**MicroStrategy's Bitcoin Strategy: A Winning Formula?**
- MicroStrategy's BTC buying spree is boosting its stock, says a Sept. 24 analyst report. đ
- Analyst Mark Palmer suggests lending out some BTC for low-risk yield could push MSTR stock to $215.
- MSTR shares currently trade at $153 after a 10-for-1 stock split.
- Exec Chairman Michael Saylor calls BTC "perfected capital" and a low-risk yield generator.
- Despite core business revenue drops, Saylor argues BTC strategy justifies MSTR's premium valuation.
- Recent $1.01B convertible note offering fuels more BTC buys and debt repayment.
- Unencumbered BTC holdings open doors for institutional lending opportunities.
