tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Pineapple Financial Announces $100M Digital Asset Strategy

Story Highlights
  • Pineapple Financial announced a $100 million private placement to launch a digital asset treasury strategy.
  • The initiative positions Pineapple as the first publicly traded INJ holder, aligning with blockchain finance trends.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pineapple Financial Announces $100M Digital Asset Strategy

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Pineapple Financial ( (PAPL) ) just unveiled an update.

On September 2, 2025, Pineapple Financial Inc. announced a $100 million private placement to launch the first digital asset treasury strategy anchored in INJ, the native asset of Injective. This strategic move positions Pineapple as the first publicly traded company to hold INJ, aligning it with the growing trend of blockchain-based finance. The initiative is expected to generate a passive yield of approximately 12%, highlighting Pineapple’s commitment to innovation in financial strategies. The transaction attracted participation from leading investors in both traditional finance and crypto, underscoring confidence in Pineapple’s strategy and Injective’s potential to transform financial markets.

The most recent analyst rating on (PAPL) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Pineapple Financial stock, see the PAPL Stock Forecast page.

Spark’s Take on PAPL Stock

According to Spark, TipRanks’ AI Analyst, PAPL is a Neutral.

Pineapple Financial’s overall stock score is primarily impacted by its weak financial performance, characterized by negative profitability and high leverage. Technical analysis provides some short-term positive signals, but valuation remains poor due to ongoing losses. The absence of earnings call data and corporate events limits further insights.

To see Spark’s full report on PAPL stock, click here.

More about Pineapple Financial

Pineapple Financial Inc. is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on the long-term success of agents and brokers as well as the overall experience of homeowners. The company creates cutting-edge cloud-based tools and AI-driven systems to enable its brokers to help Canadians realize their dream of owning a home.

Average Trading Volume: 2,292,629

Technical Sentiment Signal: Hold

For detailed information about PAPL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1