Analyst: BTC reaching $150,000 by the end of 2025 will increase MicroStrategy's stock price by approximately 60%
Benchmark financial technology analyst Mark Palmer estimates that if BTC reaches $150,000 by the end of 2025, the price of MicroStrategy (MSTR) will reach $2,150 per share (or $215 per share after MSTR's 10-for-1 stock split on August 9). As of August 2024, the trading price of this stock is about $132. This means that Palmer predicts a 300% increase in the spot price of BTC would only cause an approximately 60% rise in MSTR's stock price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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