Strategy shareholders face dilution drag despite brighter bitcoin forecasts, TD Cowen says

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TD Cowen maintained its $260 price target on Strategy (MSTR). The company faces a dilution effect that weighs on its shareholders despite more optimistic bitcoin forecasts. This dilution limits the benefit that investors could draw from a rise in bitcoin’s price. The analysts believe the dilution mechanism partially offsets the positive impact of bitcoin appreciation on the company’s valuation.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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