TechFlame reports that TD Cowen has reaffirmed its overall year-end outlook for Bitcoin, maintaining a baseline price target of $141,277 while outlining more extreme scenarios—an upside of $160,000 and a downside of $60,000. Additionally, TD Cowen anticipates that following Strategy’s issuance of its first euro-denominated preferred shares, STRE (valued at €620 million, approximately $715 million), the company will be able to add 6,720 bitcoins to its Bitcoin treasury. TD Cowen also assigned a Buy rating and price target to Strategy’s newly issued STRE euro-denominated shares and STRC shares, while reiterating its Buy ratings on Strategy’s existing STRF, STRK, and STRD share classes.