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MSTR's Bitcoin per Share Ratio Up 20.8% Since Beginning of Year, TD Cowen Reaffirms $680 Target Price

Summary: According to reports, investment bank TD Cowen stated that the premium on Strategy is justified. Following the purchase of an additional 6,220 BTC last week, each share of MSTR now corresponds to 20.8% more Bitcoin than on January 1st. TD Cowen reaffirmed a $680 target price for MSTR stock and predicts that by 2027, Strategy ...

According to reports, investment bank TD Cowen stated that the premium on Strategy is justified. Following the purchase of an additional 6,220 BTC last week, each share of MSTR now corresponds to 20.8% more Bitcoin than on January 1st. TD Cowen reaffirmed a $680 target price for MSTR stock and predicts that by 2027, Strategy will hold nearly 900,000 BTC, with the Bitcoin treasury strategy continuing to drive its momentum.

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