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Strategy Bitcoin price per share has increased by 20.8% since the beginning of the year, TD Cowen reiterates MSTRs $680 target price
Odaily News Investment bank TD Cowen said that the premium of Strategy is reasonable. After increasing its holdings by 6,220 BTC again last week, one share of MSTR stock now corresponds to 20.8% more Bitcoin than on January 1. TD Cowen reiterated the $680 target price of MSTR stock and predicted that by 2027, Strategy will hold nearly 900,000 BTC, and the flywheel strategy of the Bitcoin Treasury will continue to power it. (The Block)
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