Community Articles

via Cointelegraph · By Cointelegraph Staff

Bitcoin Firm Nakamoto Records Q1 Net Loss Despite Revenue Boom

BTC

BTC/USDT

$64,695.40

+0.41%

$64,695.40

+0.41%

(24s)

24h Volume

$5,010,132,017.55

24h H/L

$64,940.51 / $64,263.03

Change: $677.48 (1.05%)

Long/Short

64.1%

Long: 64.1%Short: 35.9%

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,695.08

▲ 0.50%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$65,295.47

Price$64,695.08

Support 1$64,050.00

Support 2$62,290.69

Support 3$57,800.19

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):52.1

Cointelegraph Staff

(07:02 AM UTC)

1 min read

Approved byEmily Watson

1204 views

0 comments

Bitcoin company Nakamoto saw a 500% quarter-on-quarter increase in Q1 revenue after completing two key strategic acquisitions in February aimed at expanding its footprint across the Bitcoin ecosystem.

Despite recording a $238.8 million net loss, Nakamoto CEO David Bailey said Wednesday that Q1 “marked a transformational period” for the company as it closed the acquisitions of Bitcoin-focused…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Cointelegraph Staff · Cointelegraph

Read original →

Live BTC price →More BTC news →

Comments