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TD Cowen raises Strive's price target 27% on strong bitcoin buying and preferred share offering.

Analyst Insights
17 Oct 2026
CrowdFundInsider
View Source
Bullish
TD Cowen raises Strive's price target 27% on strong bitcoin buying and preferred share offering.

TD Cowen increased its price target for Strive, Inc. by 27%, citing the company's rapid bitcoin accumulation which surpassed expectations for the entire quarter. Strive's bitcoin holdings grew to about 35,595 BTC, valued near $2.9 billion, placing it fourth among public companies by bitcoin treasury size. The company financed these purchases mainly through preferred equity, avoiding debt, and recently expanded its preferred share offering to raise approximately $630 million for further bitcoin buys and corporate needs. This strategy supports bitcoin-per-share growth and limits dilution for shareholders, with market watchers keen to see if the accelerated buying continues after the October 20 settlement of the offering.

Strive's recent bitcoin accumulation is notable context for readers. On Pluang, as of Oct 18, 2026 00:41 WIB, 9 of 50 major cryptocurrencies rose while 40 fell. Among movers, CAKE rose 4.83% to Rp40.085 with a typical hold time of 75 days, ONE fell 4.89% to Rp26 with a 152-day hold time, and YFI declined 4.17% to Rp39.414.264 with a 93-day hold time and 100% buy order activity.

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