Benchmark raises MicroStrategy’s stock price target to $245 from $215! 📈
- Analyst Mark Palmer argues that the company’s Bitcoin holdings and software business will continue to grow in value.
- Palmer says MSTR’s high share price offers more value than just holding Bitcoin.
- MSTR’s Bitcoin yield differs from spot Bitcoin ETFs.
- The stock price rose 6.6% to $206.19 as Bitcoin rose to $68,400.
Do you think MSTR’s strategy is working? Share your thoughts in the comments! 💬