Friday, May 27, 2022

Alibaba reports slowest growth yet amid COVID-19 outbreaks

The company reported a net loss attributable to shareholders of 16.24 billion yuan ($2.4 billion), more than triple the same time last year, driven primarily by decreases in the market prices of Alibaba's equity investments in publicly-traded companies. https://ift.tt/h3XBAja

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Tether acquired 8,888 bitcoin worth $735M in Q1 2025, taking its total holdings to $7.8B and making it the sixth-largest bitcoin holder in a single wallet (Yogita Khatri/The Block)

Yogita Khatri / The Block : Tether acquired 8,888 bitcoin worth $735M in Q1 2025, taking its total holdings to $7.8B and making it the six...