B. Riley Downgrades Digital Asset Treasury Companies Amid Crypto Slump.

B. Riley has cut its outlook for digital-asset treasury companies, citing a sell-off that outpaced declines in major cryptocurrencies. Analysts Fedor Shabalin and Nick Giles reduced price targets and lowered share price targets across their coverage. BitMine, FG Nexus, Kindly MD, Sequans, and SharpLink Gaming saw their targets cut, but maintained buy ratings. Despite recent weakness, the analysts expect a rebound in the market once crypto markets stabilize and yield strategies show follow-through.