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

BTC

BTC/USDT

$84,432.01

+1.36%

$84,432.01

+1.36%

(24s)

24h Volume

$19,071,658,481.97

24h H/L

$84,942.45 / $83,156.00

Change: $1,786.45 (2.15%)

Long/Short

56.7%

Long: 56.7%Short: 43.3%

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,644.26

▲ 0.28%

Volume (24h): -

Resistance Levels

Resistance 3$99,648.20

Resistance 2$94,549.91

Resistance 1$85,369.74

Price$84,644.26

Support 1$84,364.01

Support 2$81,859.10

Support 3$77,001.87

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):66.0

Decrypt Editorial

(03:08 PM UTC)

1 min read

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…