TD Cowen analyst Lance Vitanza has initiated coverage of three crypto stocks—Nakamoto Holdings (NAKA), SharpLink Gaming (SBET), and Strive (ASST)—with buy ratings, suggesting they could outperform traditional Bitcoin exchange-traded funds (ETFs). He set ambitious price targets of $1 for Nakamoto, $16 for SharpLink, and $26 for Strive, based on assumptions that Bitcoin could reach $140,000 and Ether around $3,650 by late 2026. Vitanza believes these companies' strategies, which include aggressive accumulation of digital assets and staking yields, will provide better returns than standard crypto ETFs. Nakamoto stands out for its dual strategy of direct Bitcoin accumulation and minority stakes in firms like Metaplanet, while SharpLink, led by former BlackRock executive Joseph Chalom, aims to enhance its ether holdings through treasury operations. Strive's recent acquisition of Semler Scientific marks a significant move, positioning it as a potential leader in the sector. Vitanza's analysis suggests that these companies are well-positioned to capitalize on a rebound in digital asset prices.