Citi has given Strategy stock a “buy” rating and a price target of $485, citing the investment as “a bellwether of BTC’s potential upside and downside momentum.” The bank said in a Tuesday note that Bitcoin treasury, which trades on the Nasdaq under the ticker MSTR, could continue to soar if BTC hits the $181,000
Leading cryptocurrency Bitcoin (BTC) experienced sharp declines in October, known as the historically bullish month. At this point, although Bitcoin has risen today, it has continued to decline despite its traditional upward trend in October and is still looking for direction. Analyst James Van Straten said that Bitcoin continued to struggle in October, which is
BlackRock and other asset managers are luring Bitcoin whales to Wall Street, Bloomberg reported. Accordingly, large whales in the US who have been holding large amounts of Bitcoin for a long time have begun converting their spot BTC assets into ETFs. BlackRock is leading the way on this issue, and BlackRock’s Head of Digital Assets,
Investment bank Citi (C) initiated coverage of Strategy (MSTR) with a buy/high risk rating and a $485 price target, positioning the stock as a leveraged bet on bitcoin BTC$113,197.67. MSTR shares were 1.5% higher in early trading on Tuesday, around $301. The price target reflects Citi’s 12-month bitcoin forecast of $181,000, representing 63% upside from
Bitcoin BTC$112,463.21 is catching a bid on Tuesday as the record rally in precious metals reverses in a big way. Gold saw a 5% decline to $4,130, its biggest daily drawdown in years. Silver also tumbled nearly 8%. The metals had surged over the past few months fueled by central banks moving into monetary easing
Leading cryptocurrency Bitcoin (BTC) experienced sharp declines in October, known as the historically bullish month. At this point, Bitcoin has continued its decline despite its traditional upward trend in October and is still searching for direction. Analyst James Van Straten said Bitcoin continues to struggle in October, one of the strongest months in history. The
Hyperscale Data revealed that the value stored in its Bitcoin treasury now represents around 66% of the company’s total market capitalization based on the previous closing stock price. Summary Hyperscale Data’s Bitcoin holdings have reached around 150.21 BTC ($16.3 million) through mining and open-market purchases, with $43.7 million in additional funds. The company aims to
Samson Mow has never been the type to drop careful forecasts wrapped in disclaimers, and his latest prediction once again shows why he has become one of the loudest voices in Bitcoin (BTC) circles. In a post that already pulled in tens of thousands of views, he said that once BTC crosses $1 million per
German fintech company aifinyo AG (Ticker: EBEN) has announced its ambitious plan to become Germany’s first pure-play Bitcoin treasury company, with a target of accumulating over 10,000 Bitcoin by 2027. The announcement marks a significant milestone for corporate Bitcoin adoption in Europe’s largest economy. The company has already invested €3 million in Bitcoin purchases, complemented
Over 160 publicly listed companies have now adopted bitcoin as a core treasury strategy, collectively holding nearly a million BTC, about 4% of circulating supply. What began as a bold experiment by one firm has morphed into a global playbook: raise capital, buy bitcoin, and deliver partial equity exposure to bitcoin through a listed vehicle.