Strategy Inc (NASDAQ:MSTR), a top SaaS stock, saw its share price target lowered by Bernstein to $450 from $600, while maintaining an Outperform rating. The firm holds 21 months of cash reserves, with speculation of a potential shift into a Bitcoin-based business. Despite a rocky year due to Bitcoin price fluctuations, Strategy Inc (NASDAQ:MSTR) remains in the NASDAQ 100 index and recently acquired $980 million worth of Bitcoin at an average price of $92,098. With $50 billion in Bitcoin holdings, this marks their largest acquisition since July. Consider other AI stocks for potentially higher returns.
Read more at Yahoo Finance: Strategy Inc (MSTR) Sees Fresh Action From Analysts
