DCG's Q1 revenue up 51% year-over-year
Digital Money Group (DCG) has announced its first-quarter financial results, with its first-quarter revenues up 51 percent year-over-year to $229 million, driven by rising cryptocurrency prices. In addition, Grayscale, DCG's largest subsidiary, reported revenues of $156 million, unchanged from the previous quarter.
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
UK House of Lords backs mandatory digital asset strategy over Labour position
Transat May Need Fare Cuts to Fill Seats as Demand Pressure Weighs -- Market Talk
Amazon.com's Whole Foods Market Plans Over $230 Million for Worker Pay, Benefits
Update: Equities Drop Intraday as Inflation Fears Mount Amid Surging Oil Prices