Strive Bitcoin Buying Spree Gets 27% Price Target Hike
TD Cowen raised its price target on Strive by 27% after the company's bitcoin buying spree, citing easing pressure from warrant-related stock dilution.
Can corporate bitcoin treasury strategies keep earning analyst upgrades if bitcoin's price turns volatile, or does today's confidence rest on a market that has only known gains? As more companies tie their stock value to bitcoin holdings, what happens during a sustained downturn remains untested.
https://www.bonuz.xyz/en/blog/strive-bitcoin-buying-spree-td-cowen-price-target
TD Cowen raised its price target on Strive by 27% after the company's bitcoin buying spree, citing easing pressure from warrant-related stock dilution.
Can corporate bitcoin treasury strategies keep earning analyst upgrades if bitcoin's price turns volatile, or does today's confidence rest on a market that has only known gains? As more companies tie their stock value to bitcoin holdings, what happens during a sustained downturn remains untested.
https://www.bonuz.xyz/en/blog/strive-bitcoin-buying-spree-td-cowen-price-target