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 faces significant refinancing risk, which could lead to unfavorable debt terms or even bankruptcy. Read why I'm ...
MicroStrategy continues to add bitcoin to its balance sheet, buying another $5 billion worth of the token last week.
Note: This article has been updated to include Bernstein’s revised price target for MSTR. In a remarkable turn of events, ...
Shares in MicroStrategy, the largest corporate holder of bitcoin, initially jumped and then fell Monday after the software ...
Michael Saylor is evolving MicroStrategy from simply holding Bitcoin to a "Bitcoin bank." Check out why I remain bullish on ...
MicroStrategy Inc. (NASDAQ:MSTR) has been described as the “Bitcoin magnet,” attracting billions of dollars in global capital ...
This latest acquisition took place over the past few days, with current holdings now valued at nearly $38 billion.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback