Analyst: Bitcoin Q3 Poised for All-Time High, Maintains `Buy' Rating for Strategy Stock

BlockBeats News, February 6th, according to Barron's, TD Cowen analyst Lance Vitanza stated that, despite a 30% decline in Strategy's stock price this year, the company is positioned to withstand a more severe Bitcoin sell-off.

Lance Vitanza maintains a "Buy" rating on Strategy with a target price of $440. He noted that Strategy has a $2.25 billion cash reserve, enough to cover fixed costs of about $900 million for nearly 17 months, and to cover the potential redemption of $1 billion convertible bonds due in September 2027, with its financial situation unaffected by Bitcoin price volatility. In addition, TD Cowen predicts that the Bitcoin price will eventually rebound and is expected to reach a new all-time high in the third quarter of 2026.