TD Slashes Strategy Target, Goes All-In on Ethereum's Sharplink
TD Cowen just trimmed its price target for Bitcoin behemoth Strategy — but don't count them out on crypto treasuries. They're slapping a fresh 'buy' on Ethereum-focused Sharplink, betting staking crushes costs even in a slump.
theAIcatchupApr 09, 20264 min read
⚡ Key Takeaways
TD Cowen keeps 'buy' on Strategy despite $350 target cut from $440, citing BTC dominance.𝕏
New 'buy' on Sharplink at $16 target; staking yields cover costs even in ETH slump.𝕏
Sharplink's edge: superior yields vs. ETH ETFs, positioning as ETH treasury innovator.𝕏
The 60-Second TL;DR
TD Cowen keeps 'buy' on Strategy despite $350 target cut from $440, citing BTC dominance.
New 'buy' on Sharplink at $16 target; staking yields cover costs even in ETH slump.
Sharplink's edge: superior yields vs. ETH ETFs, positioning as ETH treasury innovator.