DNA Sciences 15min chart MACD Death Cross, Bearish Marubozu triggered.

DNA Sciences' 15-minute chart has recently triggered a MACD Death Cross and a Bearish Marubozu pattern on October 3, 2025 at 13:15. This suggests that the stock price is poised to continue its downward trend, with sellers dominating the market and bearish momentum expected to persist.

Applied DNA Sciences Inc. (APDN), a biotechnology company focused on nucleic acid production solutions, has recently announced a significant strategic pivot. The company has secured commitments for up to $58 million in a private investment in public equity offering to launch a digital asset treasury strategy focused on BNB, the native cryptocurrency of the Binance blockchain ecosystem Applied DNA Sciences secures up to $58 million for BNB treasury strategy^[1].

The biotechnology company received $27 million in initial commitments through cash, stablecoin, and OBNB Trust units, with potential for an additional $31 million from warrant exercises. The closing of the transaction is expected to occur around October 1, 2025, subject to customary conditions Applied DNA Sciences secures up to $58 million for BNB treasury strategy^[1].

In addition to the financial commitment, Applied DNA has appointed several key advisors and entered into strategic agreements to support this new initiative. Clay Shorrock has been appointed as president and chief executive officer, succeeding Judy Murrah, who will remain as board chairperson Applied DNA Sciences secures up to $58 million for BNB treasury strategy^[1]. The company has also entered into a five-year Strategic Digital Assets Services Agreement with Cypress LLC for discretionary asset management services, including a 1.25% annual management fee and 10% incentive fee on net returns Applied DNA Sciences secures up to $58 million for BNB treasury strategy^[1]. Furthermore, Anthony Scaramucci, founder of SkyBridge Capital, has been appointed as strategic capital markets advisor, while Patrick Horsman will serve as chief investment officer Applied DNA Sciences secures up to $58 million for BNB treasury strategy^[1].

The strategic shift into BNB treasury strategy is a significant move for the company, which traditionally focuses on biopharmaceutical and diagnostics industries through its majority-owned subsidiary, LineaRx Inc. This move suggests a broader diversification of the company's operations and a potential for new revenue streams through the cryptocurrency market Applied Dna Scie Stock Price, News & Analysis^[2].

However, the financial markets have reacted to this news with caution. A recent analysis of APDN's 15-minute chart has triggered a MACD Death Cross and a Bearish Marubozu pattern on October 3, 2025 at 13:15, indicating a potential downward trend in the stock price . This suggests that sellers are currently dominating the market and that bearish momentum may persist.

Despite the market's concerns, Applied DNA Sciences is confident in its new strategy. The company believes that the BNB treasury strategy will generate yield through BNB staking and DeFi protocols, potentially providing a new source of revenue and enhancing the company's financial stability Applied DNA Sciences secures up to $58 million for BNB treasury strategy^[1].