MicroStrategy
MSTR
Treasury
Buy
MicroStrategy holds 214,246 BTC ($18.1B) acquired at an average cost of $35,160 per coin. The stock trades at a 1.55x NAV premium justified by its unique "BTC yield" strategy -- using capital markets to accretively increase BTC per share. Our $2,400 target assumes BTC at $140K and a sustained 1.3x NAV premium.
Bitcoin Treasury / Enterprise Software