MSTR, RIOT & XYZ: Crypto Sentiment Heading into Earnings

A slew of crypto-tied stocks are on deck to report earnings. Dan Novaes notes Strategy (MSTR) CEO Michael Saylor holds bullish sentiment on the company's outlook even with first quarter difficulties for Bitcoin price action. He adds that Block (XYZ) serves as a "picks and shovels" play for the crypto industry. Sarah Kunst expects Riot Platforms (RIOT) to have a "pretty good quarter" even if Bitcoin hits "price ceilings."

Trading 360

01 May 2025

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