🔗 Crypto & Blockchain

TD Cowen Trims Strategy Target but Doubles Down on Ethereum's Sharplink Bet

TD Cowen isn't backing off crypto treasuries. They're trimming Strategy's Bitcoin-fueled target yet slapping 'buy' on Ethereum player Sharplink, betting staking crushes ETF yields.

TD Cowen analyst report highlighting Strategy and Sharplink buy ratings

⚡ Key Takeaways

  • TD Cowen cuts Strategy price target to $350 but reaffirms 'buy' on $55B Bitcoin holdings. 𝕏
  • New 'buy' on Sharplink at $16 target; staking yields beat ETFs and cover costs in downturns. 𝕏
  • Sharplink grows ETH via staking; echoes gold miners' yield buffer in slumps. 𝕏
Published by

Fintech Dose

Markets. Money. Innovation.

Worth sharing?

Get the best Fintech stories of the week in your inbox — no noise, no spam.

Originally reported by Decrypt

Stay in the loop

The week's most important stories from Fintech Dose, delivered once a week.