O Citigroup deu uma classificação de compra Strategy devido à sua perspectiva otimista sobre o Bitcoin.

CoinVoice latest news, according to CoinDesk, investment bank Citigroup has initiated coverage of Strategy (MSTR) for the first time, giving it a buy/high risk rating and a target price of 485 dólares, positioning the stock as a leveraged bet on Bitcoin. On Tuesday morning in the U.S. stock market, MSTR's stock price rose 1.5%, approximately reporting 301 dólares. Citigroup stated in a report released on Tuesday that the target price reflects Citigroup's prediction that Bitcoin will reach 181,000 dólares in 12 months, which has a 63% upside potential from current levels, as well as a net asset value (NAV) premium of 25% to 35%, consistent with Strategy's historical Bitcoin earnings multiple of 2.5 to 3.5 times. Citigroup analysts believe that this structure makes the stock a leveraged bet on Bitcoin's performance, with significant upside potential in a bull run, while a price reversal could lead to a significant retracement. Citigroup stated that in the most pessimistic scenario, if Bitcoin falls by 25%, and the net asset value premium drops from 35% to a discount of 10%, the stock could lose about 61%. The report stated that Strategy is expected to continue issuing títulos conversíveis, preferred stock, and shares based on the net asset value premium situation to expand its Bitcoin participações.