Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
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

The $19 billion cryptocurrency collapse: A catalyst for Bitcoin to reach $200,000 by 2025: Standard Chartered

October 25, 2025

DAOs are redefining corporations, but the law is not yet ready.

October 20, 2025

US government holds $36 billion in Bitcoin after largest confiscation in history

October 15, 2025
Add A Comment

Comments are closed.

Recent Posts

Stake USDT To Earn BTC With Up To 600% APR

October 28, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025

US Bitcoin reports holdings of 3,865 BTC after recent acquisition

October 27, 2025

Swiss Bitcoin App Relai Acquires MiCA License In France

October 27, 2025

Tapzi Presale Gains Traction with DeepSnitch AI and Bitcoin Hyper

October 27, 2025

The first extension for Solana developers

October 27, 2025

River Public Sale – 48-Hour Dutch Auction Lowest Price Settlement, Claim And Refund Instantly After End

October 27, 2025

Jiuzi Holdings, Inc. Partners With SOLV Foundation On $2.8B TVL Bitcoin Initiative To Advance Crypto Treasury Strategy

October 27, 2025

Why Elon Musk’s SpaceX transferred $133 million in Bitcoin

October 27, 2025

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 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

Stake USDT To Earn BTC With Up To 600% APR

October 28, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025

US Bitcoin reports holdings of 3,865 BTC after recent acquisition

October 27, 2025
Most Popular

Why are IMX holders not selling?

August 14, 2024

RoaringPepe Price Prediction: RPEPE Explodes 70% as Roaring Kitty Reveals GameStop (GME) Holdings, But Traders Turn to New ICO for 100x Profits

June 4, 2024

DEGEN Cryptocurrency Surges 40% in 24 Hours, Then Crashes: What’s Happening?

June 21, 2024
  • 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.