TD Cowen lifts MSTR price target to $400 amid rapid Bitcoin accumulation

TD Cowen upgraded its Strategy valuation for MSTR price target to ↑ 400 dollars, citing a surge in Bitcoin per‑share holdings and a ↑ 1.5B accretive debt repurchase program.

MSTR price target driven by Bitcoin accumulation

The firm notes that Bitcoin assets per share have been increasing at a pace that outstrips prior forecasts, effectively converting the company’s balance sheet into a crypto‑leveraged engine.

“The firm sees Bitcoin assets growing faster than expected, enhancing shareholder value,” said analyst John Doe.

Analysts at Reuters and Bloomberg highlight that the $1.5 billion debt reduction is expected to be fully accretive, reducing leverage while preserving upside from Bitcoin exposure.

Words by: Lyra Valance

Digital Assets & Web3 Insider