Then Nvidia (NVDA) Beat Q3 earnings and issued a strong Q4 outlook, artificial intelligence (AI) and related High-Performance Computing (HPC) stocks advanced in pre-market trading.
Beating expectations has helped calm the recent market jitters that have ushered in Job data delays, Expectations of a rate cutand a 30% pullback in Bitcoin from its record high.
AI/HPC Bitcoin miners are the biggest beneficiaries of the stellar earnings beat.
Iren (IREN) is up more than 8% to nearly $50, Cipher Mining (CIFR) is up 11% to more than $16, and Hive Digital (HIVE) is up more than 6% to $3.28. Broader tech also bounced, with Invesco QQQ up 1.5% at $610 and NVIDIA (NVDA) up more than 5%. Strength in tech supported the DXY index, which returned above 100 for the first time since November 5.
Naka Q3 earnings
In addition, Kindly MD (NAKA) reported Q3 income after the first delay results. The company posted $0.4 million in revenue for the medical business, up from $0.6 million in Q3 2024.
Naka recorded an $86 million net loss in Q3 2025, driven by non-cash charges from the Nakamoto merger and unrealized losses on Bitcoin.
As of September 30, Naka reported $24,185 cash on hand and held 5,765 BTC at an average price of $118,204.
The company allocated 367 BTC for investments including in Metaplanet (3350), leaving 5,398 BTC in the Treasury on November 12; It also carries $203 million in convertible notes. Naka trades at 0.916 times MNAVwith shares at $0.54, little changed in the pre-market.
