MSTR's 8% drop is not surprising, as both TD Cowen and Canaccord have lowered their price targets. However, the benchmark dares to give a 515% upside, betting that new capital instruments can stabilize market confidence.

View Original
CoinNetwork
CoinWorld news, under the newly launched BTC capital framework for Strategy's MSTR stock, the baseline forecast suggests its stock price could rise to $570. Although the baseline maintains this target price, TD Cowen and Canaccord have lowered their target prices while maintaining buy ratings. MSTR stock has fallen over 8%, closing at $84.68. Benchmark's target price implies an upside of approximately 515% compared to Monday's closing price. The company stated that the new framework provides management with more tools to repurchase securities, manage preferred stock obligations, and monetize Bitcoin holdings during market stress. This move comes after a significant decline in MSTR's stock price, which has intensified concerns about its capital structure.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned