MARA, DeFi Development, and Gemini released third-quarter... this week.

MARA Holdings, DeFi Development Corp and Gemini are all due to report third-quarter results this week, a quarter in which total crypto market capitalization rose 40.86% even as shares of all three companies fell at least 37% since Sept. 30. MARA reports after the close on Nov. 9, with analysts expecting a loss of $0.33 per share on $176.13 million in revenue; the miner sold about 23,093 BTC in the first half of 2026, leaving it with 35,577 BTC as of June 30, after a second-quarter net loss of $611.3 million that included roughly $343 million in bitcoin impairment. DeFi Development reports at about 8 a.m. ET on Nov. 12, disclosing 2,600,948 SOL and equivalents as of Oct. 30, preliminary double-digit growth in SOL per share from Aug. 12 to Sept. 30, a more than doubling of net asset value per share over that span, and a Nov. 2 increase in the annual dividend on its CHAD preferred stock to 14% from 13%. Gemini reports after the close on Nov. 12, with analysts expecting a loss of $0.58 per share on $44.38 million in revenue, after second-quarter exchange revenue fell 38% to $12.5 million and trading volume dropped to $3.8 billion from $11.3 billion a year earlier, while services and interest revenue rose 117% to $26 million and total revenue grew 37% to $45.5 million. The reports will test whether the market-wide rally is flowing through to miners, SOL treasury holders and exchanges, with investors focused on bitcoin holdings and impairment at MARA, per-share SOL metrics and dividend costs at DeFi Development, and whether Gemini's services and interest growth can offset shrinking trading revenue.