Strategy Inc., formerly MicroStrategy, surged nearly 12% on August 19, breaking above $103 after closing around $93 the previous session. Benchmark analyst Mark Palmer maintains a Buy rating with a $570 target, revised down to $435 in July, while the market consensus sits between $229 and $240. On June 29, the company announced a Digital Credit Capital Framework with a $2 billion commitment for stock repurchases and preferred securities. Over the past year, the stock has ranged between $82 and $368, currently trading closer to the lower end of that range.
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