Benchmark fintech analyst Mark Palmer estimates that if BTC reaches $150,000 by the end of 2025, the price of MicroStrategy (MSTR) will reach $2,150 per share (or $215 per share after MSTR's 10-for-1 stock split on August 9).
As of August 2024, the stock is trading at around $132, which means that Palmer's prediction that a 300% increase in the BTC spot price would only increase MSTR's share price by around 60%.
Analyst: BTC reaching $150,000 by the end of 2025 will boost MicroStrategy's share price by about 60%
2024-08-18 22:54:13
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