Odaily Planet Daily News: Investment bank TD Cowen has raised the target stock price for Strategy from $590 to $680, predicting that Bitcoin may reach $155,000 by December this year. Strategy is currently the publicly listed company with the largest Bitcoin holdings, having recently purchased $472.5 million worth of Bitcoin, bringing its total holdings to 601,550 BTC. The bank's benchmark price forecast for Bitcoin is $128,000, with the most pessimistic expectation being $55,000. Strategy plans to raise $84 billion for further Bitcoin purchases, expecting to hold up to 900,000 BTC by 2027. TD Cowen advises investors to consider Strategy’s preferred stock for income generation and to reduce volatility risk.

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