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Analyst predicts 214% surge for battered stock
Key takeaways
- This week, the company went right back to buying.
- TD Cowen's Lance Vitanza believes Strategy's latest Bitcoin purchase confirms that its recent sales were tactical, not a retreat from its long-term accumulation plan.
- Related: Exclusive: Cathie Wood's Ark Invest reveals the cost of mega IPOs
Analyst predicts 214% surge for battered stock The Street · Getty Pooja Rajkumari Tue, June 9, 2026 at 11:38 PM GMT+7 2 min read MSTR BTC-USD A week ago, a tiny Bitcoin (BTC) sale by Strategy (NASDAQ: MSTR) had investors bracing for a change of heart.
This week, the company went right back to buying. One analyst says that's exactly the point.
TD Cowen's Lance Vitanza believes Strategy's latest Bitcoin purchase confirms that its recent sales were tactical, not a retreat from its long-term accumulation plan.
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