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Public companies that focus on cryptocurrency are seeing profits that beat estimates for the second

Last updated on August 8, 2023

In the world of cryptocurrency, the increase in the prices of digital assets has not only benefited traders, but it has also become a crucial factor in the profitability of various crypto companies. While trading revenues have traditionally been the main source of income for such companies, the recent surge in crypto prices has allowed them to generate significant non-trading revenues as well. This shift in revenue streams has had a profound impact on the overall profitability and success of these companies.

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