Two Big Bitcoin Catalysts Could Drive MicroStrategy Stock Gain | Crypto Market Time
Two Big Bitcoin Catalysts Could Drive MicroStrategy Stock Gains, TD Cowen Says
Bitcoin (BTC) has significant upside potential this month thanks to two big catalysts and Michael Saylor's MicroStrategy (MSTR) stock could surge, too, on its way toward getting "meaningfully higher" by the end of the year, TD Cowen analyst Lance Vitanza said in a note Monday. MicroStrategy reported a net operating loss of $53.1 million for the first quarter of 2024 after taking a digital asset impairment charge of $191.6 million.
