MARA, DeFi Development, and Gemini will release their Q3 earnings reports this week. The total market capitalization of the crypto market rose 40.86% during the quarter, but since September 30th, the share prices of all three companies have fallen by at least 37%.
MARA is scheduled to release its earnings report after the US stock market closes on November 9. Analysts expect it to report a loss of $0.33 per share and revenue of $176 million. The company reported a net loss of $611 million in the second quarter and held 35,600 BTC as of June 30.
DeFi Development is scheduled to release its financial report on November 12 at 21:00 (UTC+8). As of October 30, it held 2.6009 million SOL and equivalents, and its CHAD preferred stock annual dividend yield was increased from 13% to 14%.
Gemini is scheduled to release its earnings report after the US stock market closes on November 12. Analysts expect it to report a loss of $0.58 per share and revenue of $44.38 million. Its second-quarter trading volume fell to $3.8 billion from $11.3 billion in the same period last year, and exchange revenue dropped 38% to $12.5 million.
