MicroStrategy’s Implied Premium to Bitcoin Settling Into New N | Blockchain Explained
MicroStrategy’s Implied Premium to Bitcoin Settling Into New Norm, BTIG Says
MicroStrategy has a track record of creating value for shareholders, broker BTIG said in a research report on Friday, raising its price target for the software company and bitcoin (BTC) acquirer. BTIG reiterated its buy rating on the stock and increased its price target to $1,800 from $780. MicroStrategy shares were trading little changed on the day at about $1,617 at publication time.
