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News Nuggets | 25 October: DCG Earnings Surge with BTC; FMA Alerts on Social Ads

News Nuggets | 25 October: DCG Earnings Surge with BTC; FMA Alerts on Social Ads
Digital Currency Group's Q3 Revenue Soars amid Crypto ReboundDigital Currency Group (DCG) reported an increase of 23% in its third-quarter revenue, reaching $188 million compared to $153 million in the same period last year. The company's EBITDA stood at $69 million. DCG's asset management unit, Grayscale Investments, played a significant role in this growth, especially after a US court approved its bid to create a spot Bitcoin ETF. The crypto market's rebound this year, particularly Bitcoin's 1... Read More
Posted: Oct 25 2023, 09:26
Author Name: financemagnates
Views: 112285

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