Mizuho slashes MSTR target but still sees Strategy topping $200
Mizuho slashes MSTR target but still sees Strategy topping $200
Mizuho cut its MSTR price target to $213 but kept an outperform rating, still expecting shares to trade above $200.The revised target follows Strategy’s $216 million Bitcoin sale, which left the company holding 843,775 BTC and $2.55 billion in cash reserves.Grayscale Research and several market commentators said the sale could strengthen Strategy’s finances and improve its S&P 500 inclusion prospects.