Bernstein raised MicroStrategy's price target to $600 by the end of 2025

2024-11-25 18:58:58

Collection

ChainCatcher news, Bernstein analysts expect MicroStrategy's Bitcoin holdings to rise from 1.7% of the circulating supply to 4% over the next decade, and they have updated the target price for MSTR to $600 by the end of 2025.

According to data from TradingView, Bernstein previously set a target price of $290 in June when the stock was trading around $148, and it subsequently reached that price on November 11. The stock has risen nearly 100% in the past month, with a year-to-date increase of 509%.

Analysts' assessment of MicroStrategy depends on three factors. First, whether investors are structurally bullish on Bitcoin; second, whether MicroStrategy faces liquidity or bankruptcy risks; and third, whether the company can sustainably scale its capital over the long term.

They believe that Bitcoin is in a sustained bull market, supported by favorable regulatory conditions, the incoming Trump administration's support, increasing institutional adoption, and a macroeconomic backdrop of low interest rates, inflation risks, and record fiscal debt.

(Source Link)

Related tags

Bernstein MicroStrategy Bitcoin

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.