In brief
- Bitcoin miner MARA posted a less than stellar quarterly report this week.
- Coinbase likewise swung and missed on earnings.
- The good news? Meta might be back in the stablecoin game.
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Bitcoin miners wrangle with malaise, Coinbase tries a little misdirection ahead of its earnings miss, and sources say Meta is stablecoin curious.
Bitcoin miners’ malaise
Publicly traded Bitcoin miners have faced some dark days this week.
Stocking up on BTC wasn’t enough to help MARA Holdings, which trades on the Nasdaq under the MARA ticker, outrun a lousy quarterly report on Thursday.
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Author: Stacy Elliott
