Wall Street analyst slaps the highest MicroStrategy stock-price target yet — here’s why.
Shares of MicroStrategy Inc. looked set to extend their bounce on Monday, after Benchmark analyst Mark Palmer raised his price target to the highest on Wall Street, saying the ability of the company to create shareholder value through its bitcoin purchases is being undervalued.
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.
MicroStrategy (MSTR) Stock Price Target Raised To $600 By Bernstein
Michael Saylor explains that MicroStrategy's MSTR stock adds value to Bitcoin just as oil companies gain value by refining oil to gasoline.
Should Investors Buy MicroStrategy Stock (MSTR) Instead of Bitcoin?
For investors seeking exposure to Bitcoin ($BTC), buying MicroStrategy ($MSTR) stock can be a compelling alternative. My bullish outlook on MSTR
MicroStrategy’s Growing Bitcoin Investment: Expanding Bigger Than Ever!
MicroStrategy’s Bitcoin Strategy Keeps Making Headlines! Discover How Their Unwavering Commitment To Bitcoin Continues To Grow!
MicroStrategy's $5.4B Buy Last Week Adds To Its Bitcoin Hoard; Stock Stumbles
Shares in MicroStrategy, the largest corporate holder of bitcoin, initially jumped and then fell Monday after the software ...
MicroStrategy Buys More Bitcoin. The Stock Is Down.
In an 8-K filing Monday morning, MicroStrategy said it purchased about 55,500 bitcoin in its largest buy ever, bringing its ...
MicroStrategy spends $5.4 billion buying another 55,000 bitcoins
MicroStrategy continues to add bitcoin to its balance sheet, buying another $5 billion worth of the token last week.
MicroStrategy Accelerates Bitcoin Buying With Record Purchase
MicroStrategy Inc. bought a record $5.4 billion in Bitcoin, the third major purchase announced this month by the crypto hedge ...
MicroStrategy Purchases Another $5.4 Billion in Bitcoin
MicroStrategy Inc. bought another $5.4 billion in Bitcoin, marking its third acquisition this month as the company rapidly ...
Crypto Briefing4h
MicroStrategy acquires 55,500 Bitcoin for $5.4 billion
MicroStrategy's Bitcoin acquisition strategy grows with a $5.4 billion purchase, boosting holdings as it targets long-term ...
Understanding MicroStrategy
MicroStrategy faces significant refinancing risk, which could lead to unfavorable debt terms or even bankruptcy. Read why I'm ...
MicroStrategy spends $5.4 billion buying another 55,000 bitcoins, stock slips
MicroStrategy continues to add bitcoin to its balance sheet, buying another $5 billion worth of the token last week.
CoinDesk4h
Michael Saylor's MicroStrategy Makes Mammoth BTC Purchase, Adding 55,500 Tokens for $5.4B
This purchase comes after MicroStrategy's last week completed its latest sale of convertible debt, raising $3 billion on the ...