Investment bank Citi (C) initiated coverage of Strategy (MSTR) with a buy/high risk rating and a $485 price target, positioning the stock as a leveraged bet on bitcoin (BTC). MSTR shares were 1.5% higher in early trading on Tuesday, around $301. The price target reflects Citi’s 12-month bitcoin forecast of $181,000, representing 63% upside from current levels, and a 25% to 35% net asset value (NAV) premium, which aligns with Strategy’s historical 2.5x to 3.5x bitcoin yield multiple, the bank said in the ...

Helius Medical Technologies (NASDAQ: HSDT) announced the purchase of over 760,000 SOL at an average price of $231, totaling approximately $167 million. The acquisition is part of its $500 million digital asset treasury strategy led by Pantera Capital and Summer Capital. The company plans to continue accumulating SOL while exploring staking and DeFi deployment opportunities. https://t.co/i1z0ymrILi ...

🤝 @zoozpowerglobal selects https://t.co/vCNztATkNg as a partner to support digital asset treasury strategy.Read more here 👉 https://t.co/6Ez9EwUH31 https://t.co/v0ulaARKW2 ...

oooh yessss$500 $SOL VERY SOOONCoinDesk (@CoinDesk):🔥 JUST IN: Sharps Technology has announced a $400M+ private placement to establish the largest Solana digital asset treasury strategy. https://t.co/xBfe4qYOoj ...