As per Odaily, TD Cowen has reaffirmed its base case forecast for Bitcoin to reach $141,277 by December 31, 2025. The firm also outlined a more bullish scenario of $160,000 and a bearish scenario of $60,000. Additionally, TD Cowen expects Strategy to add 6,720 Bitcoin to its treasury following the issuance of its first euro-denominated preferred stock STRE, valued at €620 million ($715 million). The firm has assigned a buy rating and price target to both the newly issued STRE and STRC shares, as well as reaffirmed its buy ratings for existing STRF, STRK, and STRD categories.
TD Cowen Maintains Year-End Bitcoin Price Forecast of $141,277
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