TD Cowen raised its Strategy MSTR price target to $400, noting accelerating BTC per share growth and $1.5B in accretive debt repurchases.

Strategy said Monday it acquired an additional 24,869 bitcoin for approximately $2.01 billion.

TD Cowen raised its Strategy MSTR price target to $400, noting accelerating BTC per share growth and $1.5B in accretive debt repurchases.