‘No Reasonable Scenario’ Forces Strategy To Sell Bitcoin As $440 Target Stands: TD Cowen – Strategy (NASDAQ:MSTR)

Strategy Inc (NASDAQ:MSTR) shares surged 22% Friday as TD Cowen maintained its $440 price target, arguing there is “no reasonable scenario” forcing the company to sell Bitcoin (CRYPTO: BTC) despite trading underwater on its holdings.

The Bull Case Amid Carnage

TD Cowen analysts Lance Vitanza and Jonnathan Navarrete said Strategy is “better positioned than ever” to participate in a potential recovery, even as the premise looks strained amid steep declines. The company’s shares are down 13.4% so far in 2026, adding to a 47.5% slump last year.

The volatility looks intentional ― analysts noted Strategy’s common stock is designed to be about 1.5 times more volatile than Bitcoin. 

Benzinga

Bitcoin Price Roars Above $71,000 After Days Of Sell-Offs

The bitcoin price rebounded sharply Friday after a steep sell-off over the previous 24 hours, climbing briefly climbing above $71,000, a jump of $11,000 from its $60,000 low earlier in the 24-hour session. 

The move came after several turbulent market sessions that saw the flagship cryptocurrency break key psychological support levels in a matter of hours. On Thursday, February 5, the Bitcoin price plunged as global financial markets deteriorated, with major stock indices sliding sharply and pushing investors out of riskier assets. 

The sudden downturn was linked to broader macroeconomic stress, including weak earnings reports and steep declines in technology stocks, which…

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Bitcoin Price Roars Above $70,000 After Days Of Sell-Offs

The bitcoin price rebounded sharply Friday after a steep sell-off over the previous 24 hours, climbing briefly above $70,000, a jump of $10,000 from its $60,000 low earlier in the 24-hour session. 

The move came after several turbulent market sessions that saw the flagship cryptocurrency break key psychological support levels in a matter of hours. On Thursday, February 5, the Bitcoin price plunged as global financial markets deteriorated, with major stock indices sliding sharply and pushing investors out of riskier assets. 

The sudden downturn was linked to broader macroeconomic stress, including weak earnings reports and steep declines in technology stocks, which intensified…

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Strategy ($MSTR) To Lead Bitcoin Quantum Defense, Says Saylor

Strategy’s ($MSTR) Executive Chairman Michael Saylor said on the company’s fourth-quarter 2025 earnings call that Strategy will initiate a Bitcoin Security Program. The effort is meant to coordinate with the global cyber, crypto, and Bitcoin security community.

In the call, Saylor framed quantum computing as a long-term engineering challenge rather than an immediate danger. He said the technology is likely more than a decade away from posing a serious risk to Bitcoin’s cryptography.

During the call, Strategy displayed a slide titled “Quantum and our Commitment to Bitcoin Security.” It listed quantum concerns as the latest form of Bitcoin “FUD,” alongside past fears…

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Bithumb Mistakenly Sends Bitcoin To Users, Sparks Selloff

South Korea-based cryptocurrency exchange Bithumb reportedly made an operational mistake that led to the accidental deposit of large amounts of Bitcoin to user accounts during a promotional event.

The exchange had planned to distribute small cash rewards through a “Random Box” event at around 6 p.m. local time. Winners were supposed to receive between 20,000 and 50,000 Korean won. 

Instead, staff reportedly entered the payment unit as Bitcoin rather than won.

As a result, some users received at least 2,000 BTC each, worth roughly 196 billion won per person based on prices near 98 million won per Bitcoin at the time, according to social media screenshots and… Read more on BitcoinMagazine

Bitcoin’s ‘Infinite’ Paper Supply — Not Wall Street — Is The Real Problem, Says Analyst – Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)

As Bitcoin (CRYPTO: BTC) slid back from recent highs, some market voices blamed outdated narratives such as four-year cycles or technical anomalies. Others argue the issue runs much deeper.

BTC’s ‘Theoretical Infinite’ Supply

Veteran technical analyst Bob Kendall said Bitcoin is no longer priced by on-chain scarcity or the fixed 21-million supply.

Once financial layers were added, including futures, perpetuals, options, ETFs, lending products, wrapped BTC and swaps, Bitcoin effectively lost scarcity at the point of price discovery. Supply can now be synthetically created, making BTC trade more like gold or oil in derivatives-heavy markets.

As a result, Kendall said price is driven by the…

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Bitcoin Could Bounce From 50% Crash — Here’s What Record Layoffs Just Changed

Bitcoin (CRYPTO: BTC) surged 6% as U.S. planned layoffs more than tripled in January to their highest level since 2009, raising hopes the Federal Reserve will cut rates to support the economy and put a floor under risk assets down nearly 50% from highs.

The Layoff Surge

U.S. companies announced plans to cut 108,435 jobs in January — a 205% surge from the prior month and a 17-year high, according to outplacement firm Challenger, Gray & Christmas. 

Year-over-year, announced cuts rose 118%, signaling sharp labor market weakening.

Andy Challenger called it a high figure for January, noting most plans were set at the end of 2025, signaling employers are pessimistic about 2026.

This clashes with…

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‘I’ll Buy 100% Guaranteed,’ Says Trader — If Bitcoin Reaches $40,000 Or Major Political Shock Unfolds – Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)

Bitcoin (CRYPTO: BTC) broke below key support levels this week, prompting traders to reassess when, or if, the market might offer an attractive long-term entry.

Trader Guarantees Buying Bitcoin

In a recent post on X, trader DonAlt said he would go “100% guaranteed” into Bitcoin only if one of several major events occurs.

Those potential scenarios include Bitcoin falling to $40,000, a level he views as deeply undervalued, or a dramatic shift in U.S. politics, such as Donald Trump exiting the political stage. He also cited a full unravelling of the Epstein case, with charges brought against powerful figures, as another potential trigger.

Until then, DonAlt said he plans to trade short-term and…

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Cardano Founder Lost $3 Billion But Won’t Sell—’I Don’t Care If I Lose It All’

Cardano (CRYPTO: ADA) founder Charles Hoskinson revealed his personal crypto holdings have depreciated by over $3 billion but refuses to sell, but he refuses to sell—telling viewers during a livestream from Tokyo that he doesn’t care if he loses it all.

The $3B Loss And Why He Won’t Sell

Hoskinson addressed critics who say wealthy founders can easily hold through downturns.

He revealed losing over $3 billion in unrealized losses and admitted cashing out would have been easy, but dismissed the idea entirely.

His reasoning: “Do you think I honestly care if I lose it all? Do you think I’m doing this for money? You’re pretty mistaken if you do.”

Crypto represents the only viable path…

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Crypto-Related Stocks Surge Following Thursday’s Bloodbath – Coinbase Global (NASDAQ:COIN)

Cryptocurrency-exposed stocks mounted a recovery in Friday’s premarket session after suffering double-digit losses Thursday, as Bitcoin (CRYPTO: BTC) rebounded 7.86% to trade at $65,760.87.

Mining Stocks Lead Recovery

MARA Holdings Inc (NASDAQ:MARA) surged 7.88% to $7.26 in premarket trading after plummeting 18.72% on Thursday. Strategy Inc (NASDAQ:MSTR), known for its substantial Bitcoin holdings, jumped 8.36% to $115.93 following Thursday’s brutal 17.12% selloff that came despite beating analyst estimates on fourth-quarter revenue and earnings per share.

Hut 8 Corp (NASDAQ:HUT) led the recovery with an 8.68% premarket gain to $48.34 after Thursday’s devastating 17.89%… Read more on Benzinga