Benchmark remains optimistic about Strategy (MSTR), maintaining a buy rating and a price target of 705 USD. Despite a slight decline in stock price to approximately 324 USD, the firm’s Bitcoin-linked perpetual preferred shares provide a durable capital foundation.
With holdings of 640,031 BTC, Strategy significantly outpaces other corporate holders, enhancing its market position. Benchmark forecasts that the Bitcoin-backed fixed income market could reach hundreds of billions of dollars, positioning Strategy as a leader in this emerging sector.
Leave a Reply