MSTR gonna meet 5000

Trevelyan
03-14

Not sure it will hit $2K or not this week, but in the long term, $MicroStrategy Incorporated(MSTR)$ gonna meet 5000.According to Standard Chartered Bank, Bitcoin is expected to reach $100,000 by the end of this year. Research firm Fundstrat has set a target range of $116,000 to $137,000. Hedge fund SkyBridge predicts that Bitcoin will reach $170,000 by April 2025. Crypto asset management company 3iQ has set a base target of $110,000 for Bitcoin in 2024, rising to $140,000 the following year. Additionally, the company has a more aggressive forecast, with Bitcoin reaching $180,000 this year and $450,000 by 2025.

MicroStrategy currently holds 200,000 Bitcoins, with a market value of around $90 billion, corresponding to a stock price of $5,500.

When Will MSTR Meet $2000?
Microstrategy hits $1850 in the premarket trading and then pulls back to $1676 on Thursday trading. MicroStrategy said on Monday that it raised $782 million in a debt sale “to acquire additional bitcoin.” The company now owns 205,000 bitcoins. --------------------- How do you view Microstrategy buying more bitcoins? What's your target price for Microstrategy? When will MSTR reach $2000?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment