TD Cowen raises bitcoin forecast to roughly $109,000 by end-2026, keeps Strategy price target at $260
TD Cowen raised its bitcoin price forecast to roughly $109,000 by year-end 2026 and projects bitcoin will reach $280,000 by 2029, per The Block. The firm left its price target on Strategy (MSTR) unchanged at $260, saying dilution will limit the benefits of a stronger bitcoin price for MSTR shareholders.
TD Cowen raised its bitcoin price forecast to roughly $109,000 by year-end 2026 and projects bitcoin will reach $280,000 by 2029, per The Block. The firm left its price target on Strategy (MSTR) unchanged at $260, saying dilution will limit the benefits of a stronger bitcoin price for MSTR shareholders.
Key facts
- TD Cowen raised its bitcoin price forecast to roughly $109,000 by year-end 2026, per The Block.
- TD Cowen projects bitcoin will reach $280,000 by 2029, per The Block.
- TD Cowen left its price target on Strategy (MSTR) unchanged at $260.
- TD Cowen said dilution will limit the benefits of a stronger bitcoin price for MSTR shareholders.
Sources · 2 sources
- BL
BlockNews@blocknewsdotcomPost on X ·
🚨LATEST: TD Cowen raises its Bitcoin price forecasts to $109,000 by year-end 2026 and $280,000 by 2029. The firm maintains its $260 price target for Strategy $MSTR, warning that shareholder dilution could limit the benefits of a stronger Bitcoin price. https://t.co/wrYrqGo4U0
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: TD Cowen raised its bitcoin forecasts, now projecting roughly $109,000 by year-end 2026 and $280,000 by 2029. It left Strategy’s $260 price target unchanged, however, saying dilution will limit the benefits of a stronger bitcoin:native price for $MSTR shareholders. https://t.co/V3Avtt6q4W
Open source