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via Decrypt · By Decrypt Editorial

Bitcoin Giant Strategy Gets Price Target Boost From TD Cowen After $2 Billion BTC Buy

BTC

BTC/USDT

$62,976.31
-1.76%
24h Volume

$18,213,450,897.01

24h H/L

$64,275.38 / $61,938.00

Change: $2,337.38 (3.77%)

Long/Short
68.3%
Long: 68.3%Short: 31.7%
Funding Rate

+0.0015%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,836.00

0.16%

Volume (24h): -

Resistance Levels
Resistance 3$65,584.14
Resistance 2$64,241.09
Resistance 1$62,998.21
Price$62,836.00
Support 1$61,886.44
Support 2$60,560.52
Support 3$59,130.91
Pivot (PP):$62,832.25
Trend:Downtrend
RSI (14):37.8
DE
Decrypt Editorial
(03:08 PM UTC)
1 min read
EW
Verified byEmily Watson
956 views
0 comments

In brief

  • TD Cowen analysts have upgraded the price targets for shares of Strategy (MSTR) to $400 per share.
  • The upgrade comes as Strategy continues to add Bitcoin via its preferred equity stock offering, Stretch (STRC).
  • Shares of MSTR are down around 1% since trading began on Tuesday, changing hands around $164.

Analysts at TD Cowen think shares in Bitcoin treasury firm Strategy (MSTR) could…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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