TD Cuts Bitcoin Giant Strategy’s Price Target, Calls Ethereum Treasury Sharplink a ‘Buy’
In brief TD Cowen reiterated a “buy” rating for Bitcoin treasury firm Strategy, despite cutting its price target. The company initiated coverage on Ethereum treasury company Sharplink, also calling it a “buy.” Analysts said that Ethereum staking rewards should cover all of Sharplink’s operating costs, even if the price of ETH stays down. TD Cowen…