Crypto stocks on a rollercoaster today: Who’s winning and who’s losing?
The post Crypto stocks on a rollercoaster today: Who’s winning and who’s losing? appeared on BitcoinEthereumNews.com. Journalist Posted: September 23, 2025 Key Takeaways Which company faced the largest stock drop, and why? Helius Medical Technologies (HSDT) saw the largest decline, with stock plunging 33.6% after announcing its first Solana purchase of 760,190 tokens for $175.6 million. How did other notable companies perform? Strive Inc. (ASST) dropped 4.6%, while Metaplanet and MSTR saw minor declines of 3.13% and 2.56%, respectively. The crypto market continues to navigate choppy waters, and ripple effects are showing across related sectors. On the 22nd of September, U.S. crypto-linked stocks experienced a mixed session. Investors reacted cautiously to recent moves by crypto treasury firms, even as the market welcomed news of fresh crypto pivots and acquisitions. Early trading saw declines in several crypto-focused equities across U.S. and Canadian markets, coinciding with Bitcoin [BTC] slipping below $113,000 for the first time in nearly two weeks. Crypto stocks that tumbled Leading the day’s losses was medical device firm Helius Medical Technologies (HSDT), whose stock plunged 33.6% after revealing its first acquisition of Solana [SOL]. This was despite the company spending over $175.6 million to acquire 760,190 SOL at an average price of $231. Adding to the fray were the stocks of CEA Industries (BNC), a Binance [BNB] treasury-backed firm founded by Changpeng Zhao, which also suffered. They fell 19.5% following a $500 million share issuance announced on the 21st of September, which the company acknowledged could generate volatility. The day’s losses extended to BitMine Immersion Technologies (BMNR), Tom Lee’s Ethereum [ETH]-focused treasury company, which closed down 10.10% after announcing a $1.1 billion Ether purchase. Crypto treasury winners While crypto acquisitions weighed on stock prices, announcements of new crypto pivots generated substantial gains. AgriFORCE Growing Systems (AGRI), which provides farming technology, surged nearly 137.76% after unveiling plans to rebrand as AVAX One and raise $550 million to…
The post Crypto stocks on a rollercoaster today: Who’s winning and who’s losing? appeared on BitcoinEthereumNews.com.
Journalist Posted: September 23, 2025 Key Takeaways Which company faced the largest stock drop, and why? Helius Medical Technologies (HSDT) saw the largest decline, with stock plunging 33.6% after announcing its first Solana purchase of 760,190 tokens for $175.6 million. How did other notable companies perform? Strive Inc. (ASST) dropped 4.6%, while Metaplanet and MSTR saw minor declines of 3.13% and 2.56%, respectively. The crypto market continues to navigate choppy waters, and ripple effects are showing across related sectors. On the 22nd of September, U.S. crypto-linked stocks experienced a mixed session. Investors reacted cautiously to recent moves by crypto treasury firms, even as the market welcomed news of fresh crypto pivots and acquisitions. Early trading saw declines in several crypto-focused equities across U.S. and Canadian markets, coinciding with Bitcoin [BTC] slipping below $113,000 for the first time in nearly two weeks. Crypto stocks that tumbled Leading the day’s losses was medical device firm Helius Medical Technologies (HSDT), whose stock plunged 33.6% after revealing its first acquisition of Solana [SOL]. This was despite the company spending over $175.6 million to acquire 760,190 SOL at an average price of $231. Adding to the fray were the stocks of CEA Industries (BNC), a Binance [BNB] treasury-backed firm founded by Changpeng Zhao, which also suffered. They fell 19.5% following a $500 million share issuance announced on the 21st of September, which the company acknowledged could generate volatility. The day’s losses extended to BitMine Immersion Technologies (BMNR), Tom Lee’s Ethereum [ETH]-focused treasury company, which closed down 10.10% after announcing a $1.1 billion Ether purchase. Crypto treasury winners While crypto acquisitions weighed on stock prices, announcements of new crypto pivots generated substantial gains. AgriFORCE Growing Systems (AGRI), which provides farming technology, surged nearly 137.76% after unveiling plans to rebrand as AVAX One and raise $550 million to…
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