MicroStrategy Is a Timely Play on Bitcoin Halving; Initiate at | • CRYPTO NEWS • #BTC • #ETH •
MicroStrategy Is a Timely Play on Bitcoin Halving; Initiate at Buy: Benchmark
MicroStrategy (MSTR) has a unique business model based on the acquisition and holding of bitcoin (BTC), which represents the majority of the software company’s valuation, investment banking firm Benchmark said in a Tuesday research report initiating coverage of the stock. Benchmark has a buy rating on the shares with a $990 price target. MicroStrategy added about 8% to $860.75 in early trading on Tuesday.
