TD Cowen raised its price target for MicroStrategy ($MSTR) from $590 to $680 and predicts that the price of Bitcoin will reach $155,000.00 in December 2025. MicroStrategy recently increased its holdings by 4,225 $BTC at an average price of $111,827.00, bringing its total holdings to 601,550. TD Cowen believes that MicroStrategy's continued purchase of coins through debt and equity financing has made it a core beneficiary of Bitcoin's rise. (The Block) [Odaily Planet Daily News]
TD Cowen raised its price target for MicroStrategy (MSTR) from $590 to $680 and predicts that the price of Bitcoin will reach $155,000.00 in December 2025. MicroStrategy recently increased its holdings by 4,225 BTC at an average price of $111,827.00, bringing its total holdings to 601,550. TD Cowen believes that MicroStrategy's continued purchase of coins through debt and equity financing has made it a core beneficiary of Bitcoin's rise. (The Block) [Odaily Planet Daily News]