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TD Cowen predicts Bitcoin will rise to $140k by the end of 2026
ME News Report, April 11 (UTC+8), investment bank TD Cowen released its latest research report, predicting that Bitcoin will rise to approximately $140k by the end of 2026 and continue to be regarded as a long-term store of value asset, positioned as “digital gold.” The firm launched its first official stock research coverage on Bitcoin reserve concept stocks this week, defining them as an independent and “investable stock category,” distinct from spot Bitcoin ETFs and traditional tech stocks. Additionally, the Strategy target price was lowered from $440 to $350, but the buy rating was maintained. (Source: MLion)