Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»BLOCKCHAIN NEWS»Analysts forecast MicroStrategy’s stock price to rise 16%.
BLOCKCHAIN NEWS

Analysts forecast MicroStrategy’s stock price to rise 16%.

By Crypto FlexsApril 6, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Analysts forecast MicroStrategy’s stock price to rise 16%.
Share
Facebook Twitter LinkedIn Pinterest Email

Analysts see MicroStrategy Inc.’s stock price likely to grow further following its Bitcoin acquisition throughout the bull market.

According to Bloomberg, analyst Andrew Harte recently raised his price estimate for the company’s stock to $1,800, suggesting at least a 10% upside from its current trading price. The new target is a significant jump from the previous estimate of $780.

MicroStrategy’s sharp rise in stock price has surpassed many Wall Street forecasts over the past month. The company, which held more than 214,000 bitcoins as of March 18, has reflected and even exceeded the cryptocurrency’s price appreciation. Despite reaching an intraday high of $1,999 in March, the stock’s current valuation still exceeds most analysts’ expectations.

MicroStrategy stock growth in 2024 | Source: MarketWatch

The upcoming Bitcoin halving event, which is expected to occur later this month, typically results in a decrease in new supply, increasing the price of the cryptocurrency. Bitcoin’s rise of more than 50% to new highs this year has been instrumental to MicroStrategy’s success by securing more digital assets through capital financing.

MicroStrategy currently has the largest holdings of Bitcoin of any publicly traded company. Following its acquisition last March, the company now holds nearly 1% of the total supply of BTC.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

POLYMARKET will re -enter the United States after the acquisition of QCEX $ 112 million.

July 22, 2025

Genius ACT specifies the House of Representatives, and Stablecoin Law can pass this week.

July 17, 2025

Tethers in September, completing USDT support for Omni, Bitcoin Cash SLP, KUSAMA, EOS and Algorand

July 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Bybit Card Celebrates Two Million Users With Limited-Edition Collectible And 1 BTC Giveaway

July 24, 2025

MemE Coin PEPETO, based on Ether Leeum, has exceeded $ 5.5 million in pre -sales.

July 24, 2025

Crypto EXEC is not the end of the rally.

July 24, 2025

Big Bob Slot -Self -There fish, bite wins!

July 23, 2025

XRP Holders Multiply Wealth 10X – Safely & Fast

July 23, 2025

Ethereum Based Meme Coin PEPETO Surpasses $5.5M In Presale

July 23, 2025

Crypto MEV Bot (Cryptomevbot.com) Launches Crypto Trading Bot For Individual And Enterprise Traders

July 23, 2025

Ether Leeum price rises

July 23, 2025

How to Start with Web3 and Crypto -Dew Prehtation

July 23, 2025

Use XRP To Mine BTC And DOGE? CryptoMiningFirm Launches New Cross-chain Cloud Mining Contract To Help Global Users Earn $8,150 A Day

July 23, 2025

MultiBank.io Partners With Fireblocks And Mavryk To Launch $10B Real Estate Tokenization Platform

July 23, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bybit Card Celebrates Two Million Users With Limited-Edition Collectible And 1 BTC Giveaway

July 24, 2025

MemE Coin PEPETO, based on Ether Leeum, has exceeded $ 5.5 million in pre -sales.

July 24, 2025

Crypto EXEC is not the end of the rally.

July 24, 2025
Most Popular

Solana-based GPU tokenization protocol Compute Labs raises pre-seed round with $30 million token valuation

July 3, 2024

If the chart pattern continues, Bitcoin price will make a huge move towards new highs. —Trader

August 12, 2024

Run a Node Grants Round Grantee Announcement

December 6, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.