Investment bank TD Cowen has raised its target stock price for Strategy from $590 to $680 and predicts that Bitcoin is likely to reach $155,000.00 by December of this year. Strategy is currently the public company holding the most Bitcoin, and after recently purchasing Bitcoin for $472.50 million, its total holdings have reached 601,550 BTC. The bank's benchmark forecast price for Bitcoin is $128,000.00, with the most pessimistic expectation being $55,000.00. Strategy plans to raise $84.00 billion to further purchase Bitcoin and is expected to hold up to 900,000 BTC by 2027. TD Cowen recommends that investors consider Strategy's preferred stock to obtain returns and reduce volatility risk. [Odaily Planet Daily News]