Analysts Eyes MSTR to Hit $600 as Strategy’s BTC Plan Works Out
Executive Chairman Michael Saylor celebrated this milestone saying, “MSTR is now up more than 3000% since adopting the Bitcoin Standard.”
The Strategy (MSTR) stock has just surpassed $400 for the first time since the third quarter of 2024, indicating strong investor confidence in the company’s Bitcoin-focused strategy.

Strategy (formerly MicroStrategy) stock currently trades between $381 and $400. Analysts have an average target of $446, with a few estimating it to go up to as much as $600.
The company’s move to embrace the Bitcoin Standard in 2020 continues to set the stage for its market story. The company has acquired a massive BTC portfolio, expanding its holdings at a compound annual growth rate (CAGR) of 59% from 2020 to 2024.

Investors now view Strategy’s stock as a proxy for BTC itself, despite the company’s origins as a software firm. Since adopting the “Bitcoin Standard,” Strategy’s stock has surged more than 3,000%.
Also, Executive Chairman Michael Saylor celebrated this milestone, posting on X, “MSTR is now up more than 3000% since adopting the Bitcoin Standard.”

In the future, analysts continue to be positive about the potential of the stock, with some envisioning that it might reach $600 in May of 2025, particularly if Bitcoin is held above a price of $95,000. In addition, Investors are closely monitoring the company’s next Q1 2025 earnings release on May 1, after the market closes.
Strategy is expected to report a loss per share of $0.11, which is better than the $0.31 loss in the same quarter last year. Revenue is expected to be $116.6 million, up 1.2% over the previous year.
Although these metrics show gradual operational improvements, investors are more interested in the company’s Bitcoin reserves and accounting data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Paradigm Capital Moves 10 Million LDO Tokens to Exchanges

Trump Nominates Brian Quintenz for CFTC Chair

Pi Coin Struggles and Pi Day 2’s Impact on Its Future Trajectory
In Brief Pi Coin struggles below $0.65 amid rising bearish pressure. Upcoming "Pi Day 2" on June 28 may impact its short-term direction. Analysts observe concerning signs in PI’s technical indicators and on-chain data.

South Korea Sets New Standards for Cryptocurrency Market
In Brief South Korea introduces the "Digital Asset Basic Act" for cryptocurrency market clarity. The bill aims to boost stablecoin usage and offers a predictable business environment. Swift action contrasts with the slow U.S. progress, giving Korea a competitive edge.

Trending news
MoreCrypto prices
More








