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Reliance Global Group ( (RELI) ) has issued an announcement.
On September 16, 2025, Reliance Global Group entered into an Interim Crypto Purchase Agreement with Moshe Fishman to facilitate cryptocurrency purchases on behalf of the company, as it establishes its institutional cryptocurrency account. This move is part of Reliance’s broader strategy to build a diversified digital asset portfolio, beginning with its initial purchase of Ethereum under its Digital Asset Treasury initiative. The initiative aims to achieve long-term capital appreciation and is supported by the formation of a Crypto Advisory Board to guide management in digital asset initiatives. This strategic expansion into digital assets underscores Reliance’s commitment to innovation in both insurance and decentralized finance.
The most recent analyst rating on (RELI) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.
Spark’s Take on RELI Stock
According to Spark, TipRanks’ AI Analyst, RELI is a Underperform.
Reliance Global Group’s stock is rated low due to significant financial challenges, including high leverage, negative cash flows, and operational inefficiencies. Technical analysis indicates a bearish trend with oversold conditions, and valuation metrics highlight ongoing losses. These factors collectively contribute to a high-risk profile for the stock.
To see Spark’s full report on RELI stock, click here.
More about Reliance Global Group
Reliance Global Group is a company that leverages artificial intelligence, data mining, and innovative distribution models to deliver competitive, technology-enabled insurance solutions through platforms like RELI Exchange and 5MinuteInsure.com. The company is expanding into digital assets, aiming to integrate blockchain capabilities with its existing AI-driven InsurTech platforms.
Average Trading Volume: 1,793,439
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.35M
Find detailed analytics on RELI stock on TipRanks’ Stock Analysis page.