revenue

On-chain analysis platform Arkham posted on X platform that an address associated with Justin Sun recently deposited 250 million USD into sUSDS, and currently holds a total of over 880 million USD in sUSDS tokens. It is estimated that this address can earn about 35 million USD annually.

AI Agent Revenue Agreement Superpower announced the completion of its Pre-Seed round financing on the X platform, with the amount undisclosed. Taisu Ventures, 280 Capital, Paper Ventures, and CatcherVC participated in the investment.

According to TheInformation, as of the end of February 2026, OpenAI's annualized revenue has exceeded $25 billion.OpenAI's Chief Financial Officer Sarah Friar confirmed in the official blog and multiple reports in January 2026 that the company's annualized revenue for 2025 surpassed $20 billion, representing an approximately 230% increase from $6 billion in 2024. However, some subsequent public investor information indicates that OpenAI's actual total revenue for 2025 was about $13.1 billion, exceeding the company's earlier target of $10 billion but falling short of the peak annualized estimate of $20 billion.After rapid growth in 2025, OpenAI experienced a slowdown in growth in the second half of the year. Media outlets like CNBC estimate that its mid-year annualized revenue last year was around $10 to $13 billion, with year-end annualized revenue at about $5.5 billion.In contrast, OpenAI's direct competitor Anthropic had a mid-year annualized revenue of about $4 billion in 2025, which quickly grew to around $9 billion by the end of the year, thanks to the surge in enterprise customers and products like Claude Code. As of early March this year, the latest annualized revenue has exceeded $19 billion. Currently, Claude Code's run rate has surpassed $2.5 billion, with over 500 clients spending more than $1 million annually. The gap between Anthropic and OpenAI is narrowing.

According to The Block, Bitcoin mining company Riot Platforms announced its fiscal year 2025 performance, with annual revenue reaching $647.4 million, a significant increase from $376.7 million in 2024.The company mined 5,686 Bitcoins last year and currently holds over 18,000 Bitcoins. CEO Jason Les stated that the company is transitioning to AI and high-performance computing infrastructure through its nearly 2 gigawatt power portfolio and began collaborating with AMD's data center in January 2026.Although the cost of Bitcoin mining rose from $32,216 per coin in 2024 to $49,645 in 2025, mining revenue still increased to $576.3 million, benefiting from the rise in Bitcoin prices. Activist investor Starboard Value estimates that the value of this transformation strategy could reach $21 billion.

Uniswap token holders will begin voting on a significant proposal this Thursday to activate the protocol fee switch for two versions of the protocol on eight Layer 2 blockchains, including Base, Arbitrum, and OP Mainnet. Once activated, at least one-sixth of the fees collected from liquidity providers on the relevant chains will be transferred to the token pool for investors who burn an equivalent amount of UNI tokens, which is expected to more than double existing yields.The fee switch has been live on the Ethereum mainnet v2 and some v3 liquidity pools since December last year, generating a total of $3.3 million in revenue to date. Since 2026, Base has surpassed Ethereum to become the largest source of fees for Uniswap, generating $55 million in fees.Boosted by the proposal news, UNI has risen 9% in the past seven days, outperforming the declining Bitcoin and Ethereum during the same period. The final vote will conclude on March 4.

According to CoinTelegraph, TeraWulf (stock code: WULF) released its financial report for 2025, showing that as of December 31, TeraWulf's annual revenue increased from $140.1 million in 2024 to $168.5 million in 2025.In the fourth quarter, the company's total revenue was $35.8 million, which included $26.1 million from digital assets and $9.7 million from high-performance computing (HPC), down from $50.6 million in the third quarter, with analysts previously expecting an average of $44.1 million. Additionally, the company's Q4 loss per share was $1.66, compared to a loss of $0.21 per share in the same period last year.

The Nasdaq-listed Bitcoin mining company American Bitcoin, supported by the Trump family, released its financial report, which disclosed that the company’s Bitcoin reserves have exceeded 6,000 coins. The year 2025 marks its first year of independent listing, and the annual operational and capital execution performance aligns with the established strategy. The company adopts a dual-track model of "scaled mining + ATM fundraising" to accelerate the accumulation of strategic reserves. In 2025, the total revenue is expected to reach $185.2 million, with a deployed computing power of approximately 25 EH/s and about 78,000 ASIC mining machines.

