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Strategy Faces ‘Dilution Drag’ as TD Cowen Raises Bitcoin Forecast to $109,000

Oct 9, 2026 · 01:30 PM ET· updated 1h ago
Strategy Faces ‘Dilution Drag’ as TD Cowen Raises Bitcoin Forecast to $109,000

TD Cowen lifts its Bitcoin forecast to $109,000 but keeps its Strategy price target at $260 on dilution concerns.

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Why It Matters

An expert group raised their Bitcoin price guess to $109,000. They still worry that Strategy stock might get weaker from share dilution, or watering down ownership.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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