TechFlow news, November 25 — According to The Block, Bernstein analysts from the research and brokerage firm stated that they expect MicroStrategy’s holdings of bitcoin to increase from 1.7% to 4% of the circulating supply over the next decade. They have updated their end-2025 price target for MicroStrategy stock (MSTR) to $600.
"In our view, MicroStrategy's bitcoin treasury model is unprecedented on Wall Street," wrote Gautam Chhugani-led analyst team in a client report on Monday. Bernstein had previously set a $290 price target in June, when the stock was trading around $148.
The previous target was reached on November 11, after the stock surged nearly 100% over the past month and 509% year-to-date. On last Friday, MSTR closed up 6.2% at $421.88, implying a 42% upside potential from current levels based on the new target.
Currently, MSTR is up 6% in premarket trading at $447.70.
