MicroStrategy Buys 12,000 More Bitcoin, Now Holds 205,000 as Price Targets Soar

MicroStrategy continues adding to its bitcoin holdings, recently buying about 12,000 more bitcoin using cash and proceeds from an $800M debt offering
Investment bank Canaccord raised its price target on MicroStrategy's stock to $1,810, the highest on Wall Street
MicroStrategy is driving shareholder value via its bitcoin acquisition strategy, yet has no direct competitors emerging
Recent bitcoin spot ETF launches have driven MicroStrategy's stock premium relative to its bitcoin holdings even higher
MicroStrategy now holds around 205,000 bitcoin after its latest purchases