The Block·Kyle Baird·2h ago

TD Cowen cuts David Bailey’s Nakamoto target 58% after bitcoin outlook reset

The firm updated its valuation for David Bailey-led Nakamoto, citing pressure from BTC's decline on the company's capital structure.

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💬 Discussion: TD Cowen cuts David Bailey’s Nakamoto target 58% after bitcoin outlook reset The firm updated its valuation for David Bailey-led Nakamoto, citing pressure from BTC's decline on the company's capital structure.

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