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TD Cowen sees 90% upside for bitcoin treasury firm Smarter Web following proposed ‘MORE’ preferred IPO

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Block
TD Cowen sees 90% upside for bitcoin treasury firm Smarter Web following proposed ‘MORE’ preferred IPOWorldPing
Image via The Block.

What happened

TD Cowen raised its Smarter Web price target after its proposed MORE preferred IPO, citing broader funding options and capital efficiency.

Key facts

  • Reported by The Block and published Mon, 14 Sep 2026 09:29:39 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Bitcoin ETFs shed $463M in weekly reversal as Ether ETFs gain $197M

  2. Bitcoin bucks tech selloff as AI safety concerns weigh on stocks

  3. Bitcoin Suisse to Cut Up to Half Its Swiss Jobs in Overseas Shift

  4. TD Cowen sees 90% upside for bitcoin treasury firm Smarter Web following proposed ‘MORE’ preferred IPO

  5. Bitcoin ETFs just lost $463 million as the Fed puts BTC at risk of losing $75,000

  6. CLARITY Act vote meets Fed rate hike: Five things to know in Bitcoin this week

  7. Bitcoin climbs to $78,000 as crypto sits out the AI selloff

Sources

The original report was published by The Block. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at The Block

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Brief by WorldPing · Original reporting by CoinDesk