According to recent insights from COINOTAG News dated March 26th, analysts at Bernstein have revised their stock price model for Strategy, previously known as MicroStrategy, following noteworthy fourth-quarter results and the company’s recent Bitcoin procurement. Bernstein upholds an Outperform rating with a target price set at $600, reflecting a substantial 75% increase. In their bullish scenario, Bernstein suggests that Strategy’s Bitcoin reserves could surge to approximately 5.8% of the total circulating supply of 19.8 million BTC, escalating from the current 2.5%. This projection hinges on Strategy’s potential to enhance its Bitcoin acquisition strategy in conjunction with favorable capital market conditions, reduced interest rates, and a stable bull market phase.
Moreover, analysts estimate that in this optimistic situation, Strategy’s overall debt—including preferred shares—could escalate from $11 billion to about $100 billion, potentially pushing its equity valuation to nearly $840 billion. The analysts forecast Bitcoin prices might reach around $200,000 by the close of 2025, escalating to $500,000 by 2029, and even hitting $1 million by 2033, interspersed with likely brief bear market phases during this period.