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