Finance
KBW Initiates Strategy Coverage With Outperform Rating for Enhanced Bitcoin Exposure
KBW has started coverage of Strategy with a positive rating, emphasizing its potential for Bitcoin investment opportunities.
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KBW has started coverage of Strategy with a positive rating, emphasizing its potential for Bitcoin investment opportunities.
BlackRock's ownership of Strategy has risen to 5%, reflecting a strong performance in pre-market trading.
BlackRock plans to launch its first Bitcoin-linked exchange-traded product (ETP) in Europe by February 2025, while raising its stake in Strategy to 5%.
Strategy highlights its upcoming Nasdaq listing for its convertible preferred stock, alongside new performance targets for Bitcoin.
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