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Crypto Week Is Here. Should You Buy MicroStrategy Stock?
Crypto Week Is Here. Should You Buy MicroStrategy Stock?

Yahoo

time15-07-2025

  • Business
  • Yahoo

Crypto Week Is Here. Should You Buy MicroStrategy Stock?

MicroStrategy (MSTR) shares closed higher on Monday following SEC filings that confirmed the Virginia-headquartered firm has loaded up on another 4,225 Bitcoin (BTCUSD). MSTR spent nearly $43 billion to increase its overall BTC holdings to 601,550 between July 7 and July 13. The Bitcoin-proxy made the purchase using proceeds from at-the-market offerings. Palantir Just Launched Warp Speed for Warships. Does That Make PLTR Stock a Buy? This Analyst Just Doubled His Price Target on AMD Stock How High Can Nvidia Stock Go as Jensen Huang Heads to China? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. MicroStrategy stock has been in a sharp uptrend over the past three months, and is currently up some 96% versus its year-to-date low. MSTR shares are inching up also because U.S. lawmakers are set to debate three major pro-crypto bills: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act between July 14 and July 18. The so-called 'crypto week' in the House of Representavies may prove a major tailwind for MicroStrategy as it could legitimize cryptocurrencies, potentially attracting institutional capital and reinforcing the company's BTC-centric strategy. Investors' optimism is already being reflected in the price of Bitcoin that rallied past $120,000 on Monday – momentum that may soon translate into further upside for MicroStrategy stock. BTIG analysts are convinced that MicroStrategy shares have more room to the upside despite their monster rally since the first week of April. According to the investment firm, the annual 'Strategy World' conference showcased the firm's deep commitment to BTC and shareholder value creation. Additionally, it sees untapped upside in MicroStrategy's fixed-income instruments STRK and STRF, which could further enhance equity value through financial engineering. In its latest research note, BTIG explained that the market is underestimating the strategic potential of MicroStrategy's debt and investment vehicles as well. Its analysts expect MSTR stock to hit $620 over the next few months as MicroStrategy is no longer just a software firm, but a Bitcoin-native financial entity with asymmetric upside. Investors could take heart in the fact that, much like BTIG, the majority of other Wall Street firms also believe it's not yet too late to invest in MicroStrategy stock. The consensus rating on MSTR shares currently sits at 'Strong Buy' with the mean target of $535 indicating potential upside of another 19% from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on

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