BlockBeats news, on July 22, investment bank TD Cowen stated that the premium for Strategy is reasonable. After increasing their holdings by 6,220 BTC last week, one share of MSTR stock now corresponds to 20.8% more Bitcoin than on January 1. TD Cowen reiterated the target price of MSTR stock at $680, and expects that by 2027, Strategy will hold nearly 900,000 BTC, with the flywheel strategy of the Bitcoin treasury continuing to provide momentum.
Each share of Strategy corresponds to 20.8% more Bitcoin than at the beginning of the year; TD Cowen reiterates MSTR target price of $680
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