TD Cowen Investment Firm predicts that Bitcoin could reach approximately $140k this year


They view Bitcoin as a long-term store of value, positioning it as "digital gold"
TD Cowen also issues "buy" recommendations for companies holding Bitcoin such as Nakamoto Holdings, Strive, and for companies holding Ethereum like Sharplink
The firm expects that reforms in 2026 will come from regulatory actions, such as SEC exemptions, driving tokenization and expanding access to the banking system, rather than broad legislation.
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