"Bitcoin Halving Boosts MicroStrategy Stock: Analysts Predict Rally to $1,800"

1 min read
Source: CoinDesk
"Bitcoin Halving Boosts MicroStrategy Stock: Analysts Predict Rally to $1,800"
Photo: CoinDesk
TL;DR Summary

Benchmark raised its price target for MicroStrategy to $1,875 from $990, citing the company's potential to benefit from the upcoming bitcoin halving and its unique business model based on acquiring and holding bitcoin. The report also raised its bitcoin 2025 year-end price forecast to $150,000 and expects MicroStrategy to continue adding to its bitcoin stash using proceeds from capital markets transactions and excess cash generated by its enterprise software business.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

80%

35770 words

Want the full story? Read the original article

Read on CoinDesk