TD Cowen gave Strategy a “buy-in” rating and a target price of $260

On 31 July, TD Cowen reiterated the “buy-in” rating for Strategy and the target price of $260, noting that the return of the STRC priority shares was now a clear priority for management. Previously, the company recorded a loss of $8.2 billion in the second quarter and, in the process of accumulating cash reserves, it had not performed a bitcoin purchase operation for five consecutive weeks。