MicroStrategy, led by Michael Saylor, has expanded its Bitcoin portfolio by purchasing an additional 3,000 Bitcoins for $155 million, bringing its total holdings to 193,000 Bitcoins. This acquisition, part of a $6.09 billion total investment in Bitcoin, has propelled the company's Bitcoin investment value to over $11 billion. The firm's strategy has yielded a profit of approximately $4.94 billion, with the Bitcoin price jumping from $41,000 to over $50,000. Analysts, noting the company's bullish stance on Bitcoin, have given MicroStrategy a positive outlook. Benchmark initiated coverage with a 'Buy' rating and a $990 price target, predicting a 24% upside and speculating Bitcoin's price could reach $125,000 by the end of 2025. MicroStrategy's stock has benefited, seeing a 25% increase over five days.
Investment bank Benchmark has a buy rating on MicroStrategy with a $990 price target. Benchmark said its target price for MicroStrategy is based on their assumption that the price of Bitcoin will reach $125,000 by the end of 2025. https://t.co/pSJRu4TVuT
MicroStrategy’s stock deemed a ‘buy,’ with bitcoin’s halving a budding catalyst https://t.co/1cXUjEmTVq
Bitcoin firm MicroStrategy pops 27% in two days as company's crypto stake hits $11 billion https://t.co/0j9xQEJGSe
NEW: MicroStrategy's #Bitcoin stack exceeds $11 BILLION in value 👀🙌 https://t.co/nSSh8nqEqZ
MicroStrategy receives buy rating and price target of $990 in Benchmark report https://t.co/ATFJpWoKda
JUST IN: Michael Saylor's MicroStrategy #Bitcoin holding is now $4.94 Billion in profit! https://t.co/hxDQG6sses
Benchmark analyst, Mark Palmer, initiated coverage on MicroStrategy $MSTR, rating the stock a Buy with a Price Target of $990 (upside of 16%). MSTR has gained 25% over the past 5 days, as Bitcoin $BTC gains help lift stocks in the sector. #stocks https://t.co/au8ih8sCBo
MicroStrategy Stock Has 24% Upside, Says Analyst. Bitcoin Is the Driver. https://t.co/vWwfqUJMWq
📈 #MicroStrategy's #Bitcoin investments approach unrealized gains of $4.8B. If BTC hits $69,000, their profits could soar to $7.1B. $MSTR | #Saylor The power of DCA! 🔥 https://t.co/ZulPIltocF
JUST IN: Michael Saylor's MicroStrategy #Bitcoin investment is now at a $4,650,000,000 unrealized profit.
Microstrategy Invests in Additional 3,000 #Bitcoin; BTC Stash Now Worth $9.88 Billion https://t.co/9upKjsEPJ2
MicroStrategy now holds 193,000 #Bitcoin worth over $10.5 BILLION 🤯 https://t.co/0j5a1dJtsj
MicroStrategy, chaired by billionaire crypto evangelist Michael Saylor, just dropped over $150 million to buy thousands of Bitcoin. https://t.co/fJ71blKWtH
💥 NEW YT VIDEO Michael Saylor announces that MSTR has bought an additional 3000 #Bitcoin, taking Microtrategy's TOTAL Bitcoin stack to 193,000 #BTC 🙌 Michael Saylor's secret 1924 playbook he's following will reveal his next move... 😮 Link below 👇 https://t.co/9g1V2164QR
Microstrategy just bought more Bitcoin. They now own ~1% of supply. Up $4B on their position 😱 https://t.co/O6gd5klWcS
Did Microstrategy just buy the $155m of BTC on the open market? 4.7% price pump in 3 hours JFC https://t.co/C40aQIbKKs
NEW: Updated MicroStrategy tracker shows them up 68% ($4.19 billion) on their #Bitcoin investment 🙌 https://t.co/hwKdPzu8OZ
MicroStrategy Bitcoin Stash Swells to $10.28 Billion as Firm Buys More BTC ► https://t.co/fS4lRsV53W https://t.co/fS4lRsV53W
Microstrategy DOES NOT CARE what price they buy #Bitcoin at LMAO. Insane. They clearly believe it's going to $200K+ https://t.co/w9clqHMSmD
📣 How @MicroStrategy (#MSTR) plans on using its 190,000 #Bitcoin for its Digital Property Development Company & "Digital Energy" Company 🧐After studying 100+hrs of @saylor podcasts, I found the 🤯 facts FOR YOU 📚Read this🧵 & Watch the clips below to see the Proof 👇 1/ https://t.co/eYQc70Dq4C
Michael Saylor’s MicroStrategy has acquired more Bitcoin as the cryptocurrency jumped from around $41,000 at February’s beginning to over $50,000 as it draws to a close https://t.co/E4omwZWpxs
MicroStrategy has bought another 3,000 #bitcoin for $155 million! They now own 193,000 bitcoin. And you’re still afraid to get in?
.@saylor's MicroStrategy disclosed the purchase of another 3K #bitcoin in February, bringing total holdings up to 193K. @oknightcrypto reports https://t.co/Q2OmZFARGG
NEW: Michael Saylor is now $3.8 BILLION in profit on MicroStrategy's $6.09b #Bitcoin investment. 🤯 https://t.co/f8H4oYEVEK