Strive’s Bitcoin Holdings Reach 35,595 as TD Cowen Raises Target
Photo: TokenPost
Strive’s Bitcoin (BTC) holdings rose to 35,595 after two weeks of purchases exceeded TD Cowen’s prior estimate for the full quarter, leading the firm’s analysts to raise their share-price target to $56 from $44. TD Cowen analysts Lance Vitanza and Jonnathan Navarrete made the target change as Strive’s buying accelerated. Strive bought 3,311 BTC on Oct. 13 and made a 2,822-Bitcoin purchase the next day . Holdings rose from 28,000 BTC at the end of September to 35,595 BTC, worth about $2.9 billion at the latest prices and ranking Strive fourth among publicly traded corporate Bitcoin holders.
Source: TokenPost
