TD Cowen raised its price target on Strategy to $400 from $395 and kept a Buy rating after faster-than-expected Bitcoin accumulation. TD Cowen said Strategy had already bought more BTC midway through Q2 than it had modeled for the full quarter and now forecasts about 100,000 BTC of Q2 purchases.
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TD Cowen Raises Strategy Target to $400 on Faster Bitcoin Accumulation
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