TD Cowen Raises Bitcoin Price Forecast: $109K by Year-End, $280K by 2029

Odaily News: Investment bank TD Cowen has raised its Bitcoin price forecast, projecting that Bitcoin will reach approximately $109,000 by the end of 2026 and rise to $280,000 by 2029.

Meanwhile, TD Cowen maintained its $260 price target for Strategy (MSTR) unchanged. The firm noted that while higher Bitcoin prices would increase the value of Strategy's BTC holdings, shareholder gains for MSTR would be limited due to equity dilution factors. (The Block)