TechFlow, December 6 — According to Decrypt, Cantor Fitzgerald analysts on Friday issued a report slashing their price target for Strategy, the major Bitcoin holder, by 59% to $229, while maintaining an "overweight" rating. Despite Strategy's stock having fallen over 50% in the past six months, analysts believe market concerns about the company are overstated. Strategy currently holds approximately 650,000 bitcoins (worth around $58 billion), representing 3.1% of Bitcoin's total supply.
Add to Favorites
Share to Social Media
