[TD Cowen: Strategy Stock Has 170% Upside Potential] Odaily Planet Daily reports that TD Cowen analysts stated that despite Strategy's mNAV recently falling below 1 (indicating that its stock is trading below the market value of its Bitcoin holdings) and Bitcoin dropping to a seven-month low, this does not alter its long-term outlook. The firm believes that as the scale of its Bitcoin accumulation model expands, the company still has significant upside potential. Analysts Lance Vitanza and Jonnathan Navarrete maintained their $585 price target for MSTR, which implies approximately 170% upside from Strategy's current stock price of around $194. They noted that the current weakness is more reflective of market volatility rather than any change in the company's ability to accumulate additional Bitcoin.