News

Foresight News reported, according to Barron's, TD Cowen analyst Lance Vitanza stated that although Strategy's stock price has dropped 30% this year, the company is capable of withstanding a deeper bitcoin crash. Lance Vitanza maintained a "Buy" rating on Strategy, with a target price of $440. He pointed out that Strategy holds $2.25 billion in cash reserves, enough to cover nearly 17 months of approximately $900 million in fixed expenses, and can cover the potential redemption of $1 billion in convertible bonds due in September 2027. This financial position is not affected by bitcoin price fluctuations. In addition, TD Cowen predicts that bitcoin prices will eventually rebound and are expected to reach a new all-time high in the third quarter of 2026.

Nasdaq-listed company Upexi announced that it has reached an agreement with an institutional investor to issue 6,337,000 shares of common stock and warrants at a price of $1.17 per share, raising $7.4 million. The proceeds will be used for working capital, general corporate purposes, and expanding its SOL token investment strategy. AGP/Alliance Global Partners acted as the sole placement agent for this offering.

ChainCatcher News, according to Golden Ten Data, Chris Turner from ING stated in a report that if the upcoming US economic data shows weakness, the US dollar may face downward pressure. The preliminary value of the University of Michigan Consumer Sentiment Index for February will be released tonight at 23:00 (GMT+8). Turner noted that if this data unexpectedly declines, it could be slightly bearish for the US dollar, as it would once again remind the market that consumer confidence is to some extent dependent on stock market performance.