According to NVIDIA's Q4 financial report, the company's earnings per share for the quarter were $1.62, exceeding Wall Street analysts' expectations of $1.53 per share.The total revenue for the quarter was $68.13 billion, a 22% increase from the previous quarter and a 75% increase year-over-year, surpassing analysts' forecast of $66.2 billion in revenue.NVIDIA's revenue for the full fiscal year 2025 grew by 68%, reaching a record $193.7 billion. In the previous two years, NVIDIA's quarterly revenue performance has consistently exceeded Wall Street's expectations.CEO Jensen Huang stated in a statement, "Our customers are racing to invest in AI computing." This outlook helps alleviate market concerns about an AI investment bubble. Huang has repeatedly downplayed concerns about the sustainability of growth in AI hardware spending. Wednesday's report provided some evidence that short-term worries may have been exaggerated.

According to Gate market data, Nvidia's stock rose 2.5% in after-hours trading, with its revenue and earnings outlook exceeding market expectations.

The stablecoin USDC issuer Circle announced its performance for the fourth quarter and the full year of 2025, which includes:The amount of USDC in circulation is $75.3 billion (as of the end of the period), a year-on-year increase of 72%;The on-chain transaction volume of USDC reached $11.9 trillion, a year-on-year increase of 247%;Total revenue and reserve income reached $770 million, a year-on-year increase of 77%;Total revenue and reserve income for the fiscal year 2025 is $2.7 billion, an increase of 64%;The net loss from continuing operations for the fiscal year 2025 is $70 million, mainly impacted by $424 million in equity incentive expenses related to the initial public offering (IPO), while the net profit from continuing operations for the fiscal year 2024 was $157 million;The adjusted EBITDA for the fiscal year 2025 is $582 million, an increase of 104%.Circle stated that it is building an economic operating system for the internet, realizing various emerging possibilities from frictionless cross-border payments to intelligent artificial intelligence.

Bloomberg Intelligence indicates that Coinbase is actively lobbying in Washington to retain its key stablecoin revenue source. According to BI analysts Paul Gulberg and Samuel Radowitz, if payment adoption accelerates, Coinbase's stablecoin revenue is expected to grow two to seven times under the framework of the GENIUS Act signed by President Trump in July 2025.Currently, the act prohibits stablecoin issuers from paying interest or yields to holders, and the legislative draft under negotiation may further prohibit exchanges from offering rewards linked to stablecoin balances. This could impact the profits Coinbase derives from its revenue-sharing agreement with Circle for USDC.Coinbase's stablecoin revenue in 2025 is projected to be $1.35 billion, accounting for 19% of its total revenue. CEO Brian Armstrong stated last week that a "path forward" has been found, and even if the payment of yields to customers is prohibited, the company can still retain economic benefits from Circle, thereby improving profit margins.

The DFINITY Foundation stated on platform X, "The economic model of the Internet Computer is changing: the old model rewarded node providers simply for running nodes. The new model allocates 80% of cloud engine revenue to nodes that provide computational support, with 20% used to burn ICP.Currently, the Node Provider Association has begun preparations to promote cloud engine services to businesses across Europe."

Metaplanet Inc. announced in its fiscal report for 2025 that the company has become the largest holder of Bitcoin in Japan, holding 35,102 Bitcoins by the end of 2025, which accounts for approximately 0.16% of the global Bitcoin supply, ranking fourth among publicly traded companies worldwide in terms of Bitcoin holdings.The report shows that the company's revenue for the fiscal year 2025 reached 89.05 billion yen, a year-on-year increase of 738.3%; operating profit was 62.87 billion yen, a year-on-year increase of 1694.5%.The company has raised over 500 billion yen for Bitcoin purchases through a diversified financing strategy, including the issuance of preferred shares. Among them, Class B preferred shares (MERCURY) have been issued through a third-party placement, raising 21.249 billion yen, providing an annual yield of 4.9%.Metaplanet aims to achieve the goal of holding 1% of the global Bitcoin supply by 2027 and will continue to use the "Bitcoin revenue business" as a core driver of profit growth.

