MicroStrategy to raise $2.6 billion to double down on Bitcoin bet

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Go back to MicroStrategy to raise $2.6 billion to double down on Bitcoin bet

MicroStrategy (MSTR) PT Raised to $570 at BTIG (from $290)

November 20, 2024 4:11 PM EST

BTIG analyst Andrew Harte raised the price target on MicroStrategy (NASDAQ: MSTR) to $570.00 (from $290.00) while maintaining a Buy rating.

The analyst comments "MSTR's 21/21 Plan that was announced on October 31 and entails the company raising $42bn of capital to acquire additional... More