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Crypto

Strategy that had been buying bitcoin now sells as Wall Street cuts MSTR price targets

Wall Street is rapidly pulling back confidence in Strategy\'s highly leveraged bitcoin accumulation strategy. Canaccord Genuity cut its price target on MSTR to $130 from $163 and warned the company’s bitcoin acquisition structure is vulnerable in a downturn. TD Cowen also cut its target to $260 from $400 while keeping a buy rating. Strategy approved selling up to $3.25 billion of bitcoin to raise cash, fund dividends and buy back shares.

Crypto

Bitcoin retirement strategy re-emerges; 2 to 5 BTC seen needed around 2030

An analysis said 2 to 5 bitcoin may be needed to fund retirement around 2030, depending on price scenarios and withdrawal rates. BeInCrypto reported that institutional participation is boosting optimism but volatility risks remain. VanEck outlined a base scenario of $1 million by 2031, while other forecasts ranged from $120,000 to $250,000 by end-2026. Models using 4 percent and 6 to 8 percent withdrawal rates produced differing BTC requirements.

Crypto

Bitcoin has 77 percent chance of new high within a year if past pattern repeats

Bitcoin has a 77 percent chance of setting a new record high within a year if its current pattern matches past moves, an analysis said. Network economist Timothy Peterson reviewed instances when Bitcoin recovered from a 50 percent drop to a 35 percent drop and found that 7 of 9 cases were followed by a new all-time high within a year. Market optimism has also continued this month, including a $160,000 per-coin estimate from VanEck’s Matthew Sigel.