MicroStrategy (MSTR) Should Continue to Rebound as Bitcoin (BTC) Halving Nears: Benchmarks

Benchmark maintained its Buy rating and raised its MicroStrategy price target from $990 to $1,875. The new price target is based on the assumption that Bitcoin will reach $150,000 by the end of 2025, up from $125,000 previously. MicroStrategy shares rose more than 11% to about $1,601 in trading before the U.S. market officially opened.