TD Cowen maintains its base case forecast that Bitcoin will exceed $140,000 by the end of the year.

Odaily Planet Daily reports that TD Cowen reiterated its overall outlook for Bitcoin at the end of the year, maintaining its base forecast of $141,277 for the price of Bitcoin on December 31st, while also presenting more extreme upside scenarios ($160,000) and downside scenarios ($60,000). Furthermore, TD Cowen expects Strategy Inc. to add 6,720 Bitcoins to its corporate treasury following the issuance of its first euro-denominated preferred stock, STRE (valued at €620 million, approximately $715 million).