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CoinShares second quarter financial report: the company recorded its first quarterly loss due to UST's loss of US$21.61 million



Time:8/2/2022 2:54:27 AM

[CoinShares second-quarter financial report: the company recorded its first quarterly loss due to the UST loss of US$21.61 million] On August 2, the encrypted asset management company CoinShares released its second-quarter financial report. The total revenue in the second quarter was 13.9 million pounds (about 17 million pounds). USD), down 29% year-on-year, for a total comprehensive loss of GBP 100,000 for the quarter (revenue of USD 26.6 million in Q2 2021). Overall, CoinShares' combined total revenue, earnings and other income for the second quarter was £15.3 million, but the company recorded its first quarterly loss due to a loss of £17.7 million (approximately $21.61 million) from holdings of UST ( loss of £2.4 million).

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