Strive’s bitcoin buying spree earns 27% price target hike from TD Cowen
Strive plans fresh funding for bitcoin purchases as TD Cowen sees warrant-related stock pressure easing.
AI summary
TD Cowen raised its price target on Strive by 27% after the company's continued bitcoin buying spree. Strive plans fresh funding to purchase more bitcoin, and the analyst expects warrant-related selling pressure on the stock to ease. The news signals ongoing corporate demand for BTC, which traders may view as a modestly supportive signal for bitcoin sentiment.
Narrative history
-
41M AGOYou’re reading thisStrive’s bitcoin buying spree earns 27% price target hike from TD CowenThe Block · Score 45
-
12 OCT · 20:53The Block · Score 33 · via TD, Cowen
