Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

TD Cowen cuts Strategy (MSTR) price target to $260, citing bearish Bitcoin outlook but keeps Buy rating with 200% upside potential.

Market News
30 Jun 2026
Blockonomi
View Source
Neutral
pluang ai news

TD Cowen lowered its price target for Strategy (MSTR) stock from $400 to $260 due to a more cautious Bitcoin price forecast, though it maintained a Buy rating. The price cut followed Strategy's announcement of a Digital Credit Capital Framework, which includes suspending Bitcoin purchases and selling $1.15 billion in MSTR shares. This framework aims to improve liquidity, preserve long-term Bitcoin exposure, and support value creation. Despite criticism from crypto leaders over Bitcoin sales, TD Cowen still sees about 200% upside potential for MSTR shares, reflecting confidence in the company's growth prospects amid its new financial strategy.

More News

Cause + Effect Strategy and StackAI partner to deliver AI-driven business transformation with measurable results.

Cause + Effect Strategy and StackAI partner to deliver AI-driven business transformation with measurable results.

Cause + Effect Strategy (CES) and StackAI have formed a strategic partnership to help mid-market and enterprise organizations implement AI solutions that deliver real business outcomes. CES brings expertise in data strategy and analytics infrastructu...

Others
Bullish
2 hours ago
Aikido Security acquires Root to enhance AI-driven open source vulnerability patching without upgrades.

Aikido Security acquires Root to enhance AI-driven open source vulnerability patching without upgrades.

Aikido Security has acquired Root to improve the security of open source software by enabling AI agents to research, patch, and test vulnerabilities without forcing teams to upgrade or migrate. This approach addresses the growing threat of supply cha...

Company Fundamentals
Bullish
2 hours ago
Nutanix grants $250K to NCSSM for expanding computer science education statewide in North Carolina.

Nutanix grants $250K to NCSSM for expanding computer science education statewide in North Carolina.

Nutanix has donated $250,000 to the North Carolina School of Science and Mathematics (NCSSM) to establish an endowed professorship aimed at expanding computer science education across North Carolina. This funding supports teacher training and open-so...

Others
Bullish
3 hours ago
Wetour Robotics demos wristband turning muscle signals into real-time 3D hand digital twins and gesture-to-text commands.

Wetour Robotics demos wristband turning muscle signals into real-time 3D hand digital twins and gesture-to-text commands.

Wetour Robotics has demonstrated its Conductor neural wristband that converts wrist muscle signals into a real-time 3D digital twin of the hand and translates hand gestures into text commands without cameras or gloves. This technology, built on Meta'...

Market News
Bullish
3 hours ago
DLP Capital secures $118M refinancing for 605-unit Houston multifamily portfolio, cutting costs and boosting cash flow.

DLP Capital secures $118M refinancing for 605-unit Houston multifamily portfolio, cutting costs and boosting cash flow.

DLP Real Estate Capital closed a $118 million refinancing deal for its Houston multifamily portfolio, which includes 605 units across two communities: Elan Memorial and City Park in the Heights. The new floating-rate loan has a 36-month term with ext...

Company Fundamentals
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App