Analysts overhaul MicroStrategy stock price target amid bitcoin rally
Bernstein analyst Gautam Chhugani, who boosted his price target on MicroStrategy by $310 to $600 a share in a note published Monday, sees the group as a principal beneficiary. Chhugani estimates MicroStrategy owns around 1.7% of global bitcoin and says could grow to 4% over the next decade in his base-case scenario.
In January, spot bitcoin ETFs began trading, which opened the door to more mainstream investors. Last week, options on those ...
Renowned economist Peter Schiff came hard at the U.S. government’s endorsement of Bitcoin (CRYPTO: BTC), predicting potential ...
A leak has revealed the U.S. Securities and Exchange Commission (SEC) is softening its opposition to other crypto ETFs after ...
U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than ...
Helping to drag on Wall Street was Google’s parent company ... Indexes elsewhere in Asia and Europe were mixed. In the ...
Ethereum has broken an eight-year support trend against Bitcoin, raising questions about the second-largest cryptocurrency’s ...
MicroStrategy shares are a more popular bitcoin play than the cryptocurrency itself for many individual investors.
Jim Cramer is now singing a different tune about Bitcoin. The Mad Money host, famous for his sharp takes on markets and occasional whiplash-inducing U-turns, declared on live television, “All I can ...
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