[TD Cowen Predicts Strategy Will Increase Holdings by 6,720 Bitcoins Through STRE Financing] According to a report by Golden Finance, TD Cowen analysts predict that Strategy will use the $715 million raised through the initial issuance of euro-denominated preferred shares (STRE) to purchase approximately 6,720 bitcoins at an average price of around $104,500. The company currently holds 641,692 bitcoins (approximately $67 billion) and continues to expand its bitcoin reserves through various preferred share financing models. Analysts maintain a year-end benchmark price prediction for bitcoin at $141,277, while setting an optimistic scenario at $160,000 and a pessimistic scenario at $60,000. Strategy expects bitcoin's yield to approach its annual target of 30% by 2025.