Strategy’s stock (MSTR) doesn’t need its common stock to trade at a bitcoin (BTC) premium to be a winning bet, according to TD Cowen analyst Lance Vitanza, who maintained his $440 price target —  nearly triple last night's close of$160. In a new research note, Vitanza reaffirmed his buy rating on the stock. The case, he said, rests on Strategy’s ability to steadily grow its bitcoin holdings per share, even when sentiment is low, and the stock isn’t trading at a premium to its net asset value. “Strategy ...