PANews reported on July 15th that, according to The Block, TD Cowen raised the target price of Strategy (formerly MicroStrategy) stock from $590 to $680 and predicted in its latest research report that Bitcoin prices could reach $155,000 by December this year. As the world's largest listed Bitcoin holding company, Strategy currently holds 601,550 bitcoins. TD Cowen expects that as the company continues to purchase Bitcoin through equity and debt financing, the number of bitcoins held by Strategy could approach 900,000 by the end of 2027.
TD Cowen raises Strategy target price to $680, Bitcoin is expected to reach $155,000 by the end of the year
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
