Kyle Baird
hace 2d
Strategy Receives B- Credit Rating from S&P; TD Cowen Sets $620 Price Target
S&P Global Ratings assigned Strategy Inc. a B-minus issuer credit rating with stable outlook, citing the bitcoin-holding firm's balance sheet concentration and structural currency mismatch. TD Cowen maintained its Buy rating with a $620 price target, projecting potential 114% upside. The firm estimates Strategy could accumulate approximately 900,000 BTC by 2027, representing over 4% of total bitcoin supply.