CoinVoice has recently learned that, according to CoinDesk, Wall Street analysts support Strategy's $84 billion Bitcoin expansion '42/42 plan'. Benchmark and TD Cowen analysts reiterated their buy ratings on the company, believing that its capital raising strategy is viable, including:
Benchmark analyst Mark Palmer believes that Strategy has demonstrated its first-mover advantage in Bitcoin accumulation and has the capacity to accelerate acquisitions, raising the company's target price to $650; TD Cowen analyst Lance Vitanza believes that Strategy's $111 billion market capitalization and strong trading liquidity enhance the credibility of the new financing plan, raising the company's target price to $550.
Additionally, the two analysts praised Strategy's decision to increase Bitcoin-related performance targets, including raising the 2025 BTC yield target from 15% to 25%, and increasing the BTC revenue target from $10 billion to $15 billion. [Original link]
