TD Cowen’s Lance Vitanza: BTC to $132k in 2027 & MSTR Price Outlook

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TD Cowen analyst Lance Vitanza forecasts Bitcoin at $132,000 in 2027 and provides a separate outlook for MicroStrategy (MSTR), whose valuation is closely tied to its large Bitcoin holdings. The projection signals a bullish long-term view, but it is an analyst forecast, not a consensus estimate or guaranteed outcome. Bitcoin’s price path will remain a key driver of MSTR’s performance.

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