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Bernstein: Strategy Expected to Double Bitcoin Holdings

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2025-03-26 13:42:25
Bernstein expects Strategy to double its bitcoin holdings to 1 million. After disclosing the latest increase in bitcoin holdings, Bernstein has set Strategy's rating as outperforming, with a 75% increase in the target price to $600.
In addition, Bernstein analysts expect Bitcoin to reach a cycle peak of around $200,000 by the end of 2025, $500,000 by the end of 2029, and $1 million by the end of 2033, with intermittent year-long bear markets.
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