TD Cowen: Strategy stock price premium is reasonable, maintains buy rating with a target price of $1625.

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[Bit推] TD Cowen stated in a research report that despite the risks, it is reasonable for Strategy's stock price to trade at a premium relative to its net asset value (NAV) of Bitcoin (BTC) held. The institution noted that Strategy's "equity-to-BTC loop" model enables it to use its stock issuance revenue to purchase more Bitcoin, thereby driving higher stock prices and further Bitcoin purchases, creating a virtuous cycle. TD Cowen reiterated its "buy" rating on Strategy and set a target price of $1625.

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WalletWhisperervip
· 22h ago
What's the hurry? Steady and enjoy the good food.
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PoetryOnChainvip
· 22h ago
Just looking at this number is pleasing.
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SerNgmivip
· 07-01 12:12
I am not optimistic about 1,600.
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BearMarketLightningvip
· 07-01 12:09
Laughing to death, it's about to skyrocket and you're still buying.
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WalletWhisperervip
· 07-01 12:09
bullish pattern spotted. whales know this loop.
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CommunityWorkervip
· 07-01 11:45
Bull beer pattern is heating up.
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SolidityJestervip
· 07-01 11:43
Position fully loaded!
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