Search results for Lance Vitanza
Crypto
TD Cowen sees bitcoin shifting from asset to capital markets, $132,000 by 2027
Institutional investors are shifting their approach to bitcoin from simple spot holdings to broader capital markets strategies that use common and preferred shares, bonds and income products, TD Cowen managing director Lance Vitanza said. He said investor focus has moved from whether to hold bitcoin to how to structure holdings, and that capital structure and funding capacity matter. He also cited a 2027 bitcoin price view of $132,000.
Crypto
AI could drive wider bitcoin adoption, Nakamoto Holdings CEO says convenience is key
A view has emerged that artificial intelligence could help expand bitcoin adoption. David Bailey, CEO and board chairman of bitcoin treasury firm Nakamoto Holdings, said the main barrier to bitcoin’s spread has been user interfaces rather than the asset itself. He said tools such as wallets and private keys have hindered access for years, and AI could conceal complexity. Analysts called the idea speculative but notable, and Bailey said institutional adoption is still early.
Crypto
TD Cowen cuts bitcoin year-end price target to $97,500
Investment bank TD Cowen cut its year-end bitcoin price target to $97,500 from the $140,000 range, reflecting recent price weakness. The new target assumes bitcoin, trading around $78,000, can rise about 25% by year-end. Analyst Lance Vitanza said the revision reflects price action rather than deteriorating company fundamentals or market structure, and cited regulatory clarity and broader index inclusion as supportive factors.
