Crypto-related equities enter a busy week starting Nov. 9, with several companies preparing quarterly earnings announcements. Trump Media and eToro are both scheduled to report financial results, while investors await BitMine's next Ethereum treasury update. Taken together, the schedule packs several verifiable data points into a few days: reported revenue and losses, the pace of corporate Ethereum accumulation, and company results measured against published analyst estimates.

The announcements follow losses across cryptocurrency-related equities and digital assets in the aftermath of the U.S. midterm elections, in which Democrats secured control of both congressional chambers, according to Associated Press projections. The election outcome alone, however, does not establish the reasons behind individual stock declines. Company earnings, cryptocurrency prices, and financing conditions remain important considerations.

Trump Media Faces Earnings Test After DJT Sell-Off

Last week's midterm elections amounted to a referendum on President Donald Trump. Voters delivered a clear message of disappointment with his administration, handing Democrats a large majority in both the Senate and the House of Representatives.

Trump Media has been among the most prominent casualties of the vote, with its stock cratering to a record low. Part of the weakness reflects investor expectations that the company could face an investigation over a service that allows customers to pay for early access to Trump's posts. A handful of hedge funds and high-frequency trading firms have already subscribed to the offering.

The company will be in the spotlight on Monday, when it publishes its financial results. The numbers will offer further hints about the state of the business and whether revenue growth accelerated in the most recent quarter. There is a real possibility that revenue declined in the third quarter, as SimilarWeb data show that traffic to its website plunged.

Most importantly, the results will provide clues about the company's losses. In its previous earnings report, Trump Media said second-quarter revenue was about $1.7 million, while its net loss rose to more than $235 million — a deficit many times larger than its revenue. Monday's figures will show whether that gap widened or narrowed in the third quarter.

Trump Media is considered a crypto stock because of its large Bitcoin holdings. The company owns 12,062 BTC, making it the tenth-largest Bitcoin holder in the world, a position that puts its filings on the radar of readers tracking corporate Bitcoin adoption as well as the media business itself.

BitMine to Update on Ethereum Buying

Tom Lee's BitMine Immersion is another top crypto stock to watch this week, as the company is set to provide an update on its Ethereum purchases. BitMine has so far accumulated 6,060,506 ETH, currently valued at more than $12.8 billion. That stash is equivalent to 4.95% of all Ethereum in circulation.

The company will likely disclose its Ethereum accumulation from last week, with investors expecting it to complete the buying process soon.

BitMine remains in focus amid ongoing weakness in Ethereum itself. ETH has dropped by more than 24% from its highest point in October, and spot Ethereum ETF outflows have surged this month, a sign that demand for the asset has waned. Against that backdrop, the treasury update carries interest beyond the stock itself: it will show whether BitMine's Ethereum buying continued through a month of heavy ETF outflows, and how near the company is to completing its accumulation program.

eToro to Report as Stock Trades at All-Time Low

eToro, the company behind a popular trading platform, will also be in the spotlight this week when it releases its earnings. The report arrives with the stock trading at a record low.

Shares have fallen more than 70% from their peak amid the crypto winter that has weighed on the company's revenue growth. eToro's most recent results showed net contribution rose by just 9% to $229 million, while net income reached $53 millionn
Yahoo Finance data indicate that analysts expect the upcoming report to show the business deteriorated last quarter. Specifically, the average estimate among 11 analysts is that revenue dropped by 13% to $186 million. The most optimistic forecast sees revenue falling to $200 million from $214 million a year earlier.

The market's reaction will likely hinge on eToro's forward guidance, which will provide further hints about the company's trajectory. Any signs that the business is stabilizing would be bullish for the stock.

Several other crypto companies are also scheduled to publish their numbers this week, including BitGo, Securitize, and RUM Group.

This article provides market information, not financial advice. Cryptocurrency-related equities carry financial risks. Readers should conduct independent research and consult a qualified financial professional before making investment decisions.

This article originally appeared on The Market Periodical under the title "Top 3 Crypto Stocks to Watch This Week: Trump Media, eToro, BitMine."