After major losses in value in the cryptocurrency market, the search for new value in companies with digital asset treasures such as Nakamoto, Sharplink and Strive came to the fore. Lance Vitanza from TD Cowen pointed out that these companies, whose shares have recently fallen by more than 90 percent, may come to the fore with the possibility of recovery in the crypto market.
Nakamoto’s growth strategy and goals
Vitanza gave a ‘buy’ rating for the Nakamoto company and set a target price of $1 per share. The analyst based this target on the assumption that the Bitcoin price will reach $140,000 by the end of fiscal year 2027, expected Bitcoin earnings of approximately $394 million, and some financial multiples. The company’s share price currently stands at $0.21.
Nakamoto not only accumulates Bitcoin but also owns minority stakes in overseas treasuries such as Metaplanet and Treasury BV. It was claimed that the company also operates in the field of media, cryptocurrency advocacy and digital asset management, and that the coexistence of these business lines creates a unique synergy potential for the company.
New moves of Sharplink and Strive
Similarly, a ‘buy’ rating and a target price of $16 were announced for Sharplink. The background of the price prediction here is the expected $ 93 million dollar earnings for 2026, a 2x multiplier and the prediction that the ether price will be $ 3,650 at the end of the year. The company’s stock closed at $6.42 on Thursday.
Among the names under Sharplink’s management are Joseph Chalom, former manager of BlackRock in the field of digital assets, and Joseph Lubin, one of the co-founders of Ethereum. The company’s goal is to increase yield per ether; It aims to achieve this by increasing the amount of ether held in the treasury and through staking. Vitanza stated that Sharplink’s return potential may be higher due to the fees borne by fund investors and the lack of staking in spot ether investment products.
The ability of staking revenues to cover operating expenses even during periods of weakness in the ether price was shown as a positive factor for Sharplink.
A target price of $26 was announced for Strive, along with a ‘buy’ recommendation. This implies a target of approximately three times the company’s current closing price. The target is based on an expected Bitcoin return of $142 million by the end of fiscal 2026 and a Bitcoin price of $140,000 for the end of the year.
Strive became the first company to acquire another public Bitcoin treasury when it acquired Semler Scientific in January 2026. Vitanza described the acquisition as a significant turning point for the industry and argued that Strive could play a consolidating role for similar companies that trade at a discount to the market.
Attention was also drawn to Strive’s activities in the fields of asset management, social media marketing and Bitcoin education. These business units are expected to support the company’s treasury operations and outperform spot Bitcoin investment funds in favorable market conditions.
