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BlockBeats News, July 31st, TD Cowen reiterated its "Buy" rating on Strategy with a target price of $260, stating that the company's management has now clearly prioritized driving the STRC preferred stock price back to par value.
Prior to this, Strategy recorded an $8.2 billion loss in the second quarter; at a time when the company is building up its cash reserves, it has not purchased Bitcoin for the fifth consecutive week.
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