MSTR stock price rebounds 60%—Can it really reach $435?

Share

MSTR stock has rebounded over 60% from its June low, climbing from approximately $87 to $142.80, but remains down 56% over twelve months. The stock faces resistance near the $145-$150 area, while Benchmark analyst Mark Palmer maintains a Buy rating with a $435 price target, implying 205% upside from current levels and well above the wider analyst consensus. Strategy holds 845,050 Bitcoin and $6.7 billion in convertible debt on its balance sheet, making it a leveraged Bitcoin play that amplifies both gains and losses.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles