Wall Street analysts are optimistic about Strategy's $84 billion bitcoin expansion "42\u002F42 plan"
Online reports that Wall Street analysts expressed support for Strategy's US$84 billion Bitcoin expansion "42/42 plan". Benchmark and TD Cowen analysts reiterated their buy rating on the company and believed that its capital raising strategy is feasible. Among them: 1. Benchmark analyst Mark Palmer believes that Strategy has demonstrated its first-mover advantage in Bitcoin accumulation and has the ability to accelerate acquisitions, raising the company's target price to US$650; 2. TD Cowen analyst Lance Vitanza believes that Strategy's US$111 billion market value and strong trading liquidity enhance the credibility of the new financing plan, raising the company's target price to US$550. In addition, the two analysts also expressed appreciation for Strategy's decision to increase bitcoin-related performance targets, including raising its 2025 BTC yield target from 15% to 25%, and raising its BTC yield target from $10 billion to $15 billion.
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