Top 5 Crypto Stocks To Watch In August As Corporate Earnings Shape Investor Sentiment

Over the years, crypto stocks such as Coinbase (COIN), Strategy (MSTR), and more have emerged as one of the most appealing options.

Investors in both the crypto and traditional finance spaces are always looking for investments to turn their funds into wealth.

As August opens its doors, here are 5 crypto stocks to look out for this month. These include Coinbase Global Inc. (COIN), Mara Holdings (MARA), Robinhood (HOOD), Circle (CRCL), and Strategy (MSTR).

This update comes as Coinbase, Strategy, and MARA released their second quarter (Q2) 2025 earnings. Others are expected to release their earnings reports in the coming weeks.

Coinbase Global Inc (COIN)

Coinbase COIN is one of the crypto stocks that show promise in August. It posted total revenue of $1.42 billion in the second quarter.

While this figure is higher than last year’s $1.37 billion, it is much lower than the previous quarter’s figure. In Q1, Coinbase reported total revenue of $2.03 billion, with $66 million in net income.

The revenue slowdown in Q2 comes amid a broader crypto market downturn. Historically, Coinbase succeeded when the crypto market was in a strong bull run.

However, Bitcoin (BTC) price has dropped to $115,768, demonstrating a 1.9% decrease over the past 24 hours. Top altcoins, including Ethereum (ETH), Solana (SOL), and XRP, saw their prices decline.

Following the crypto market downtrend, COIN stock traded in a tight range around $370–$380 on Thursday, July 31, 2025.

According to Google Finance data, COIN has plunged 15.12% in Pre-market trading and currently trades at $316.22, atop a 16% selloff.

Despite the decline, COIN has grown over 27% year-to-date (YTD). The stock also has a projected growth estimate of $1,310.8%. Thus, COIN price is expected to climb higher once momentum in the crypto market returns.

Strategy (MSTR)

Another crypto stock to watch out for this month is Strategy Inc. (MSTR). The firm posted second-quarter operating earnings of $14 billion and net income of $10 billion.

Although the positive earning is yet to reflect in MSTR price, the stock is up 3.6% over the past month.

Currently, MSTR stock is priced at $376.24 per share with a 6% drawdown. Daily trading range spanned between $375 to $392.

MSTR is looking at a possible rebound to $450. Strategy recently purchased 21,021 BTC worth about $2.4 billion. This purchase pushed its total BTC holdings to 628,791 BTC, valued at $74.38 billion.

The firm also has plans for more BTC purchases, which may fuel its stock price breakout in August.

Circle Internet Group (CRCL)

Circle is another crypto stock to watch out for this month. CRCL is currently traded at $173, with a market cap of $37.3 billion.

Circle shares have remained relatively stable despite the ongoing market volatility. CRCL has increased more than sixfold since its Initial Public Offering (IPO).

The average daily volume remained at 30.48 million. Moreover, Circle USDC remained the second-largest stablecoin with a market cap of $64 billion.

Circle recently revealed partnerships that could add more appeal to its stock price. Specifically, Circle partnered with Ant Group to launch USDC stablecoin on the Ant blockchain network.

This collaboration comes shortly after Binance announced that it will accept USYC, Circle’s yield-bearing stablecoin.

These deals show Circle’s worth and the value of its products.

MARA Holdings Inc (MARA)

MARA Holdings (MARA) reported strong second-quarter results. The firm recorded a huge turnaround in net income and sales. As a result, MARA’s stock price increased 24% over the last quarter.

As of this writing, MARA is priced at $15.75 per share, down 2%. The market cap stood at $5.77 billion, with an average volume of 48.99 million. MARA has seen a total return of 401.81% over the past five years.

Surprisingly, MARA shares dropped on Friday, July 25, 2025, after the firm announced a $1 billion note offering. Despite the decline, Compass Point analyst Ed Engel raised the price target from $9.50 to $18.

This projection could hold if MARA ongoing projects in AI and energy drive the expected growth in revenue and earnings.

Robinhood Markets (HOOD)

Over the past month, shares of Robinhood (HOOD) have surged 11.93%, per Google Finance data. At press time, HOOD was traded at $101.22, down slightly by 1.78% in pre-market trading.

Analysts have projected a 20.2% earnings growth rate for Robinhood this year. The value of HOOD has increased by 177.7% year-to-date and 410.8% over the past year.

Meanwhile, Robinhood has continued to expand its crypto offerings. The recently introduced spot trading for Hedera’s native token, HBAR, on its U.S. trading platform.

This move highlights Robinhood’s commitment to the crypto space. It could also attract more investors to the platform, potentially leading to higher prices for HOOD.