- TD Cowen predicts Bitcoin at $155,000 by year-end 2025.
- Strategy expands Bitcoin holdings to 601,550 BTC.
- Increased market activity as Bitcoin reaches new highs.
TD Cowen, a major investment bank managing $14.5 billion in assets, has issued a bullish note, predicting Bitcoin to reach $155,000 by year-end 2025. Strategy, led by Michael Saylor, recently expanded its Bitcoin holdings.
Boyish Price Target for Bitcoin
TD Cowen has set a bullish price target for Bitcoin, anticipating a potential value of $155,000 by the end of 2025. Strategy, known previously as MicroStrategy, has recently increased its Bitcoin reserves to 601,550 BTC. The firm, led by CEO Michael Saylor, continues to acquire Bitcoin as a financial strategy to provide shareholder value.
Following these actions, market activities have surged, including a notable volume spike of $180 billion in Bitcoin trades. This upswing reflects increased participation from institutional and retail investors. The ongoing acquisition by Strategy illustrates a keen interest in integrating Bitcoin into corporate treasury strategies, promoting institutional adoption.
“What started as a defensive strategy to protect the value of its reserve assets has become an opportunistic strategy intended to accelerate the creation of shareholder value. Strategy intends to continue acquiring and holding Bitcoins via proceeds of debt and equity offerings.” – TD Cowen, Analyst, Investment Bank
The firm’s “42/42” plan aims to raise $84 billion for acquiring up to 900,000 BTC by 2027. This approach redefines corporate financial strategies by using Bitcoin to enhance asset values and shareholder returns. Michael Saylor has been vocal about Bitcoin’s role in corporate treasuries, bolstering institutional interest in the asset. The predicted price movement and market activity suggest Bitcoin’s growing acceptance among investors and institutions, potentially reshaping financial strategies in the coming years.
