According to @CoinMarketCap, investment bank TD Cowen forecasts a 6,720 BTC addition to the company’s treasury following a €620M euro-denominated preferred stock offering and maintains a $141,277 base-case year-end target for BTC; source: CoinMarketCap citing TD Cowen (Nov 12, 2025). For trading, the bank’s forecast highlights two potential catalysts to monitor into year-end: a 6,720 BTC treasury purchase funded by the euro-denominated preferred issuance and the $141,277 BTC base-case target; source: CoinMarketCap citing TD Cowen (Nov 12, 2025).

According to the source, Helius completed its first Solana (SOL) treasury purchase valued at about 168 million, and the company’s stock fell afterward (source: user-provided link content). According to the source, the post attributes the equity decline to investor reaction following disclosure of the SOL allocation (source: user-provided link content). According to the source, no stock ticker, exchange venue, or official filing reference was included, so traders should seek confirmation via company disclosures or regulatory filings before positioning (source: user-provided link content). If the claim is confirmed, traders can monitor SOL spot liquidity, perp funding, basis spreads, and SOL BTC correlation around any subsequent treasury flows to gauge near term market impact.

According to Adrian (@adriannewman21), dismissing the event as not Web3-related is misguided, noting that retail participants have fair access and stating the involved party announced buying SOL last month, source: Adrian (@adriannewman21) on X, Aug 12, 2025. According to Adrian (@adriannewman21), traders should watch for sentiment spillover into Solana SOL and Memeland-linked assets; in the near term, monitor SOL spot and perpetual volumes, funding rates, and Memeland ecosystem token or NFT price action around related X headlines for momentum cues, analysis based on Adrian (@adriannewman21) on X, Aug 12, 2025.