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TL;DR: TD Cowen reportedly raised its Strive share-price target from $44 to $56 after the Bitcoin treasury company expanded its holdings to 35,595 BTC. Strive is also seeking financing through a substantial preferred-share offering.Bitcoin treasury company Strive is attracting fresh attention from…
Strive SATS pays a fixed 15% to fund more Bitcoin buys while Strategy retires its 12% STRC. Here is what the new preferred costs and who pays for it.
TD Cowen increased its price target on Strive, Inc. (NASDAQ:ASST) by about 27 percent, from $44 to $56, while retaining a Buy rating. Analysts Lance Vitanza