total assets under management (AUM) rose 26% to $3.46 billion, despite $126 million of outflows in XBT. Growth was supported by a 29% rise in Bitcoin and a 37% increase in Ethereum during the quarter. 

The Asset Management division generated $30 million in management fees, supported by $170 million in net inflows into CoinShares Physical products. This marked the second-strongest quarter ever for this product line. The BLOCK Index returned 53.7%, beating Bitcoin as well as traditional benchmarks such as S&P 500 & MSCI World.

CoinShares’ Capital Markets and Treasury

CoinShares’ Capital Markets unit earned $11.3 million during the quarter. Ethereum (ETH) staking was the largest contributor, bringing in $4.3 million. Meanwhile, Delta Neutral Trading Strategies earned $2.2 million, and Lending contributed $2.6 million.

The treasury management team had $7.8 million in unrealized gains, up from a $3 million loss in Q1. CoinShares continues to manage its treasury holdings strategically to get the most out of them.

Future Outlook

Bitcoin reached an all-time high of $124,128 on August 14, 2025, and Ethereum reached $4,948 on August 24, 2025. With these historic highs, CoinShares CEO Jean-Marie Mognetti indicated the company is expecting a good second half of the year.

Jean-Marie said, “We believe this move from Sweden to the US will unlock substantial value for our shareholders by entering a market with significant breadth and depth and where market leading companies in the digital asset sector are highly valued by investors.”

He further noted that heightened market activity post-quarter depicts favorable momentum. Mognetti further stated that CoinShares is undergoing a US listing, which may unlock a lot of value for the shareholders.

Also Read: Crypto Execs To Launch $200M Bitcoin Infrastructure SPAC Eyeing IPO



Source link

0 comments
0 FacebookTwitterPinterestEmail
CD Projekt H1 profit rises 4.3% to $121m
Esports

CD Projekt H1 profit rises 4.3% to $121m

by admin


CD Projekt has published its financial results for the first half of 2025, reporting a 4.3% increase in sales revenue to PLN 443 million ($121 million).

However, its net profit experienced a 7.7% drop compared to the first half of 2024, going from PLN 170 million ($46.5 million) to PLN 155 million ($42.4 million).

Looking at its rise in sales revenue, CD Projekt attributed this to “strong sales” of Cyberpunk 2077 and its expansion Phantom Liberty, in addition to the “continuously important” sales of The Witcher 3: Wild Hunt.

During the first half of 2025, The Witcher 3 surpassed 60 million units sold ten years after its launch while Phantom Liberty sold 10 million copies in two years.

“CD Projekt’s revenue stream continues to be dominated by Cyberpunk 2077 together with its Phantom Liberty expansion,” said CFO Piotr Nielubowicz.

“We also continue to ramp up investments in ongoing projects – our expenditures on development work associated with future releases exceeded PLN 240 million ($65 million) in the first half of the year.”

CD Projekt released a Nintendo Switch 2 edition of Cyberpunk 2077 and its expansion, which resulted in higher sales for the current period. The developer noted that 75.4% of sell-in unit sales were physical and 24.6% were digital.

Watch on YouTube

The Switch 2 physical edition of Cyberpunk 2077 is stored on a 64GB cartridge rather than a Game Key Card. CD Projekt’s VP of business development Jan Rosner said this decision was made for players to have a “plug and play experience”.

“Nintendo at physical retail is still strong, and retail is, in general, not going anywhere,” Rosner told The Game Business.

“We maybe could have gotten away with it, but is there a point? The right thing to do was to have it out on the cartridge with a plug and play experience.”

He continued: “Do not underestimate the physical edition. It’s not going anywhere and Nintendo players are very appreciative of physical editions that are done right.”

Elsewhere, CD Projekt shared an update on its employee headcount. At the end of April 2024, there were 730 developers working on games in production. The majority (422 people) were working on The Witcher 4, while 96 people were on Cyberpunk 2.

At the end of July 2025, the total number of developers increased to 799. Most were still working on The Witcher 4, increasing to 444 people. But Cyberpunk 2 also saw a rise in developers to 116 people.

Overall, the total employee count at CD Projekt was 1,248 by the end of the first half of 2025, an increase of 8.6% compared to the end of 2024.



Source link

0 comments
0 FacebookTwitterPinterestEmail
IREN Post First Full-Year Profit, Shares Rise
Crypto Trends

IREN Post First Full-Year Profit, Shares Rise

by admin



Bitcoin BTC$109,698.58 miner IREN (IREN) posted its first full-year profit as the company founded in 2018 expanded into AI cloud computing and ramped up production capacity with more efficient rigs. The stock climbed in pre-market trading.

Net income in the year ended June 30 rose to $86.9 million from a loss of $28.9 million the year before, IREN said on its website on Thursday. Revenue more than doubled to a record $501 million as the Sydney-based company increased production capacity to 50 exahashes per second (EH/s). Adjusted earnings before interest, tax, depreciation and amortization (Ebitda) surged to $269.7 million, nearly five times last year’s level,

With nearly 3 gigawatts of contracted power and expansion in both bitcoin mining and AI infrastructure, IREN has positioned itself as one of the sector’s fastest-growing participants. Market cap, currently $5.3 million, is on the verge of overtaking its largest rival, MARA Holdings (MARA), which is valued at under $6 billion, Farside Investors data shows.

The Nasdaq-traded stock rose 13% before the market opening, adding to the year’s existing gain of more than 120%.

Mining operations generated more than $1 billion in annualized revenue, while the AI cloud unit is on track for as much as $250 million in annualized revenue by December, the company said. It has 10,900 NVIDIA GPUs already deployed and capacity for more than 60,000 GPUs across existing sites.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Xrp Rally Brings 94% Holder In Profit, Chart Warns Of 20% Fall
GameFi Guides

XRP Rally Brings 94% Holder in Profit, Chart Warns of 20% Fall

by admin



XRP, the cryptocurrency launched by Ripple Labs in 2012 to power fast global payments, has surged above $3, sending nearly 94% of its circulating supply into profit, data from blockchain analytics firm Glassnode shows. 

The token has gained more than 500% in the past nine months, climbing from under $0.40 to $3.11. XRP is now the fifth-largest cryptocurrency by market value, according to CoinMarketCap.

Such widespread profitability has historically marked overheated conditions. When more than 90% of holders were in profit in early 2018, XRP peaked near $3.30 before losing 95% of its value. The same configuration was seen in April 2021 when the token fell 85% after reaching the peak of $1.95.

Profitability Metrics Signal Warning Signs

One key indicator, Net Unrealized Profit/Loss (NUPL), which tracks the gap between unrealized gains and losses, has now entered the “belief–denial” zone. Analysts note this phase often comes before major tops.

In both 2017 and 2021, XRP reached its highest prices when the NUPL was similar While investors today are heavily in profit, the market has not yet entered the “euphoria” stage, where heavy selling typically begins.

Chart Pattern Shows 20% Downside Risk

On the charts, XRP is consolidating inside a descending triangle pattern, with repeated retests of support near $3.05. An actual breakdown may drive the token to $2.39 by September, a 23% drop. 

Nevertheless, in case bulls manage to break above the resistance line, XRP might recover momentum, and some analysts propose targets of up to $3.50.

The next few weeks will determine whether new inflows, which are being spurred by institutional demand and momentum within the broader altcoin market, can soak up possible profit-taking. 

Also Read: Wellgistics Health Launches XRP Payments for U.S. Pharmacies



Source link

0 comments
0 FacebookTwitterPinterestEmail
Close