Reported 1 day ago
TD Cowen has reiterated a Buy rating on Strategy Inc. (NASDAQ:MSTR), lowering the price target from $680 to $640 due to pressures from recent bitcoin price fluctuations. The company, led by CEO Michael Saylor, holds a significant amount of bitcoin and aims to capitalize on market volatility with strategic purchases. While some analysts express skepticism, the firm remains confident in its long-term vision for bitcoin as a store of value in the financial landscape.
Source: YAHOO