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TD Cowen slashes Strategy target to $260 on bitcoin outlook, calls new capital framework ‘constructive’ · Cyprus Report

Business · World

TD Cowen slashes Strategy target to $260 on bitcoin outlook, calls new capital framework ‘constructive’

1 sourceFirst reported 22 days agoUpdated 22 days ago

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TD Cowen has reduced its price target for Strategy from $400 to $260 due to a revised outlook on bitcoin.
The firm described its new capital framework as "constructive."
This decision reflects adjustments based on recent trends and forecasts in the cryptocurrency market.
The updated target signifies a more cautious approach towards bitcoin investment potential.
The announcement was made on June 30, 2026.

Generated by AI from the 1 sources below · always verify with the originals

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TD Cowen slashes Strategy target to $260 on bitcoin outlook, calls new capital framework ‘constructive’The Block · 22 days ago

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AI summary: catch up in 20 seconds

TD Cowen has reduced its price target for Strategy from $400 to $260 due to a revised outlook on bitcoin.
The firm described its new capital framework as "constructive."
This decision reflects adjustments based on recent trends and forecasts in the cryptocurrency market.
The updated target signifies a more cautious approach towards bitcoin investment potential.
The announcement was made on June 30, 2026.

Generated by AI from the 1 sources below · always verify with the originals