TD Cowen Raises Strategy (MSTR) Price Target to $400 on Bitcoin Accumulation and Balance Sheet Shift

TD Cowen has raised its price target on Strategy to $400 due to strong bitcoin accumulation and a shift in financing strategy. The company now holds 843,738 BTC, valued near $64 billion, and is expected to purchase close to 100,000 BTC in the second quarter. This implies a gain of more than 140% from the current share price.