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

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

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.

Topics:businessfinancetechnology#benchmark#bitcoin#cryptocurrency#financetechnology#halving#microstrategy
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  1. MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark  CoinDesk
  2. Buy MicroStrategy stock because bitcoin should double in 2 years, analyst says  MarketWatch
  3. MicroStrategy price target raised to $1,800 from $780 at BTIG - TipRanks.com  TipRanks
  4. Bitcoin Spike Ahead of Halving Boosts Coinbase, MicroStrategy Stock Prices  Decrypt
  5. With BTC halving nearing, MicroStrategy stock rally should persist - Benchmark  Investing.com

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