Strategy Target Slashed To $350, But Watch These Four Crypto Treasury Stocks, TD Cowen Says - Strategy (N

Strategy Target Slashed To $350, But Watch These Four Crypto Treasury Stocks, TD Cowen Says - Strategy (N

TD Cowen slashed its Strategy (NASDAQ:MSTR) price target 20.5% to $350 from $440 while launching buy ratings on four crypto treasury firms as Bitcoin (CRYPTO: BTC) tapped $73,000 on Friday. The Strategy Cut Analysts Lance Vitanza and Jonathan Navarrete attributed the revised target to a “lower bitcoin price deck” and a reduction in the valuation multiple applied to the company’s projected bitcoin gains, The Block reported on Friday. The analysts…

Crypto treasury firms deserve closer attention and these four are buying opportunities, says TD Cowen

TD Cowen is initiating coverage on four crypto treasury firms – public companies who make it their job to buy and hold crypto to increase shareholder value.

TD Cowen launches formal coverage of Bitcoin treasury compan

TD Cowen has initiated equity research coverage on a select group of public Bitcoin treasury companies, establishing a dedicated analytical framework for the sector. The firm has also published valuation models and key performance indicators tailored specifically to these companies, marking an expan...

TD Cowen Initiates Coverage On Bitcoin Treasury Companies, Frames PBTC Sector As Investable Equity Category

TD Cowen this week initiated equity research coverage on three public Bitcoin treasury companies (PBTCs) and one Ethereum digital asset treasury, publishing proprietary valuation models and KPIs specific to the sector.  The move marks one of the more concrete steps a major bank has taken to build formal research infrastructure around Bitcoin-focused equities. The firm’s analysts, led by Lance Vitanza, view Bitcoin as a long-term store of value —…