🏦 TD Cowen forecasts Smarter Web — a Bitcoin reserve company $BTC — has potential for growth of up to 90% after its IPO plan for preferred shares with the stock code 'MORE'.
According to TD Cowen, this IPO deal helps Smarter Web optimize capital efficiency and expand future fundraising options.
Why is it noteworthy?
Raising the price target shows the research firm believes in the company’s operating model and its Bitcoin accumulation strategy through a new financial instrument.
In short:
A Bitcoin reserve company has just been rated more highly by analysts for its new method of raising capital.
#Bitcoin #CryptoNews
🔗 Source: The Block
⚠️ Information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
According to TD Cowen, this IPO deal helps Smarter Web optimize capital efficiency and expand future fundraising options.
Why is it noteworthy?
Raising the price target shows the research firm believes in the company’s operating model and its Bitcoin accumulation strategy through a new financial instrument.
In short:
A Bitcoin reserve company has just been rated more highly by analysts for its new method of raising capital.
#Bitcoin #CryptoNews
🔗 Source: The Block
⚠️ Information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).