The head of the investment team at Multicoin Capital, Vishal Kankani, released a response to the Aave Will Win framework, expressing support for the proposal put forth by Aave Labs.As a significant holder of AAVE, Multicoin Capital believes that redirecting 10% of Aave brand product revenue to the DAO is a strategic shift that will help propel Aave towards a clearer token economic model. The company stated that if executed properly, this proposal would not only be significant for Aave but also set an important precedent for the entire DeFi space.Multicoin Capital indicated that the proposal allocates approximately $25 million in stablecoins, along with 75,000 AAVE (valued at about $118 per AAVE, totaling around $9 million), as well as additional milestone rewards.In total, this means an economic exposure of over $40 million to $50 million, accounting for about 25% to 30% of the total funds. This represents a substantial portion of the Aave DAO's funding. Given the scale and pioneering nature of this funding request, we believe the proposal should provide more detailed financial and underwriting data to substantiate the scale of the request.

Aave Labs has initiated a Temp Check proposal to token holders, requesting approximately $50 million in funding in exchange for directing all revenue from Aave-branded products into the Aave DAO treasury.The proposal includes up to $42.5 million in stablecoins ($25 million base grant and $17.5 million milestone rewards) and 75,000 AAVE tokens (approximately $8 million). In return, Aave Labs will allocate 100% of the revenue from all products, including aave.com, the planned Aave Card, and Aave Pro, to the DAO. This proposal has raised concerns within the community about the concentration of voting power. Marc Zeller, founder of the Aave Chan Initiative, pointed out that this funding package represents a significant portion of the DAO treasury and questioned whether the 75,000 AAVE token grant could lead to excessive concentration of voting power, calling for the proposal to be split and for the recipients to disclose their holding addresses.Aave founder Stani Kulechov stated that this move would shift the DAO towards a "token-centric" model, enhancing its ability to fund growth and execute buybacks. The proposal is currently in the opinion-gathering stage.

According to The Block, Aave Labs has proposed a framework proposal to transfer 100% of the revenue from all Aave brand products to the Aave DAO treasury, and to transfer the related trademarks and intellectual property to the newly established Aave Foundation, while requesting funding support from the DAO for its operations.According to the proposal, Aave Labs will forgo all revenue from future business lines such as Aave v3, v4 protocols, aave.com frontend revenue, Aave Card, and AAVE ETF. In exchange, it requests the DAO to commit to providing $25 million in stablecoins and 75,000 AAVE to cover operational expenses, as well as applying for five grants of $3 million each for the development and marketing of Aave App, Aave Pro, and Aave Card, along with $2.5 million for Aave Kit.Aave Labs stated that the v4 architecture will enable revenue models that were difficult to achieve in previous versions, planning to gradually adjust v3 parameters to guide migration 8-12 months after the v4 launch. The proposal also requests the DAO to coordinate with Labs on v4 development and to postpone the development of new features for v3.Marc Zeller, founder of the Aave Chan Initiative, expressed opposition to this. Zeller described it as a "disguised attempt at cashing out under the guise of goodwill," claiming that Labs is trying to use a radical proposal as leverage in negotiations, "attempting to impose outcomes regardless of the governance process." He estimates that Labs' actual funding request is around $50 million and questions its governance legitimacy.

According to the official announcement, cryptocurrency mining company Bitdeer ($BTDR) released its Q4 2025 financial report. The data shows that in this quarter, Bitdeer achieved revenue of $224.8 million, a year-on-year increase of 226%; net profit reached $70.5 million, an increase of $602.4 million year-on-year; adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) was $31.2 million, an increase of $35.5 million year-on-year.In terms of operations, Bitdeer's total hash rate reached 71.0 EH/s, a year-on-year increase of 229%; self-mining yielded 1,673 BTC, a year-on-year increase of 257%; mining machine efficiency improved to 17.9 J/TH, a significant improvement compared to the previous 30.4 J/TH. Additionally, Bitdeer has a 3.0 GW portfolio, prioritizing hosting services for artificial intelligence and high-performance computing at large sites, while continuing to expand GPU-as-a-service business opportunities.