Investment bank TD Cowen raised the target stock price of Strategy from $590 to $680.

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On July 15, investment bank TD Cowen raised the target stock price for Strategy from $590 to $680 and predicted that Bitcoin could reach $155,000 by December this year. Strategy currently holds the most Bitcoin among publicly traded companies, and after recently acquiring $472.5 million in Bitcoin, its total holdings have reached 601,550 BTC. The bank's benchmark price prediction for Bitcoin is $128,000, with the most pessimistic expectation being $55,000. Strategy plans to raise $84 billion for further Bitcoin purchases, expecting to hold up to 900,000 BTC by 2027. TD Cowen recommends that investors consider Strategy's preferred shares for income and to reduce fluctuation risk.

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