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MicroStrategy $650 Target Reiterated By Analyst With High Accuracy — Michael Saylor-Linked Company's Preferred Stock Offerings Will Attract Insurance Companies, Banks
Tuesday, January 7, 2025 - 4:36am | 559Shares of Bitcoin (CRYPTO: BTC) proxy stock MicroStrategy Inc. (NASDAQ:MSTR) rallied 11% on Monday, coinciding with a leading analyst reiterating the stock's $650 price target. What happened: Mark Palmer, an equity research analyst at Benchmark, maintained MicroStrategy with a Buy rating and...
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Asset Manager VanEck Predicts Bitcoin To Hit $3M By 2050 And This Is Why It May Not Be An 'Extreme' Estimate
Tuesday, October 29, 2024 - 1:36am | 518In a massively bullish estimate, investment management company VanEck projected Bitcoin (CRYPTO: BTC) to hit $3 million in value in 2050. What happened: During a CNBC interview on Monday, Matthew Sigel, the firm's digital assets head, said that the projection may appear “extreme," but when...