TD Cowen Grows Bearish on $60 Billion Bitcoin Giant Strategy—Here's Why – Decrypt
In brief Strategy’s cash reserve is a prudent move, TD Cowen analysts said. Still, the investment bank lowered its Strategy price target to $500 per share. The company’s stock price hovered near a 13-month low. TD Cowen analysts lowered their price target for Strategy shares on Wednesday, citing the volatility of the Bitcoin treasury leader’s...
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