Block, Circle and Riot Set to Report Q3 Earnings This Week
Three crypto-exposed public companies report third-quarter results this week, with all three stocks closing lower on Friday.
Block, Circle and Riot Platforms are due to report third-quarter earnings this week, according to a BeInCrypto preview, putting three crypto-linked public companies on investors' radar.
The results cover the July-to-September period, when crypto prices climbed. The source also notes that all three stocks closed lower on Friday ahead of the reports.
What to watch
- Block reports first; its last earnings beat was followed by a share price decline.
- Circle, a stablecoin issuer, is also on the schedule.
- Riot Platforms, a bitcoin miner, rounds out the trio.
The earnings releases land days after Binance disclosed a $6.3 billion hack, according to the source.
Third-quarter reports from crypto-exposed companies give public-market investors another read on how the sector performed during a period of rising digital-asset prices.