TD Cowen cuts its Strategy target to $260 from $400 after slashing its year-end Bitcoin forecast to $100,000.

Strategy raises STRC's yield to 12% and skips a Bitcoin purchase for the first time in weeks as MSTR breaks below $100 support.

Strategy (MSTR) shares surged 14% at times on Monday after the company unveiled a sweeping capital overhaul, leading a broad rally in bitcoin-linked stocks despite Bitcoin…