Analysts overhaul MicroStrategy stock price target amid bitcoin rally
Bernstein analyst Gautam Chhugani, who boosted his price target on MicroStrategy by $310 to $600 a share in a note published Monday, sees the group as a principal beneficiary. Chhugani estimates MicroStrategy owns around 1.7% of global bitcoin and says could grow to 4% over the next decade in his base-case scenario.
Bernstein projects MicroStrategy could increase its holdings to 4% of the world’s Bitcoin by 2033, assuming Bitcoin reaches ...
MicroStrategy faces significant refinancing risk, which could lead to unfavorable debt terms or even bankruptcy. Read why I'm ...
MicroStrategy Inc (NASDAQ:MSTR) drove market conversations around a “Bitcoin treasury,” whereby companies allocate treasury ...
MicroStrategy continues to add bitcoin to its balance sheet, buying another $5 billion worth of the token last week.
Michael Saylor is evolving MicroStrategy from simply holding Bitcoin to a "Bitcoin bank." Check out why I remain bullish on ...
Note: This article has been updated to include Bernstein’s revised price target for MSTR. In a remarkable turn of events, ...
MicroStrategy's treasury model is unprecedented and will attract billions in capital from investors around the world to ...
Marathon Digital (MARA) stock can outperform MicroStrategy (MSTR) with its strong Bitcoin mining business, reports Cantor ...
Draper has been making price predictions for BTC since 2014 when he forecast that BTC, which was approximately $500, would ...
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