With significant hedge fund interest, Strategy Inc. (NASDAQ:MSTR) secures a spot on our list of the 12 most promising blockchain and crypto mining stocks according to hedge funds.
On October 20, 2025, TD Cowen reiterated its “Buy” rating on Strategy Inc (NASDAQ:MSTR) with a $620 price target.
The investment firm’s bullish stance is attributed to the resilience and continued adoption of Bitcoin globally amid recent market volatility. Even though significant fluctuations in Bitcoin prices have been noted recently, ongoing global adoption remains unaffected, particularly evidenced by developments in countries like Japan and the UK. For Strategy Inc (NASDAQ:MSTR), this is critical, especially because of its acquisition of Bitcoin at a faster rate than issuing equity, which has resulted in an increase in Bitcoin per diluted share, a positive indicator for investors.
TD Cowen also highlighted the resilience of Bitcoin and Ethereum during a massive liquidation event, reflecting the digital asset ecosystem’s robustness. Moreover, with Bitcoin nearing its all-time high, investors see strong long-term potential. Meanwhile, the potential relaxation of Japan’s ban on banks investing in digital assets reflects regulatory advancements in the market, supporting the positive outlook for Bitcoin and, by extension, Strategy Inc (NASDAQ:MSTR)’s stock.
Strategy Inc (NASDAQ:MSTR), a Bitcoin treasury and software intelligence company across the U.S. and the rest of the world, offers investors exposure to Bitcoin through equity and fixed-income instruments.
While we acknowledge the potential of MSTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.
