While the stock prices of crypto-related companies Nakamoto (NAKA), Sharplink Gaming (SBET), and Strive (ASST) have fallen by more than 90%, U.S. investment bank TD Cowen has evaluated them as value investment opportunities. According to CoinDesk, TD Cowen analyst Lance Vitanza explained, "If cryptocurrency prices recover and these companies continue to expand their token holdings per share, these stocks could perform better than Bitcoin ETFs." He added, "These companies are implementing strategies such as buying Bitcoin and Ethereum, and earning staking rewards. These strategies can generate better returns than spot cryptocurrency funds and can help cover costs, especially during unfavorable market conditions." Assuming Bitcoin reaches approximately $140,000 and Ethereum reaches approximately $3,650 by the end of 2026, Lance Vitanza set target stock prices of $1 for Nakamoto, $16 for Sharplink, and $26 for Strive. The investment rating was 'Buy'.
