🔗 Crypto & Blockchain

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.

TD Cowen analyst report highlighting Strategy price target cut and Sharplink buy rating

⚡ 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
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Originally reported by Decrypt

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