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

Source: The Block
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.

Read original on The Block
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CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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