PANews October 9 news: According to a report by The Block, investment bank TD Cowen has raised its price forecast for Bitcoin by the end of 2026 to about $109,000 (having been reduced to $97,500 in early September) and expects it to reach $280,000 in 2029. TD Cowen also maintains a Buy rating for Strategy (MSTR) and a target price of $260. Analysts including Lance Vitanza said that a rise in the price of Bitcoin could enhance Strategy’s profit potential, but capital structure expansion and related dilution would weaken the benefit on a per-share basis.
