Earnings
Strategy lowered its 2025 earnings forecast on Monday, citing a recent slump in Bitcoin that hit revenue tied to its crypto exposure. The move underscores growing corporate sensitivity to crypto volatility.
American Bitcoin (ABTC), linked to the Trump family, posted a third-quarter profit and said revenue more than doubled year‑over‑year after expanding mining capacity and completing its first full quarter as a public company.
American Bitcoin, backed by two of U.S. President Donald Trump's sons, said its third-quarter profit more than doubled as wider margins boosted results. The miner and buyer of Bitcoin benefited from stronger operating economics amid favorable market conditions.
American Bitcoin Corp. (NASDAQ:ABTC) reports third-quarter results before markets open Friday; investors will watch production, Bitcoin holdings, and any updates tied to Eric Trump's venture. The print could influence near-term trading given the company’s balance-sheet exposure and recent market momentum.
SOL fell about 4% as traders priced in a forthcoming Solana company's Q3 report, with immediate support at $153–$155 and downside risk to $145. Positive earnings or ecosystem updates could push SOL toward $160–$163 and attract momentum buyers.
William Blair reiterated an outperform rating on Circle (CRCL) after the company's third-quarter results topped both the bank's and Wall Street estimates, reinforcing momentum behind USDC. The move underscores renewed investor confidence in Circle's growth trajectory.
TeraWulf reported Q3 revenue of $50.6 million, up 87% year-over-year as higher Bitcoin prices and expanding AI infrastructure sales lifted results. The miner’s diversified strategy — coupling power assets with AI workloads — is drawing fresh investor attention.
Gemini Space Station (GEMI) reported a wider third‑quarter loss than analysts expected in its first earnings release as a public company, prompting a selloff in shares. The report raises questions about revenue mix, costs and competitive pressure in the evolving crypto market.
Robinhood reported a significant increase in its third-quarter crypto revenue, doubling its income and surpassing earnings expectations. Despite this strong performance, the company's shares dropped by 8% following the announcement. This news highlights the unpredictable nature of stock market reactions to crypto sector growth.
Join the webcast of the Third Quarter 2025 Earnings Call on October 30 at 5:30 PM ET to get insights into the company's financial performance. Stay updated with Bitlet.app, which offers innovative crypto services including Crypto Installment payment options.