📉 Crypto treasury stocks take a hit

The broader market slump dragged down many firms holding crypto in their balance sheets. Bitcoin slipped under $113K, shaking investor confidence.

🔻 Big Losers

Helius Medical (HSDT) -33% after buying $175M SOL, which quickly lost value.

CEA Industries (BNC) -19% following a $500M share deal.

BitMine (BMNR) -10% despite a $1.1B ETH purchase.

MicroStrategy (MSTR) -2.5% after another big BTC buy.

🚀 Bright Spots

AgriFORCE (AGRI) +138% after rebranding to AVAX One & planning a $550M Avalanche acquisition.

Qualigen (QLGN) +95% on plans for a new crypto & Web3 business.

Bakkt (BKKT) +40% after adding crypto entrepreneur Mike Alfred to its board.

Semler Scientific (SMLR) +9.8% on news of a takeover by Strive Inc., a Bitcoin-friendly asset manager.

💡 Takeaway

Investors are rewarding strategic pivots & clear Web3 plans 🕸️, while simple crypto treasury bets remain risky ⚠️ in a volatile market.

#MarketPullback #BNBBreaksATH #GoldHitsRecordHigh #BinanceHODLerBARD #ProjectCrypto