🔥TD Cowen lowers the target price for Strategy to $350, giving buy ratings to four crypto treasury companies including Sharplink


According to The Block, TD Cowen has cut the target price for Strategy (MSTR) from $440 by 20.5% to $350, maintaining a buy rating. Analysts Lance Vitanza and Jonathan Navarrete attribute the adjustment to lowered Bitcoin price expectations and a reduced valuation multiple for the company's Bitcoin earnings. They have lowered Strategy's 2026 fiscal year Bitcoin earnings forecast to $7.87 billion, down from $10.17 billion in 2025, but believe the core logic for the company lies in converting market volatility demand into effective leverage. TD Co…
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