Mogo shares surge 13.38% premarket as crypto strategy advancements and Q3 earnings anticipation drive optimism.

Mogo Inc. surged 13.38% in premarket trading following speculation about its upcoming third-quarter 2025 earnings report and strategic advancements in cryptocurrency. The company is set to release results on November 7, with analysts estimating a 9.8% year-over-year revenue decline to $11.7 million and a loss per share of 5 cents. However, investor optimism centers on Mogo’s expanding crypto strategy, including regulatory progress to offer combined equity and cryptocurrency trading in Canada—a rare position in the market. The company’s prior earnings performance, with a 223.2% average surprise in the last four quarters, may have fueled expectations of a positive outcome. Additionally, Mogo’s capital gains from Bitcoin reserves, boosted by its Q2 2025 treasury expansion, are seen as a long-term growth catalyst. While near-term financial metrics suggest challenges, the focus on crypto innovation and market positioning appears to drive the premarket rally.