Strategy's Resilience Amid Bitcoin Price Fluctuations

On February 6, TD Cowen analyst Lance Vitanza expressed confidence in Strategy's ability to withstand further declines in Bitcoin prices, despite a 30% drop in its stock value this year. According to BlockBeats, Vitanza maintains a 'buy' rating for Strategy, setting a target price of $440. He highlighted that Strategy possesses $2.25 billion in cash reserves, which is sufficient to cover approximately $900 million in fixed expenses for nearly 17 months and to address the potential redemption of $1 billion in convertible bonds due in September 2027. This financial stability is reportedly unaffected by Bitcoin's price volatility. Furthermore, TD Cowen forecasts that Bitcoin prices will eventually recover, potentially reaching an all-time high by the third quarter of 2026.