Strategy Inc. (NASDAQ:MSTR) is included in our list of the best crypto-related stocks to invest in. Mizuho Remains Bullish on Strategy (MSTR) Following Q3 2025 Results Cryptocurrency physical coins set. 3D Golden Crypto currency coins isolated on white background. Bitcoin, Ripple, Ethereum, Litecoin, Monero and other. Vector illustration On November 10, 2025, Strategy Inc. (NASDAQ:MSTR) saw its price target reduced by Mizuho from $586 to $484, while reiterating its “Outperform” rating. The price revisio ...

Core Insights - Galaxy Digital (GLXY) shares have declined 14% since the company reported its third-quarter 2025 results on October 21, amid a broader sell-off in the cryptocurrency market [1][8] - In Q3 2025, GLXY reported earnings of $1.12 per share, a significant improvement from a loss of $0.10 per share in the same quarter last year, exceeding the Zacks Consensus Estimate by 194.74% [1][8] - Revenues reached $28.4 billion, marking a 231.4% year-over-year increase and surpassing the consensus estimate by 43.12% [1][8] Financial Performance - Adjusted gross profit for Q3 2025 was $728 million, a 143% increase from $299 million in Q2 2025 [3] - The Digital Assets segment reported an adjusted gross profit of $318 million, up 345% sequentially from $71.4 million [3] - Operating expenses rose 227% year over year to $28.67 billion, while general and administrative expenses decreased slightly [4] - Net income for the quarter was $505 million, a substantial increase from a loss of $33.3 million in the prior year, representing a 1,546% sequential increase [4] EBITDA and Cash Position - Galaxy Digital achieved an adjusted EBITDA of $629 million in Q3 2025, a 198% increase compared to $211 million in Q2 2025 [5] - As of September 30, 2025, the company had cash and cash equivalents of $1.13 billion, up from $691.3 million as of June 30, 2025 [6] - Total equity reported was $3.2 billion, with holdings of $1.9 billion in cash and stablecoins [6] Market Performance - Year-to-date, Galaxy Digital shares have gained 63.8%, outperforming the Zacks Finance sector's return of 12.8% [2]