Briefing

    Mogo Q1 earnings show big crypto bets as revenue rises to $11.4M

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    The Vancouver-based fintech’s earnings report shows it bought roughly US$1 million in Bitcoin and Ether during the first quarter of 2021. Mogo also announced it is increasing its stake in Canadian cryptocurrency exchange Coinsquare from about 20 per cent to 37 per cent, adding that the exchange’s revenue increased 500 per cent year over year in the first quarter. (The Logic)

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