Strive’s bitcoin buying spree earns 27% price target hike from TD Cowen

60-second summary
Strive announces a new funding round to acquire additional bitcoin, prompting TD Cowen to raise its price target by 27 percent as warrant‑related stock pressure eases; the analyst notes the firm’s increased on‑chain exposure could boost investor confidence, while the broader market may see heightened demand for crypto‑linked equities and a modest uplift in Bitcoin’s price trajectory.
Strive plans fresh funding for bitcoin purchases as TD Cowen sees warrant-related stock pressure easing.