From Yahoo Finance: 2025-04-30 12:55:00

Investment bank H.C. Wainwright initiated coverage of MicroStrategy (MSTR) with a Buy rating and $480 price target, citing a unique opportunity to benefit from a Bitcoin rally. The company owns $49 billion in Bitcoin, raising over $25 billion and buying Bitcoin at a faster rate than issuing shares.

With a “first-mover advantage” in Bitcoin investment and a positive image among crypto fans, MSTR is popular among retail investors. The stock has surged 24% in the last month and 13% in the last three months. However, some believe AI stocks offer greater promise for higher returns within a shorter timeframe.

Read more: Investment Bank Starts Coverage of MSTR With a Buy