Analysts at TD Cowen believe shares in Bitcoin-buying Strategy behemoth could jump more than 139% in the next 12 months.

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

Michael Saylor said the average purchase price of this latest addition to Strategy's treasure was just under $81,000 per BTC. The company now holds 843,738 bitcoin worth almost…

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

Analysts at TD Cowen believe shares in Bitcoin-buying Strategy behemoth could jump more than 139% in the next 12 months.

TD Cowen has raised its price target on Strategy (MSTR) to $400, pointing to its strong bitcoin accumulation and shift in financing strategy.

TD Cowen analyst Lance Vitanza raised Strategy Inc.'s price target to $400, citing accelerated Bitcoin purchases and accretive capital structure.