TD Cowen Raises Strategy (MSTR) Price Target To $400 On Bitcoin Accumulation And Balance Sheet Shift

BTC

BTC/USDT

$79,626.01

-1.55%

$79,626.01

-1.55%

(24s)

24h Volume

$17,377,625,857.66

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0019%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

Bitcoin Magazine Editorial

(05:55 PM UTC)

1 min read

Reviewed byEmily Watson

0 comments

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…