To The Moon

MARA, COIN, RIOT and MSTR are all expected to release their earnings reports this week. Which one will be a big winner? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. $Coinbase Global, Inc.(COIN)$ $Marathon Digital Holdings Inc(MARA)$ $MicroStrategy(MSTR)$ $Riot Platforms(RIOT)$ On Monday,BTC-related stock saw a notable decline as Bitcoin’s price, which had recently surpassed $70,000 for the first time since mid-June, experienced a dip. This drop in Bitcoin’s value came after a brief period of optimism fueled by Republican presidential candidate Donald Trump’s pro-crypto speech, which had initially driven stock prices higher during the trading session. 🌟Earning Preview $MicroStrategy(MSTR)$ the world's largest Bitcoin holder with 226,331 BTC, is set to release its earnings after the market closes on August 1. Analysts expect its revenue to increase from $115 million in Q1 to $119 million in Q2. An additional catalyst for MSTR’s stock will be its 1-for-10 stock split scheduled for August 8. Unlike other companies, MicroStrategy’s earnings report may have limited impact on its stock price due to its significant Bitcoin holdings. Investors are more focused on its valuation, given that its market cap exceeds $31 billion compared to its $15.8 billion Bitcoin holdings. Meanwhile, its core business has struggled, with annual revenue declining from $499 million in 2022 to $496 million in 2023. $Riot Platforms(RIOT)$ and $Marathon Digital Holdings Inc(MARA)$ , both Bitcoin mining companies, are set to report their earnings after the market closes on July 31 and August 1, respectively. This will be their first earnings report since the halving event in April. The price of Bitcoin has been in a consolidation phase since then, and most mining companies have reported weak mining data. MARA mined 590 BTC in June, down from 979 BTC in June 2023 and 616 BTC in May. Riot Platforms mined 255 BTC in June, a significant drop from 460 BTC in June 2023. Investors are watching how the Bitcoin halving event affects these companies. $Coinbase Global, Inc.(COIN)$ the largest cryptocurrency exchange in the U.S., will release its earnings report after the market closes on August 1. Coinbase has diversified its business and earns from various channels, including being the largest custodian of Bitcoin and Ethereum ETFs. Analysts expect its Q2 revenue to be $1.38 billion, a 95% increase from the same period in 2023. Increased volatility in cryptocurrency prices has boosted COIN’s trading revenues, though trading volumes have moderated after a surge in Q1. 🎁Events Details Click to vote. Guess which one is a big winner this week ? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. $Coinbase Global, Inc.(COIN)$ $Marathon Digital Holdings Inc(MARA)$ $MicroStrategy(MSTR)$ $Riot Platforms(RIOT)$ For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins. Reply and forward this post, share your insights about chip stock's financial reports, and you will have a chance to win $5 stock vouchers ⏰Event Duration From 30 July 2024 to 2 August 2024 at 04:00 SGT 🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖 📖For a beginner's guide to financial statements, click here