Cryptocurrency Wallet Exodus Posts Net Loss of $9.6 Million
Cryptocurrency wallet Exodus has reported strong financial results for the second quarter of 2024, with revenues up 80% year-over-year to $22.3 million. Despite the significant year-over-year growth, Exodus also suffered a significant loss in the second quarter of 2024, with a net loss of $9.6 million, compared to a loss of $1.9 million in the second quarter of 2023.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan: Oracle's aggressive AI investments raise concerns in the bond market
Spot gold falls below $4,290 per ounce, down 0.25% on the day
BlackRock received 567.25 BTC and 7,558 ETH from a certain exchange.
Strive increases SATA perpetual preferred stock dividend from 12% to 12.25%