Posted 4/8/2024, 8:01:14 PM
Analyst Boosts MicroStrategy Price Target to $1,875 on Bitcoin Price Outlook
- Analyst significantly raised MicroStrategy price target from $990 to $1,875, citing Bitcoin rally & halving event
- Questions why MicroStrategy trades at premium compared to direct Bitcoin purchase
- Analyst focuses on MicroStrategy's future Bitcoin holdings & Bitcoin price outlook
- Predicts Bitcoin will reach $150,000 by end of 2025 due to halving "supply shock" & ETF "demand shock"
- Click the link for more expert insight and market action from the full episode