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New
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VIP Wealth Hub
New
Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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Use USDT/USDC to mint GUSD for treasury-level yields
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- 🎃 Halloween is here! Four GDOGs line up! 👻
🧡 Can you spot which GDOG secretly dressed up for Halloween today?
💰 Join the fun — 3 lucky users will each win 20 USDT!
👉 How to participate:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Comment with your answer
🗓️ Deadline: November 2, 2025, 16:00 UTC - 💥 Gate Square Event: #PostToWinPIGGY 💥
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Click to apply now 👉 - 📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
📅 Event Period: Oct 28 – Nov 2, 24:00 (UTC+8)
💡 What to Do:
Share your market view on this week’s theme: #WillBTCHit120K ?
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Applied Digital reports quarterly earnings below expectations, plans to divest cloud services business.
Gate.io News bot, according to CoinDesk, Bitcoin mining hosting and cloud services company Applied Digital (APLD) released its latest quarterly earnings report. According to the data, the company’s revenue reached $52.9 million, a year-on-year increase of 22%, below analysts’ expectations of $64.5 million. On the news, the company’s shares fell 30% intraday to $3.90.
The financial report shows that revenue from the cloud services business decreased by 36% quarter-over-quarter to $17.8 million. The board of Applied Digital has agreed to sell the cloud services business and will focus on developing high-performance computing (HPC) data centers in the future. At the same time, the company is considering transforming into a Real Estate Investment Trust (REIT).