大行评级丨Cantor Fitzgerald：大幅下调Strategy目标价至229美元 仍看多比特币

Core Viewpoint - Cantor Fitzgerald has significantly lowered the target price for Strategy from $560 to $229 while maintaining an "Overweight" rating, indicating a strong belief in the company's potential despite the price adjustment [1] Company Analysis - Analysts Brett Knoblauch and Gareth Garcetta emphasize that the future performance of Strategy's stock will largely depend on Bitcoin [1] - The firm maintains a bullish outlook on Bitcoin, believing it will become a global reserve asset [1] Market Context - The recent decline in Bitcoin prices is viewed as a healthy correction rather than the onset of a "crypto winter" [1] - Following similar sell-offs in the current cycle, Bitcoin still has the potential to reach new highs [1]