Investment bank TD Cowen raised Strategy's target stock price from $590 to $680.
On July 15 (UTC+8), investment bank TD Cowen raised Strategy's target stock price from $590 to $680, while predicting that Bitcoin could reach $155,000.00 in December of this year. Strategy is currently the public company holding the most Bitcoin. After recently purchasing Bitcoin for $472.50 million, its total holdings have reached 601,550 BTC. TD Cowen's benchmark forecast price for Bitcoin is $128,000.00, with the most pessimistic expectation being $55,000.00. In addition, Strategy plans to raise $84.00 billion to continue purchasing Bitcoin, and it is expected that its holdings will reach 900,000 $BTC by 2027. The investment bank recommends that investors pay attention to Strategy's preferred stock in order to obtain returns and reduce investment risk volatility. (Source: Mlion.ai) [MetaEra]
Investment bank TD Cowen raised Strategy's target stock price from $590 to $680.
On July 15 (UTC+8), investment bank TD Cowen raised Strategy's target stock price from $590 to $680, while predicting that Bitcoin could reach $155,000.00 in December of this year. Strategy is currently the public company holding the most Bitcoin. After recently purchasing Bitcoin for $472.50 million, its total holdings have reached 601,550 BTC. TD Cowen's benchmark forecast price for Bitcoin is $128,000.00, with the most pessimistic expectation being $55,000.00. In addition, Strategy plans to raise $84.00 billion to continue purchasing Bitcoin, and it is expected that its holdings will reach 900,000 BTC by 2027. The investment bank recommends that investors pay attention to Strategy's preferred stock in order to obtain returns and reduce investment risk volatility. (Source: Mlion.ai) [MetaEra]
