TD Cowen sees 90% upside for Smarter Web as preferred share plan advances
price
TD Cowen initiated coverage of Smarter Web Company with a bullish outlook, assigning a price target that implies roughly 90% upside as the firm advances a preferred-share financing plan. The company’s strategy centers on raising capital to expand its Bitcoin holdings and related treasury operations. The plan could increase Smarter Web’s Bitcoin exposure and provide additional institutional-market visibility, but execution, dilution, and Bitcoin-price volatility remain key risks.
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