TechFlow news, November 11 — According to The Block, TD Cowen analysts expect that the $715 million raised by Strategy through its initial issuance of euro-denominated preferred shares (STRE) will be used to purchase approximately 6,720 bitcoins at an average price of around $104,500. The company currently holds 641,692 bitcoins (worth about $67 billion) and continues expanding its bitcoin reserves through various preferred share financing models. Analysts maintain their baseline year-end bitcoin price forecast at $141,277, with an optimistic scenario of $160,000 and a pessimistic scenario of $60,000. Strategy expects its bitcoin yield to approach its annual target of nearly 30% in 2025.
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