Analysts back Strategy’s cash buildup as Saylor shifts from ‘100% bitcoin’ approach

The Block·

Analysts back Strategy’s cash buildup as Saylor shifts from ‘100% bitcoin’ approach

60-second summary

Analysts TD Cowen and Benchmark reaffirm their buy rating on Strategy after the company's $8.2 billion Q2 loss and a corporate STRC-to-par push, which suggests a shift from its previous '100% bitcoin' approach led by CEO Michael Saylor.

TD Cowen and Benchmark reiterated buy on Strategy after an $8.2 billion Q2 loss and a corporate STRC-to-par push.