TD Cowen: Bitcoin to Hit $132,750 by 2028, Strategy, Strive Could Outperform
Bitcoin may reach $132,750 by 2027 and $275,000 by 2029; well-run BTC treasury firms could outperform Bitcoin by ~50%.
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Dow Jones index gained around 350 points on Friday. MARA Holdings Inc (NASDAQ: MARA) rose sharply, while Bitcoin (CRYPTO: BTC) also traded higher. Other stocks recording gains include Evolution Metals (NASDAQ: EMAT), TRON (NASDAQ: TRON), Bakkt (NYSE: BKKT), Rezolute (NASDAQ: RZLT), Gemini Space Station (NASDAQ: GEMI), Robinhood Markets (NASDAQ: HOOD), Strive (NASDAQ: ASST), Moderna (NASDAQ: MRNA), Coinbase Global (NASDAQ: COIN), Bitdeer Technologies (NASDAQ: BTDR), and Circle Internet Group (NYSE: CRCL).
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Bitcoin may reach $132,750 by 2027 and $275,000 by 2029; well-run BTC treasury firms could outperform Bitcoin by ~50%.
Strategy buys 334 Bitcoin for $28.7 million as rival Strive adds 2,000 BTC, while MSTR volatility remains more than double Bitcoin’s.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1920406/000162828026064753/asst-20261005.htm
Strive Inc. CEO Matt Cole hinted on Sunday, October 4, that the company may report more Bitcoin purchases.
Joseph Chee, CEO and Chairman of Solana Company, said on Tuesday, October 6, that China is "closely" monitoring cryptocurrency and blockchains, while continuing to have reservations about how the technology is used.
U.S. stock futures were lower on Wednesday, as the Dow Jones, S&P 500 and Nasdaq 100 indices fell, following Tuesday's higher close.