via Bitcoin Magazine · By Bitcoin Magazine Editorial
TD Cowen Raises Strategy (MSTR) Price Target To $400 On Bitcoin Accumulation And Balance Sheet Shift
BTC/USDT
$9,121,784,308.07
$64,588.00 / $63,184.21
Change: $1,403.79 (2.22%)
+0.0007%
Longs pay
TD Cowen has raised its price target on Strategy (MSTR) to $400, pointing to strong bitcoin accumulation and a shift in financing strategy as key drivers of potential upside. With shares trading near $166, the new target implies a gain of more than 140%.
The brokerage maintained its buy rating, citing faster-than-expected bitcoin purchases and a change in capital structure that supports…
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