Bernstein sees Bitcoin at $150K by 2027 amid debasement trend, trims Strategy to $350
Bernstein analysts expect bitcoin to reach about $150,000 by mid-2027 and roughly $300,000 in 2029 under a base four-year cycle, with an upside path to $200,000 by 2027 and potentially $500,000 in 2029 if currency debasement attracts more institutional buying; they also maintain a longer-term view near $1 million by 2033. They cut Strategy’s price target to $350 from $450 while keeping an Outperform rating, citing Strategy’s large bitcoin holdings, strong balance sheet, and ongoing ETF and corporate-treasury demand that bolster the “hard asset” case.
