Investment bank TD Cowen has raised the Price Target of Strategy from $590 to $680
BlockBeats News, July 15th: Investment bank TD Cowen has raised its Strategy target price from $590 to $680 and predicted that Bitcoin is expected to reach $155,000 by December this year. Strategy is currently the publicly traded company with the largest Bitcoin holdings, with a total of 601,550 BTC after recently purchasing $472.5 million worth of Bitcoin.
The bank's baseline price prediction for Bitcoin is $128,000, with a most bearish estimate of $55,000. Strategy plans to raise $8.4 billion for further Bitcoin purchases, with expectations to hold as much as 900,000 BTC by 2027.
TD Cowen suggests that investors consider Strategy's preferred stock to gain returns and reduce volatility risks.
You may also like

Tokenized US stocks are not the "liquidity killer" of the crypto market

Why do I still have confidence in ETH?

CRCL surges and plummets, COIN follows with a dive: The real battle for interests behind the CLARITY Act
What Is TradFi and Why Is Everyone Talking About It in 2026?
From Poland to Paris: A Look Back at WEEX's Global Community Journey in May 2026

WEEX WXT Eco Carnival: How to Join WXT Events and Plan Trading Tasks
The WEEX WXT Eco Carnival is an ecosystem campaign built around WEEX Token (WXT), designed for users interested in platform tokens, spot trading, futures trading, deposit tasks, and referral rewards.

WSJ: Hyperliquid is becoming Wall Street's crypto "convenience store"

Morning Report | Robinhood completes acquisition of WonderFi for $180 million; Anthropic submits IPO draft application to SEC confidentially; Google plans to raise $80 billion in financing

Morning Report | Strategy sold 32 BTC and over 800,000 shares of MSTR last week; Binance officially announced its U.S. stock trading portal; Polymarket reached an exclusive partnership with OneFootball

Zhou Hang: How much is SpaceX really worth?

IOSG: From Coinbase to Upbit: How a Token Completes a 28-Day Journey of Taking Over

Exclusive Interview with Alpaca CEO: What is the background of the US stock underlying service provider behind Binance and Bitget?

Variant: Three types of L1 assets are highly likely to become the main means of value storage

Does the performance on Perp DEX become an "invisible threshold" and "amplifier" for new coins to go live on CEX?

a16z Crypto's latest article: Why do we need to predict the market?

Strategy cashes out 2.5 million USD, but Bitcoin's market value dropped by 80 billion USD in one day

Collective Change of Ownership for Crypto Exchanges? The Positioning Competition Among South Korean Financial Giants

WEEXPERIENCE Trading Bootcamp in Poland: How WEEX & FireCrew Are Making Crypto Trading Accessible to Everyone
Tokenized US stocks are not the "liquidity killer" of the crypto market
Why do I still have confidence in ETH?
CRCL surges and plummets, COIN follows with a dive: The real battle for interests behind the CLARITY Act
What Is TradFi and Why Is Everyone Talking About It in 2026?
From Poland to Paris: A Look Back at WEEX's Global Community Journey in May 2026
WEEX WXT Eco Carnival: How to Join WXT Events and Plan Trading Tasks
The WEEX WXT Eco Carnival is an ecosystem campaign built around WEEX Token (WXT), designed for users interested in platform tokens, spot trading, futures trading, deposit tasks, and referral rewards.
