{"id":4205,"date":"2025-07-14T22:20:34","date_gmt":"2025-07-14T22:20:34","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/07\/14\/td-cowen-raises-strategy-price-target-to-680-forecasts-155k-bitcoin-by-year-end\/"},"modified":"2025-07-14T22:20:34","modified_gmt":"2025-07-14T22:20:34","slug":"td-cowen-raises-strategy-price-target-to-680-forecasts-155k-bitcoin-by-year-end","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/07\/14\/td-cowen-raises-strategy-price-target-to-680-forecasts-155k-bitcoin-by-year-end\/","title":{"rendered":"TD Cowen Raises Strategy Price Target to $680, Forecasts $155K Bitcoin by Year-End"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

TD Cowen Raises Strategy Price Target to $680, Forecasts $155K Bitcoin by Year-End<\/a><\/p>\n

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TD Cowen has raised its price target for Strategy\u2019s stock from $590 to $680 per share, citing the company\u2019s deepening role as a Bitcoin proxy and forecasting a potential surge in BTC prices<\/a> to $155,000 by December.\u00a0<\/p>\n

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JUST IN: $14.5 billion TD Cowen predicts Bitcoin to hit $155,000 and Michael Saylor’s $MSTR<\/a> to hit $680 per share. pic.twitter.com\/gPYSUWLGFb<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) July 14, 2025<\/a>\n<\/p><\/div>\n

The research report<\/a> from today sets a base-case target of $128,000 for Bitcoin by year-end, with a downside scenario of $55,000. However, the firm\u2019s upside forecast of $155,000 for Bitcoin could significantly lift Strategy\u2019s share price. The company is the world\u2019s largest corporate holder of BTC<\/a>, and its stock has historically tracked closely with Bitcoin\u2019s performance.\u00a0<\/p>\n

Strategy purchased<\/a> an additional 4,225 BTC today for $472.5 million at an average price of $111,827 per coin, according to a filing on July 14. This brings its total holdings to 601,550 BTC, currently worth approximately $73 billion at spot prices around $121,500.\u00a0<\/p>\n

\u201cWhat started as a defensive strategy to protect the value of its reserve assets has become an opportunistic strategy intended to accelerate the creation of shareholder value,\u201d TD Cowen\u2019s analysts wrote. \u201cStrategy intends to continue acquiring and holding Bitcoins via proceeds of debt and equity offerings.\u201d<\/p>\n

The firm expects Strategy to raise $84 billion through its \u201c42\/42\u201d plan\u2014an equal mix of debt and equity\u2014to continue acquiring Bitcoin, potentially growing its total holdings to 900,000 BTC by the end of 2027.\u00a0<\/p>\n

At the time of publication, Strategy\u2019s shares were trading at $448.20, up nearly 3% on the day, reflecting investor enthusiasm following the bullish report.<\/p>\n

TD Cowen also initiated new \u201cbuy\u201d ratings on Strategy\u2019s trio of preferred shares, highlighting their \u201ccompelling income and price appreciation potential with less expected volatility than the common shares or underlying Bitcoin.\u201d\u00a0<\/p>\n

TD Cowen first highlighted Strategy\u2019s Bitcoin strategy back in 2023<\/a>, calling it a \u201cparadigm shift.\u201d At the time, the firm noted that Strategy was using cash from its software business to buy Bitcoin as a long-term move to protect against dollar inflation. They believed Bitcoin\u2019s limited supply made it a stronger store of value than fiat or gold, and saw Strategy as a smart way for investors to gain Bitcoin exposure. Today\u2019s updated report\u2014with a higher price target and a $155,000 upside forecast for Bitcoin\u2014shows that TD Cowen\u2019s long-term confidence hasn\u2019t changed.\u00a0<\/p>\n

As institutional adoption accelerates, Strategy\u2019s Bitcoin acquisition strategy<\/a> has become a model for corporate treasuries. The company\u2019s total Bitcoin investment of $29.27 billion now reflects significant unrealized gains, with a cost basis of $71,268 per BTC .<\/p>\n

The report and Strategy\u2019s latest purchase came the same day Bitcoin hit a new all-time high<\/a>, surpassing $123,000\u2014showing the growth and adoption of Bitcoin.\u00a0<\/p>\n\n

This post TD Cowen Raises Strategy Price Target to $680, Forecasts $155K Bitcoin by Year-End<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Jenna Montgomery<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine TD Cowen Raises Strategy Price Target to $680, Forecasts $155K Bitcoin by Year-End TD Cowen has raised its price target for Strategy\u2019s stock from $590 to $680 per share, citing the company\u2019s deepening role as a Bitcoin proxy and forecasting a potential surge in BTC prices to $155,000 by December.\u00a0 JUST IN: $14.5 […]<\/p>\n","protected":false},"author":0,"featured_media":4206,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-4205","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=4205"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/4206"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=4205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=4205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=4205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}