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Sunday 15 November

Companies13 Nov, 14:30 UTC

Nakamoto's Q3 revenue turns negative on options losses

Nakamoto's operating revenue for the third quarter turned negative after losses on options. Its shares fell after the results, down 6% before the market opened.

Illustration: A desk covered with paper reports, a pen and a pair of glasses, seen from slightly above, with an emerald accent. — Illustration

The company's revenue depends heavily on Bitcoin derivatives, which can swing sharply in value. That reliance shows how risky it can be to borrow against crypto assets.

Bitcoin$64,248down −21.80%over 1 month

Prices by CoinGecko. Past moves say nothing about future ones.

$1,000 in Bitcoin

Had you put Amount in dollars$ into Bitcoin a month ago, it would be worth – now.

From the prices in the chart, before any fees or taxes. Not a suggestion to buy or sell.

GuideIs the stock market open today? Hours and holidays of the main exchanges

Published: 13 Nov, 14:30 UTC
Updated: 13 Nov, 18:40 UTC
Section: Companies
Markets: Bitcoin

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake

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Companies13 Nov, 20:30 UTCSEC plans to loosen executive pay disclosure rulesThe US Securities and Exchange Commission plans to amend its rules on pay disclosure, loosening what companies must reveal about compensation.

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Companies13 Nov, 19:50 UTCPayward, Kraken's parent, posts Q3 adjusted EBITDA of $60 millionPayward, the parent of crypto exchange Kraken, reported lower third-quarter platform margin as trading activity slowed. The company is pushing into other financial services, including US prediction markets.

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Economy14 Nov, 22:30 UTCFAA ground stop halts US flights, leaving thousands canceledThe FAA halted departures across the country on Friday for more than four hours. The agency blamed a malfunction linked to an upgrade of its telecoms network, and the halt has since been lifted.

Crypto15 Nov, 02:30 UTCBitcoin falls near $63,000 as crypto liquidations pass $1.9 billionBitcoin slid about 13% over the week and moved toward $63,000 as weekend selling went on. Liquidations passed $1.9 billion and crypto ETFs lost $1.5 billion, hitting investors across the market.

Bitcoindown −21.80%1 month