Cantor analysts lowered their price target for Bullish shares to $56 from $59, though maintained their overweight rating.
Shares of the company rose 2% in pre-market trading.
Complex post-merger accounting prompts a late filing while losses mount and the shares slip further.
The shares slumped more than 13% in pre-market trading as the price of bitcoin tumbled.
The company said it has closed its $175 million private placement meant to fund the formation of the official DOGE treasury strategy
Bitfarms reported revenue of $69 million, which was up 156% year over year but missed most estimates by around 15%.
Currently trading at about $85, the analysts issued a new stock price target for Circle of $100 by December 2026.
Total revenue and reserve income for the quarter rose to $740 million, more than double the year-earlier period.
Upexi's net income totaled $66.7 million compared to a net loss of $1.6 million for the year-ago period, according to a release.
Benchmark said Bitdeer’s Q3 report showed continued strength across self-mining and hosting, reaffirmed a "buy' rating and $38 price target.
The bitcoin miner and equipment maker beat revenue estimates but posted a deeper-than-expected loss and announced an ASIC delay amid uncertain AI rollout.
Despite revenue doubling to $50.6 million, Gemini posted a $159.5 million net loss due to high marketing and IPO-related costs.
New funded accounts year to date surpassed full-year 2024 levels, fueled by a substantial expansion of cryptoassets, eToro said.
Bakkt offloaded its loyalty rewards operations in Q3 to focus on institutional-grade trading, liquidity, and regulated custody.
The trading platform’s adjusted Ebitda beat expectations as higher crypto trading and net interest income offset weaker equities and commodities results.
Trump Media also reported $54.1 million in non-cash losses from changes in the fair value of its digital asset holdings and other costs.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The analysts said IREN will spend more than $9 billion to expand GPU and AI data-center capacity, even after Microsoft’s prepayment.
Polymarket said it will serve as the clearinghouse for DraftKings, which recently acquired a contract market regulated by the CFTC.
The company is targeting $3.4 billion in AI Cloud ARR by end of 2026 with expansion to 140,000 GPUs and strengthened financing position.
The Wall Street bank lifted its HOOD price target to $130 and reiterated its neutral rating on the stock.
Block’s bitcoin revenue accounted for about $1.97 billion of its total revenue, down from $2.4 billion during the same quarter last year.
Robinhood’s crypto revenue rose 300% to $268 million in the third quarter, helping drive higher overall revenues of $1.27 billion.
The brokerage platform saw a record $80B in crypto trading volume; shares dipped in after hours action despite the earnings beat.
Strategy’s new credit rating & preferred-stock structure could open larger institutional channels, strengthening its BTC buying capacity.
Transaction revenue hit $1.05 billion, but price targets range from $266 to $510 as Wall Street debates whether growth can outpace rising costs.
The investment bank reversed its bearish call on Coinbase, citing renewed crypto momentum and potential U.S. regulatory breakthroughs.
Strong bitcoin mining performance and data center expansion drive momentum.
Riot’s adjusted EBITDA of $197.2 million included a $133.1 million gain on its bitcoins. Shares dropped 4.87% on the day as of market close.
CEO Brian Armstrong said Coinbase is "long on Bitcoin" as company added $299 million worth of the cryptocurrency during the third quarter.