Why Beeline Holdings (BLNE) Stock Skyrocketed 30% in a Single Day

Beeline Holdings, Inc. (BLNE), formerly Eastside Distilling, surged nearly 30% on Tuesday and is up another 30% in pre-market trading Wednesday.

Beeline Holdings, Inc. is a fintech company transforming the mortgage and title industry through an AI-driven, fully digital platform. Notably, the company is using blockchain technology to change how real estate deals are done. Its stablecoin-based system offers a new way for people to buy homes, one that could be an alternative to traditional mortgages.

What’s Fueling the Rally?

BLNE stock climbed despite a lack of fresh news, sparking investor interest. Nonetheless, the rally began last week after the company announced it had completed its first fractional equity sale using a stablecoin-based transaction structure.

This deal is the first of several small test sales that the company plans to complete in the next few weeks. These are part of a larger rollout expected in early August 2025. According to the company, these transactions won’t be affected by current or future interest rates, unlike regular home loans.

Last month, the company reported its first quarterly results as a public company, showcasing strong AI-driven growth. It crossed $1 billion in total loan originations and posted a 38% year-over-year increase, marking a major milestone in its fintech expansion.

What is the Stock Price Forecast for Beeline Holdings?

While Wall Street currently offers no analyst coverage on BLNE stock, TipRanks’ A.I. Analyst assigns it a Neutral rating with a score of 52 out of 100. Meanwhile, the stock’s price target of $1.00 suggests a potential downside of 30% from current levels.

For context, TipRanks’ A.I. Stock Analysis provides automated, data-backed evaluations of stocks across key metrics, offering users a clear and concise view of a stock’s potential.