From Investing.com:

Microstrategy (MSTR) is initiated with a Buy rating and $990 per share price target at Benchmark, expecting Bitcoin to reach $125,000 by end of 2025. Analysts believe the upcoming Bitcoin halving will benefit the stock. The firm’s valuation combines Bitcoin holdings and business intelligence software business, anticipating a significant increase in Bitcoin price with reduced supply and ETF demand. Benchmark finds MSTR to offer a unique value proposition despite new Bitcoin proxies.



Read more at Investing.com: Microstrategy initiated with buy rating at Benchmark on $125k Bitcoin forecast By Investing.com