X @The Block
RT Yogita Khatri (@Yogita_Khatri5).@saylor’s @Strategy can withstand even a “prolonged crypto winter,” TD Cowen says.Strategy today said it has boosted its USD reserve to $2.19 billion, a move TD said improves liquidity and financial flexibility even if bitcoin volatility persists.“Concerns around the viability of Strategy’s balance sheet are overblown, in our opinion,” TD wrote.The firm reiterated its buy rating, maintaining a $500 price target over the next 12 months. ...