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TD Cowen slashes Strategy target despite Michael Saylor’s Bitcoin plan – TON BOT

TD Cowen slashes Strategy target despite Michael Saylor’s Bitcoin plan

TD Cowen reduced its price target for Strategy stock to $260, but maintained a buy rating, citing a weaker long-term Bitcoin outlook. Despite this, investors are watching for Strategy to resume Bitcoin purchases as its mNAV remains below 1.0. The company’s new capital plan aims to improve financial flexibility.


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