Strategy Stock Price Could Nearly Double as Bitcoin Treasury Aims to Dominate Market: Benchmark

Benchmark analyst Mark Palmer repeated his buy -rating for Bitcoin Giant strategy, which increased the target price of the company for MSTREN to $ 705, an increase of 85% compared to the current stock price.

The new target depends on a projection Bitcoin will reach $ 225,000 by the end of 2026.

After reporting $ 10 billion in net income in Q2 – almost completely non -realized profit at $ 71 billion Bitcoin Holdings – according to Yahoo Finance, the shares act around $ 379.71. That is a decrease of 4% since the opening bell.

Palmer said that MSST might be less remembered because of his “striking” income and more for his ambitions “to not only become the dominant Bitcoin Treasury Company, but also the world’s largest business basket, full stop.”

During yesterday’s income, CEO Phong Le said that the company strives to surpass his treasury for the next three to five years from Microsoft, Google and Amazon. And he added that he eventually wants to surpass that of the biggest treasury of companies: Berkshire Hathaway’s $ 410 billion in cash and cash equivalents.

Palmer also noted a major shift in how the company intends to finance his Bitcoin Treasury growth, by retiring his convertible debt and replacing it with a desired stock-oriented financing model.

During last night’s win, Saylor said that convertible notes, which used it in November 2024, was a suitable instrument for the earlier phases of Bitcoin acquisition of MSTR. But in January the company has exchanged $ 1 billion in convertible banknotes in an attempt to reduce leverage.

The Benchmark-Noot also drawn attention to the new approach of Strategy to issue joint equity, only to sell shares when the shares act a premium to the calculated value per share of its bitcoin and operational assets.

“The result is that MSST not only buys Bitcoin more, but instead a treasury machine for company treasure that is designed to generate Bitcoin-Verbochte returns, to manage capital increases with precision and scales faster,” wrote Palmer.

But at the time of writing, however, Bitcoin Is battered with the rest of the crypto market and shares.

BTC is currently changing hand for $ 114,950 after the last day has fallen by 3.1%. And according to Price Aggregator Coingecko, the spot trade volume in the last day has shot up to $ 57 billion. In the meantime, the wider Crypto -world -world market capitalization has sunk since Thursday 8%, now at $ 3.8 trillion.