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MicroStrategy Stock Soars as Bitcoin Halving Nears

Analysts raise MicroStrategy's price target, anticipating a surge in Bitcoin price post-halving.

  • Benchmark analyst Mark Palmer doubles MicroStrategy's price target to $1,875, predicting a Bitcoin rise to $150,000 by 2025.
  • MicroStrategy's stock up 125% year-to-date, outperforming Nvidia with increased Bitcoin holdings.
  • Upcoming Bitcoin halving expected to create a supply shock, potentially boosting Bitcoin and MicroStrategy's stock.
  • Spot Bitcoin ETFs see over $12 billion in net inflows since January, indicating growing institutional interest.
  • MicroStrategy plans to continue expanding its Bitcoin holdings, leveraging capital market transactions and excess cash.
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