Cryptocurrency investment group CoinShares recently published its first quarter earnings report for 2023 amid what it’s calling a “return to profitability.”
Highlights of the report include revenue in the amount of $11.73 million (down from $22.46 million in Q1 2022), total comprehensive income of $3.62 million (down from $25.83 million in Q1 2022) and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $10.61 million (down from $25.83 million in Q1 2022).
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