MicroStrategy’s Implied Premium to Bitcoin Settling Into New Norm, BTIG Says
The broker increased its MicroStrategy price target to $1,800 from $780 while maintaining its buy rating on the stock.
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MicroStrategy Trades at an Unjustifiable Premium to Bitcoin: Kerrisdale Capital
The bitcoin price implied by MicroStrategy’s share price is $177K, two and a half times the spot price of the cryptocurrency, the report said.
Coinbase Plans $1B Bond Sale That Avoids Hurting Stock Investors, Copying Michael Saylor’s Successful Bitcoin Playbook
The convertible notes Coinbase wants to sell include provisions aimed at aiding its stock investors.
MicroStrategy ‘Not Resting on its Laurels’ as Bitcoin Hits All-Time High: Canaccord
The investment bank almost doubled its price target on the stock to $1,810 from $975, highest among Wall Street analysts.
MicroStrategy Is a Timely Play on Bitcoin Halving; Initiate at Buy: Benchmark
A price target of $990 is based on the assumption that bitcoin will reach $125,000 by year-end 2025, the report said.
MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs
Michael Saylor’s software firm called itself a “bitcoin development company” in its fourth quarter earnings presentation Tuesday night.
Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Stock Options
Saylor said earlier that he would use the proceedings from the sale to address personal obligations and buy more bitcoin to his personal account.