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TD Cowen sees big rebound potential in crypto treasury stocks NAKA, SBET, and ASST after heavy losses.

Analyst Insights
09 Apr 2026
Tokenpost
View Source
Bullish
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TD Cowen analyst Lance Vitanza initiated buy ratings on Nakamoto Holdings (NAKA), SharpLink Gaming (SBET), and Strive (ASST), all of which lost over 90% of their value. He projects significant upside based on expected bitcoin and ether price gains by end of 2026 and 2027, with price targets suggesting multiples of current prices. Vitanza highlights each company's strategy to grow token holdings and generate income through treasury management, staking, and strategic acquisitions, positioning them to outperform spot crypto ETFs if the market recovers.

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