Investment bank TD Cowen maintains a bullish stance on the digital asset strategy, predicting a price target of $680 by 2027. This forecast estimates that Strategy will accumulate 4.3% of Bitcoin’s total supply (equivalent to 900,000 coins) by then. The bank forecasts Bitcoin’s price to reach an anticipated $232,000. Currently, MSTR is trading at $363 with Bitcoin priced above $116,000. Strategy recently relaxed its equity sale financing restrictions, allowing common stock issuance when the share price falls below 2.5 times its corresponding Bitcoin holdings. This move aims to provide greater flexibility for Strategy in raising funds to further increase its Bitcoin holdings. The decision has sparked market debate with TD Bank analysts highlighting that initial restrictions were defensive in nature but have now shifted towards an opportunistic strategy focused on shareholder value creation.