Wall Street investment bank Cantor Fitzgerald lowered its price target for Strategy. According to Walter Bloomberg, Cantor Fitzgerald lowered Strategy's price target from $212 to $186 but maintained its Overweight rating. Cantor presented more conservative assumptions, lowering its Bitcoin price forecast from $111,000 to $98,000, but still positively assessed Strategy's long-term outlook. Cantor projected that the STRC par value would recover and that Strategy would continue to expand its Bitcoin holdings through the issuance of credit bonds.
