{"id":80289,"date":"2026-04-10T19:01:32","date_gmt":"2026-04-10T19:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=80289"},"modified":"2026-04-10T19:01:32","modified_gmt":"2026-04-10T19:01:32","slug":"strategy-target-slashed-to-350-but-watch-these-four-crypto-treasury-stocks-td-cowen-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=80289","title":{"rendered":"Strategy Target Slashed To $350, But Watch These Four Crypto Treasury Stocks, TD Cowen Says"},"content":{"rendered":"<div>\n<p><strong>TD Cowen<\/strong> slashed its <strong>Strategy<\/strong> <a class=\"ticker-link\" data-ticker=\"MSTR\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\">MSTR<\/a>) price target 20.5% to $350 from $440 while launching buy ratings on four crypto treasury firms as <strong>Bitcoin <\/strong><a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) tapped $73,000 on Friday.<\/p>\n<h3 class=\"wp-block-heading\">The Strategy Cut<\/h3>\n<p>Analysts <strong>Lance Vitanza<\/strong> and <strong>Jonathan Navarrete<\/strong> attributed the revised target to a \u201clower bitcoin price deck\u201d and a reduction in the valuation multiple applied to the company\u2019s projected bitcoin gains, The Block <a href=\"https:\/\/www.theblock.co\/post\/396989\/td-cowen-cuts-strategy-price-target-sharplink-strive-nakamoto-smarter-web-buy-ratings\">reported <\/a>on Friday.<\/p>\n<p>The analysts project Strategy\u2019s \u201cBTC gain\u201d at $7.87 billion for fiscal year 2026, down from $10.17 billion in 2025. Strategy holds 766,970 BTC acquired at an average price of $75,700 per BTC.<\/p>\n<p>TD Cowen\u2019s base case assumes Bitcoin reaches $140,000 by December 2026, with the company acquiring about $5 billion in Bitcoin per quarter.<\/p>\n<h3 class=\"wp-block-heading\">The Four Buy Initiations<\/h3>\n<p>TD Cowen initiated coverage of what it called a nascent industry sector, arguing that public Bitcoin and <strong>Ethereum <\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"ETH\" ...><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/04\/51763057\/strategy-target-slashed-to-350-but-watch-these-four-crypto-treasury-stocks-td-cowen-says?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Strategy\" target slashed to but watch these four crypto treasury stocks td cowen says>Full story available on Benzinga.com<\/a><\/p>\n<p><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TD Cowen slashed its Strategy (NASDAQ:MSTR) price target 20.5% to $350 from $440 while launching buy ratings on four crypto treasury firms as Bitcoin (CRYPTO: BTC) tapped $73,000 on Friday. The Strategy Cut Analysts Lance Vitanza and Jonathan Navarrete attributed the revised target to a \u201clower bitcoin price deck\u201d and a reduction in the valuation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-80289","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/80289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80289"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/80289\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}