TD Cowen analyst Lance Vitanza cuts his MicroStrategy price target from $400 to $260 but keeps his Buy rating, citing updated Bitcoin price assumptions.

Strategy Inc.'s enterprise value has fallen below its Bitcoin holdings for the first time in years, with shares down 85% from their 2024 peak as crypto

TD Cowen analyst Lance Vitanza cuts his MicroStrategy price target from $400 to $260 but keeps his Buy rating, citing updated Bitcoin price assumptions.