CryptoBullishBitcoin Magazine · 7h ago7/10
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TD Cowen Initiates Coverage on Bitcoin Treasury Companies, Frames PBTC Sector as Investable Equity Category
TD Cowen has initiated coverage on three public Bitcoin treasury companies and classified the sector as a legitimate investable equity category. The firm simultaneously issued a price target of approximately $140,000 for Bitcoin in 2026, signaling institutional confidence in both the asset and the emerging corporate treasury strategy.
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