Crypto Q2 Earnings: Strategy Make $10B Profit, Coinbase Investment Save
For Q2 2025, six big crypto companies dem report different earnings because di market dey shift towards more diverse digital money. Strategy make revenue of $14.03 billion (up 7,106%) and net profit of $10.02 billion, mainly because dem get $14 billion unrealized gains from Bitcoin value. Dem hold 628,791 BTC with average cost $73,277 and plan to raise $4.2 billion through perpetual shares to hold more. Coinbase revenue drop 26% to $1.497 billion as trading go down, but dem get $1.429 billion net income cos of $1.5 billion profit from Circle investment and $362 million unrealized asset gains. Core trading income just $33 million, so Coinbase dey expand to tokenized real assets, stocks, derivatives and early token sales to be all-in-one on-chain exchange. Tether report $49 billion net profit on $162.6 billion assets, backed by $127 billion US Treasuries, and maintain $1.57 trillion USDT supply. Robinhood deliver $989 million revenue (+45%) and $386 million net profit, powered by 98% jump in crypto trading and Bitstamp buyout, while funded accounts rise 10% to 26.5 million. Kraken Q2 revenue fall to $412 million with adjusted EBITDA of $80 million; dey serve 15 million clients with $43.2 billion assets under custody and dey aim for $150 billion valuation for 2026 IPO. Riot Platforms double revenue to $153 million, mined 1,426 BTC (+69%), and post $219.5 million net income, moving towards high-performance computing like Bitcoin operations. These results show strong profit growth, bigger Bitcoin holdings and smart product diversification for crypto sector.
Bullish
Overall, di strong Q2 results mean say institutional belief strong well well and crypto big big companies dey make more profits. Strategy get plenty unrealized BTC gains and dem get plan to raise capital to buy more bitcoin, e show say people still believe in Bitcoin. Coinbase change to new products mean say dem wan get more types of money coming in which fit make trading volume steady. Tether get good reserves and USDT supply dey grow, this one help stablecoin market strong. Robinhood and Kraken dey expand through buying other companies, new licenses and plans for IPO, this one mean say dem dey plan for long time money and more users. Riot dey produce more mining output and dem dey focus on HPC, this one dey help dem get money from different places. Based on history, strong earning reports and strategy to diversify usually make market feel better, dey push short term price increase and support long term adoption as companies dey build big multi-asset platforms.