The Block (@TheBlockCo): THE BLOCK: TD Cowen slashed its split-adjusted price target for David Bailey's Nakamoto bitcoin treasury company by 58% to $17 from $40.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- NAKA-70Negative
THE BLOCK: TD Cowen slashed its split-adjusted price target for David Bailey's Nakamoto bitcoin treasury company by 58% to $17 from $40. The firm cited a weaker outlook on bitcoin and $NAKA 's leveraged capital structure.