On July 22, investment bank TD Cowen stated that the premium for Strategy is reasonable. After adding 6,220 BTC last week, one MSTR stock now corresponds to 20.8% more bitcoin compared to January 1. TD Cowen reiterated its target price of $680 for MSTR stock and predicts that by 2027, Strategy will hold nearly 900,000 BTC, with the bitcoin treasury's flywheel strategy continuing to provide momentum.
Strategy Bitcoin price per share has increased by 20.8% since the beginning of the year, TD Cowen reiterates MSTR's $680 target price
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